Overseas:
1. Amazon confirms acquisition of Sizmek’s ad serving and dynamic content optimization businesses
2. SpaceX valuation rises to $33.3 billion as investors look to satellite opportunity
3. Groupon co-founder Eric Lefkofsky just raised another $200 million for his newest company, Tempus
4. Foursquare buys Placed from Snap Inc. on the heels of $150M in new funding
5. Superhot VR’s sales on Oculus Quest are 300% higher than its 2016 Rift launch
China:
1. China Telecom to Spend USD2.6 Billion on Shanghai 5G and Fiber Network
3. Didi 滴滴 invested in software service provider Mai Chong Xing 脉冲星
4. Plastic surgery app So-Young 新氧 posts strong Q1 earnings, rising costs
6. Chinese robot developer Robosen raises $14.5m in Series A funding
Cross-border:
2. Xiaomi brings smart and affordable consumer technology to Chile with its first physical store
Emerging Market:
3. GOJEK backer Openspace Ventures to launch $500m growth fund by year-end
4. India’s Paytm to acquire local insurance marketplace Coverfox for around US$100m-$120m, sources say
6. Indonesian fintech startup Bareksa targets to close Series B by July
7. Tech-focused TV channel TechStorm closes pre-series A round
Image credit: China Daily