Highlights: Kuaishou officially files its IPO prospectus, Airbnb to make IPO filing public next week and more news.

November 6: Latest business and tech news around the world.


Carl Adrian

6 Nov, 2020

Highlights: Kuaishou officially files its IPO prospectus, Airbnb to make IPO filing public next week and more news. | BEAMSTART News

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Tech business news digest: Highlights on tech business news around the world on 06 November 2020.


CHINA:

1. Mainland developer Jinke Property’s services arm seeks up to US$816 million in Hong Kong IPO

2. Kuaishou Officially Files its IPO Prospectus in HKEX as ByteDance Seeks Pre-IPO Round of Financing

3. JD Health Seeks $3B HK IPO

4. Ant Group to refund $2.8 trillion in Shanghai IPO bids

5. Chinese AI Firm Yitu Tech Files A-Share IPO Prospectus

6. Former OPPO Executive Joins NIO Chip Team

7. Communication Cloud Service Provider Ronglian Raises $125 Million

8. Chinese hotel marketing firm that leverages WeChat, Beijing Zhiketong Technology, bags $50m in series D round


MOBILE-ONLY MARKETS:

1. Ambani’s Reliance Retail raises $1.3 billion from PIF

2. Inside fintech startup Upstart’s IPO filing

3. Indian food delivery unicorn Zomato to hire bankers, appoints legal advisors for IPO

4. Walmart-owned Flipkart buys stake in offline retailer USPL to grow its fashion category

5. Ola in talks to set up largest EV plant in India amidst the country’s EV push

6. Online grocery startup Gully Network raises fresh funds from Venture Catalysts

7. Edtech startup Stones2Milestones raises $2.5m for its English learning app Freadom

8. Indian e-bicycle firm AlphaVector launches its first e-bike Meraki

9. Tech execs’ angel network, Altair invest $3m in Singaporean business services startup

10. Singapore-based digital business assistant Osome raises $3 million


CROSS-BORDER:

1. Xiaomi Aims to Top European Smartphone Market

2. WhatsApp gets approval to launch payments feature in India


OVERSEAS:

1. Uber reports 18% revenue decline but says ride-hailing business is picking back up

2. Airbnb to make IPO filing public next week despite COVID-19 surge

3. Amazon launches its first Amazon Air regional hub in Europe

4. DOJ seeks to block Visa’s $5.3 billion acquisition of start-up Plaid over antitrust concerns

5. U.S. seizes over $1 billion in bitcoin tied to ‘Silk Road’

6. Fortnite to return to Apple devices via Nvidia cloud gaming service

7. Bentley’s luxury car range to be fully electric by 2030

8. Delivery startup goPuff acquires BevMo for $350M

9. Vimeo raises $150M, while IAC is ‘contemplating’ a spin-off

10. Ayar raises $35M for optical interconnect tech to overcome computing bottlenecks in the CPU

11. Ushur raises $25M for its no-code platform to build customer communication flows

12. German fintech startup Vivid Money has raised a €15 million Series A

13. Koa Health, a digital mental health care provider based in the Netherlands, raised €14.1 million in new funding

14. Mobile testing platform Kobiton raises $14M, acquires competitor Mobile Labs

15. U.K.-based 6-month-old fintech startup Snoop has landed £10 million in funding

16. Osome Banks On $3M For Accounting ‘Super App’

17. Juggle secures $2.1M to expand its ‘flexible work’ SaaS marketplace for senior execs


This digest is contributed by Chinaccelerator.

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