Maxis Adds E-Commerce Solution for SMEs, Airbnb to IPO by late 2020

Meituan, the Tencent-backed ‘one-stop super app,’ files for IPO in Hong Kong

Maxis Adds E-Commerce Solution for SMEs, Airbnb to IPO by late 2020 | BEAMSTART News

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Southeast Asia

  • Malaysia’s Common Ground, co-working space operator, closed a $20M Series A round. 
  • Maxis expands enterprise offerings with end-to-end e-commerce solution
  • Singapore sovereign fund Temasek takes stake in tech events firm Unbound


  • Amazon’s new warehouse policy will penalize sellers for storing products too long.
  • Airbnb to launch IPO before the end of 2020.
  • Lyft raises $600M in funding round at $15.1B valuation led by Fidelity Management & Research Company.
  • India-based Policybazaar raises over $200M in round led by SoftBank Group’s Vision Fund; achieves unicorn status.
  • Wifi Alliance introduces next WPA security generation.


  • Meituan, the Tencent-backed ‘one-stop super app,’ files for IPO in Hong Kong
  • Toutiao 头条 reportedly planning to launch new live gamecasting service.
  • Douyin has over 100M international monthly users as well as 300M domestic monthly users.
  • Number of WeChat mini-programs reaches 1M with 280M C-end users.
  • Baidu and Ford China reach strategic cooperation intention to explore deep cooperation in various fields.
  • Maternity healthcare app MomKnows obtains RMB 150M Series C led by Shenzhen Share Capital Partners.
  • Sequoia Capital completes $6B in capital commitments for an $8B global fund.
  • Voice recognition firm AISpeech 思必驰 completes RMB 500M Series D led by Oriza Holdings and China Minsheng Investment.
  • Google partners with to crack China through hardware. 


  • Telstra, Australian accelerator, is discontinuing muru-D, its program in Singapore.


  • Chat app LINE to launch crypto exchange in July but it won’t cover US or Japan
  • Walmart, Nestle, Unilever and 10 more companies work with IBM on the blockchain projects for food supply chain.

Emerging Market

  • Cashify, India-based second-hand mobile devices seller, raises $12M in Series C to launch website. 

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