1. Trump, Federal Communications Commission (FCC) unveil plan to accelerate 5G rollout

2. Apple and Qualcomm’s Global Fight Heads to Court in San Diego

3. Bird will launch electric scooters in 50+ European cities, increasing its European fleet size more than ten-fold

4. Amazon-owned game-streaming site Twitch launches its first game to public, a karaoke-style ‘Twitch Sings’ 

5. Publicis announces $4.4 billion deal to acquire data marketing company Epsilon

6. Password manager Dashlane closes on $30M, adds former Spotify CMO to board

7. LumApps raises $24M Series B for its ‘social intranet’

8. SOSV MOX Batch 5 Portfolio Fleksy is getting a store to put mini apps at chatters’ fingertips using AI keyboard



1. Chinese regulators shut down 33,600 apps, target gaming and education

2. Huawei is ‘open’ to selling 5G chips to Apple for iPhones, marking a big shift in strategy

3. Facial recognition comes to express delivery in Chinese cities, announced by Cainiao Network 菜鸟网络

4. Automotive company ENOVATE 天际汽车 completed more than $2 billion worth of fundraising

5. Troubled P2P lender Dianrong 点融 looks to raise $100 million

6. Kunlun 昆仑, backer of Musical.ly, Grindr and Opera to invest $50M in self-driving startup Pony.ai

7. Vehicle driver system provider Anzhi Auto 安智汽车 completed tens of millions of A+ round financing

8. Pet health management platform Tips 小贴士 received millions of dollars in financing

9. SOSV Chinaccelerator Batch 12 Portfolio ExpoPromoter secures new $1m round of investment for big push in China

10. Alibaba-backed used goods platform Idle Fish 闲鱼 investing in creating quality content



1. US scooter-sharing service Lime picks Singapore as regional HQ

2. Naspers-owned payments company PayU doubles down on India with $70M deal to buy Wibmo

3. Insurtech NTUC Income joins hand with Chinese insurer ZhongAn 众安保险 for Singapore scaleup



1. China’s smartphone shipments down 4.1% in March to 26.94 million units


Emerging Market:

1. Mastercard, Kuok Ventures, SGInnovate invest in AI startup AIDA Technologies

2. Malaysian fintech startup MoneyMatch closes pre-series A round

3. Fore Coffee raises an additional US$1M, aims hyper-expansion in Indonesia


Cover picture credits to ChinaDaily.

Start typing and press Enter to search