1. ByteDance investors value TikTok at $50 billion in takeover bid

2. Alibaba B2B platform GMV up 80% in the first half of 2020

3. Didi’s global COO Tony Qiu quits job to join Kuaishou

4. ZTE’s Former Executive Vice President Xuezhong Zeng to Join Xiaomi as Head of Phone Division

5. JD Worldwide saw 50% growth in total female shoppers in H1 2020; sales up 70%

6. Online education company Koolearn Technology 新东方 predicts USD 114 million net losses in 2020

7. Grocery group-buying app Nice Tuan 十荟团 bags USD 80 million in latest round

8. Taiwan-based TNL Media Group raises $8 million to build its publishing and data analytics businesses

9. Qiming Venture leads Series A in Hong Kong-based staking service startup Hashquark 

10. Online coding education platform 和码编程 closed 7-digit USD in Series A

11. ZhongXiangYunQi 众项云企, new retail solutions provider for small and medium brick-and-mortar stores, raised 6-digit RMB in Angel Round


Check out our latest podcast about “China’s Changing Regulations on Gaming, with Greg Pilarowski, Legal Expert & Founder of Pillar Legal” here

Check out our latest blog post about “Founders Explain How They Succeeded with Their MVPs” here



1. Flipkart rolls out hyperlocal-delivery service to compete with Dunzo and Swiggy

2. Toppr raises $46 million to scale its online learning platform in India

3. Singapore-based Qualgro leads USD 8 million Series A in Indian SaaS company Hevo



1. China now accounts for nearly one-quarter of Tesla revenue

2. Li Auto to raise US$1.1 billion on Nasdaq as electric vehicle maker launches biggest IPO by a Chinese company in the US this year

3. Qualcomm soars after striking patent deal with Huawei

4. China’s Tencent is now bigger than Facebook after adding around $200 billion to its value this year



1. Arizona leads multi-state probe into older iPhones slowing, shutting down

2. Walmart launches its own voice assistant, ‘Ask Sam,’ initially for employee use

3. Samsung operating profit up 24% on rising chip demand

4. TransferWise confirms new $5B valuation following $319M secondary share sale

5. European software startup Infobip raises over $200 million in Series A funding

6. Humana invests $100 million in telehealth start-up Heal

7. BlackRock Leads Patient-centered Health Intelligence Company Sema4’s $121M Series C

8. Fintech Startup Remitly Raises $85M at $1.5B Valuation

9. Medical device startup Eargo lands $71M to help with hearing loss

10. Home fitness system Tempo raised $60M Series B

11. Instrumental raises $20M to scale its AI-powered manufacturing tech

12. Vendor security management platform Whistic raises $12M Series A to automate security reviews

13. KloudGin Lands $8M Series A To Connect Field Workers, Assets

14. Israeli meat alternative startup SavorEat raises USD 3 million


Image Credits: TechNode

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