East Asia
🇨🇳 Mainland China
- Many VCs signal investment direction from 2C to 2B
- A popular video portraying the dreams and aspirations of millennials published on Youth Day on Bilibili, a video platform, leads to the company’s stock rising by 4%
Hong Kong
- Chinese e-commerce giant JD.com applies for $3 billion secondary listing in Hong Kong
- Fintech startup Oriente raises $50 million
🇯🇵 Japan
- Many schools extend their closure leading to continued concerns from parents and educators of academic disparities across the country
- Comic Market 98, an anime conference, to go ahead online as “Air Comiket”
- A funeral home in Higashihiroshima city begins offerings YouTube-livestreamed funerals
- Sumida Aquarium opens livestreaming to spotted garden eels after keepers find they had become increasingly wary of humans due to absence of visitors at the aquarium
🇰🇷 South Korea
Southeast Asia
🇮🇩 Indonesia
- B2B e-marketplace Gudang Ada raises $25.4 million in a funding round led by Sequoia and Alpha JWC Ventures
- Insurance startup Qoala receives $13.6 million in investments
🇸🇬 Singapore
- E-commerce logistics company Ninja Van raises $279 million in new funding
- Fintech company Helicap raises $10 million in an investment round
- Hooq, a service that aimed to become the “Netflix for Southeast Asia”, shuts down after filing for liquidation
South Asia
🇮🇳 India
