1. As Tech Firms Delayed Going Public, Pre-IPO Bonus Shrank

2. 2048 Ventures raises $27M fund to back first-time founders and the ‘first-time founder mindset’

3. Fox Sports becomes the first big media company to put its brand on a sports betting product

4. Samsung spilled SmartThings app source code and secret keys

5. Cloud data analytics company Sumo Logic announces $110M Series G investment on valuation over $1B

6. Proptech Startup VTS Raises $90M Series D, Reaches Unicorn Status

7. Fuel Capital, co-led by gig-economy company TaskRabbit founder Leah Busque, just closed a $75 million fund

8. DispatchHealth Raises $33 Million To Bring More House Calls To Patients

9. LetsGetChecked Raises $30 Million For At-Home Lab Tests

10. ChowNow raises $21 million to help restaurants take online orders

11. HeyJobs, a ‘talent acquisition’ platform out of Berlin, raises $12M Series A

12. Pearl, the healthcare spinout from LA-based AI startup, GumGum, raises $11 million

13. Real Estate Brokerage Redfin Aims to Bring E-Commerce to Home Buying

14. Human lifespan could soon pass 100 years thanks to medical tech, says Bank of America



1. Zhangjiang to Build Shanghai Science Park to Incubate China’s First Cell Treatment

2. P2P lending in crisis as regulators seek to deleverage and de-risk the economy, with only 1,021 platforms left operating in China at the end of March

3. China mobile games revenue to surpass $25 billion by 2023, Tencent and NetEase remained the Top 2 mobile game publishers in China.

4. Alibaba-backed facial recognition startup Megvii, commonly known as Face++, raises $750 million

5. Jack Ma-backed Yunfeng selling $103m shares in China’s YTO Express

6. Luckin reportedly seeking Ele.me tie-up for deliveries amid profit pressures

7. Beibei Group’s social e-commerce paltform Beidian 贝店 completed 860 million yuan of financing

8. China’s InnoCare is said to plan a Hong Kong IPO to raise about $250m


Cross border:

1. Chinese investments in US startups peak at $3.6b in 2018, ‘uncertainty’ ahead

2. Amazon just launched a lending service called Lending Referral Program in China while shuttering its local marketplace

3. Uber ceding share to Didi in Mexican ride-hailing market 

4. Tencent Cloud eyes international expansion and aims to increase its overseas revenue fourfold this year

5. Execs at Mobike, the bike sharing startup, are raising $20M to buy out the European business by end of June


Emerging Market:

1. Job disruption in AI era may catch Asian governments by surprise, where less developed economies are at greater risk of seeing more jobs eliminated by automation: MIT

2. India’s edtech startup CollegeDekho raises $8 million to connect students with colleges

3. Indian recruitment platform Skillenza raises $1m pre-series A


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