Overseas:

  1. Celonis, a process mining software company, has raised $50M Series B at $1B valuation led by Accel and 83North.
  2. Facebook announces end to its massive drone program.
  3. American Express has a deal with Amazon for card aimed at small businesses.
  4. Facebook eases ban on cryptocurrency related ads. 
  5. Wifi Alliance introduces next WPA security generation. 
  6. UpHonest Capital, early-stage venture capital firm, completes round fundraising with total capital management of more than $100M. 
  7. Winnie, parenting information platform, wins $4M led by Reach Capital and Rethink.

China:

  1. Voice recognition firm AISpeech 思必驰 completes RMB 500M Series D led by Oriza Holdings and China Minsheng Investment.
  2. JD.com invests RMB 100M in PaaS Provider BoCloud in Series B+.
  3. Bytedance Technology, runs news platform Today’s Headlines, launches AR effects platform “Byted Effect.”
  4. In the first half of the year, the number of IPOs in Hong Kong topped the world, expected to reach HKD 200B. 
  5. 有家民宿 awarded strategic investment of tens of millions of USD by Ctrip, Tujia and 58 industry funds. 
  6. Sequoia Capital completes $6B in capital commitments for an $8B global fund. 
  7. EasyGo, unmanned convenience store, raises HKD 120M led by Sizhou Group.  

Cross-border:

  1. Google partners with JD.com to crack China through hardware. 
  2. Uber back on the road in London, but only for 15 months.
  3. Indonesia’s Lippo Group invests $44M in Tencent.

Blockchain:

  1. AlipayHK and GCash partner to pioneer blockchain cross-border remittances for Filipino domestic workers.

Mobile:

  1. Instagram gets group video chat features.

Southeast Asia:

  1. GrabPay, Grab’s mobile wallet, officially launches in Malaysia.
  2. AsiaKredit, Singapore-based fintech startup, secures $2.5M funding round led by SIG Asia Investments.

Start typing and press Enter to search