1.French tax on internet giants could yield 500 million euros per year

2.Electric scooter sharing firm VOI raises $30 million for European expansion

3.German utility EnBW to expand trading, solar business

4.Facebook sues over sales of fake accounts, likes and followers

5.Voi Technology, the European e-scooter rentals startup, raises an additional $30M

6.Facebook admits 18% of Research spyware users were teens, not <5%

7.Bill Gates and Jeff Bezos-backed fund invests in a global geothermal energy project developer Baseload Capital

8.Two Austin-based VC firms, ATX Seed Ventures and Quake Capital, are each raising $100M funds

9.Amazon to Launch New Grocery-Store Business

10.WeWork Cuts About 300 Employees, Ahead of a Hiring Binge



1.Chinese P2P lender Dianrong to reportedly close 60 offline stores, lay off 2,000 staff

2.Ofo turns to ecommerce, converts user deposits into discounts

3.Yet another Chinese tech giant lays off staff. This time it’s NetEase

4.SoftBank Vision Fund pumps $1.5b into Chinese used-car marketplace

5.Chinese online trading platform Tiger Brokers eyes US listing, $150m raise

6.China’s Starbucks Rival Luckin Piles Up Losses Before IPO

7.Alibaba Pledges to Compensate Victims of Its Mass Cloud Outage

8.Baidu Plans to Run Commercial Self-Driving Pilots This Year

9.Non-ferrous metal B2B e-commerce platform “51 youse”  51有色 has received 50 million yuan in A round of financing

10.Pharmaceutical research and development company “Aiqikang Medicine” 艾琪康医药 received tens of millions of dollars in financing



1.Tencent, Kakao among shortlisted bidders for South Korean gaming firm Nexon

2.China’s insurance giant Ping An is aggressively courting Southeast Asia


Emerging Market:

1.Ola’s EV unit secures $56m funding from Matrix, Tiger Global

2.India interior design startup Homelane gets $4.6m from JSW Ventures, Sequoia India, Accel Partners

3.Indonesian health platform Halodoc nets $65m series B funding from UOB, SingTel


Cover picture credits from Tech Sina

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