East Asia
🇨🇳 Mainland China
- Online food delivery company Missfresh raises $495 million →
- TikTok unveils a $200 million fund for American content creators →
- Tencent eyes up full control of long-term search ally Sogou →
Hong Kong
- Hong Kong to launch a new Nasdaq-like technology index following the recent migration of Chinese tech listings to the territory →
- A draft document reveals the EU plans to limit tech exports to Hong Kong that may be used for repression or surveillance →
- South Korea’s Naver moves its data centre from Hong Kong to Singapore →
🇯🇵 Japan
- The pandemic has failed to speed up the uptake of cloud computing: only around 31% of Japanese companies use SaaS for the businesses →
- According to a Cabinet Office survey, 67.3% of companies are now telecommuting, 60% of respondents are willing to continue telecommuting, but 34.6% are experiencing loneliness →
- Mobile phone operator Docomo trials 5G-powered remote medical support for surgeons →
Southeast Asia
🇮🇩 Indonesia
- Southeast Asia’s biggest travel app Traveloka raises $250 million to help bolster its operations amid the pandemic and as domestic travel starts to pick up in the region →
🇸🇬 Singapore
- Influencer marketing platform Partipost raises $3.5 million in series A funding →
🇵🇭 Philippines
- Philippines now has 16 cryptocurrency exchanges approved by the central bank →
South Asia
🇮🇳 India
- Local language learning startup Entri raises $3.1 million to build a “Udemy for India” →
- Indian e-commerce giant Flipkart, owned by Walmart, acquires a 100% stake in Walmart India →
- Apple begins assembling the iPhone 11 in India →
- Zoom to open a tech centre in Bengaluru as part of an expansion push in the country →
- WhatsApp pilots projects to deliver credit, insurance, and pension services to users in India →
- Amazon now sells auto insurance in India →
- Netflix tests new low-cost subscription plan in India →
- Snapchat’s India user base more than doubled in Q2 →
🇵🇰 Pakistan
- Pakistan issues a “final warning” to TikTok over “immoral, obscene, and vulgar content” →
🇧🇩 Bangladesh
- Bangladesh’s regulator has ordered telecom operators and other internet providers to stop providing free access to social media, citing misuse by some people to commit crimes →