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East Asia
🇨🇳 Mainland China
- Xiaomi CEO pledges $1.4 billion in R&D at the company’s 10th anniversary event →
- ByteDance hedges bets with the online education market as its TikTok business takes serious hits worldwide →
- HR tool Moka closes $43 million series B round →
- Tencent buys minority stake in French games maker Voodoo →
Hong Kong
- Alibaba set to join Hong Kong’s new tech index →
- Google to reject data requests from the Hong Kong government, treating the territory the same as Mainland China →
🇯🇵 Japan
- Tech giant SoftBank says its profits rose 12% in April-June from a year earlier →
- All national universities in Japan now control exports of sensitive technology →
- Free AI service allows users to determine whether they are wearing a face covering and can politely ask them to put one of if they are not →
Southeast Asia
🇸🇬 Singapore
- The Monetary Authority of Singapore commits $182 million to develop the fintech sector →
- Singapore-based e-commerce company Anchanto raises $12 million in a new financing round →
South Asia
🇮🇳 India
- Reliance, India’s largest company by market cap, reportedly in talks to invest in TikTok in a potential bid for the social media platform to resume operations in the country →
- Microsoft in talks with TikTok’s Indian competitor ShareChat to invest $100 million →
- Local industry body Consideration of All India Traders (CAIT) seeks to bar Chinese tech companies Huawei and ZTE from participating in the deployment of the country’s 5G network →
- India’s OneCard credit card-maker FPL Technologies lands $10 million →
- Walmart-owned Indian e-commerce giant Flipkart launches its first accelerator program to mentor startups →
