Accelerators & Incubators
Policy & Regulation
JD.Com And Netease IPOs Lead Capital Boom in Hong Kong This Year
The Hong Kong Stock Exchange (HKEX) welcomed 64 new stocks and 59 IPOs in the first half of 2020, including those listed on its mainboard and the Growth Enterprise Market, around 20% less than the same period in 2019.
UPI Hits All-Time High with 1.34 Bn Transactions in June
The National Payments Corporation Of India (NPCI) said that the Unified Payments Interface (UPI) recorded 1.34 Bn transactions worth INR 2,61,835 Cr in June 2020.
China’s Cloud Gaming Market Expected to Quadruple in Size by 2022 Amid 5G Push, Report Says
In its 2020 Cloud Game Industry Survey Report, the Beijing-based firm said it expects the country's cloud gaming market to be worth RMB 1 billion (USD 141 million) in 2020 and at least RMB 4 billion by 2022.
India: Edtech Startups Witness Massive Jump in VC Deals in H1 2020
In the first six months of 2020, venture capital firms (VCs) have shown a clear preference for ed-tech startups with $795 million raised compared to $108 million in the year ago period.
The Top 10 Chinese Semiconductor Startups to Watch
China has prioritized the development of computing chip technology to cut reliance on foreign imports, leading to a wave of local semiconductor startups.
India Overtakes China in Fintech Funding in Jan-March Quarter
Indian fintech startups attracted VC investments of more than $330 million in the March quarter against China’s approximately $270 million.
TikTok Joins Paytm, Jio In India’s Top Digital Brands In Comscore Report
Google has emerged as the top multi-platform digital brand in India for March 2020
Rural Surge Pushes Internet Usage Mark Over 500 Mn In India: IAMAI
Out of the total internet users in the country, 433 Mn are aged more than 12.
Q1 Sees 14% Less Job Openings in China, While Demand from Livestreaming Industry Surges 84%
In the first quarter of 2020, the number of job postings in China has declined by 24% year-on-year.
Zoom Most Popular In India Among 5 Bn App Installs In Q1 2020
In the Q1 2020, short video making and sharing platform TikTok was the most downloaded application.
MOBILE GAME INDUSTRY
Revenues of Chinese mobile game providers hit record-high of USD 7 billion during Q1
Consumers worldwide spent USD 16.7 billion on gaming apps in Q1.
5G operators gear up investment with 200b budget
China's three major telecommunications companies are all betting big on 5G and gearing up for their infrastructure construction.
Smartphone sales to drop by 5%, Gartner predicts
Smartphone sales are expected to fall by 5 percent across the world compared to previous estimate.
China's central bank: the number of mobile payment services in the fourth quarter of last year increased by 73.56% year-on-year
The central bank released the overall operation of the payment system in the fourth quarter of 2019.
National Bureau of Statistics
China retail sales dive 20.5% in Jan, Feb
Retail sales of consumer goods for January and February in China dropped 20.5% reaching ¥5,213 billion compared to the same time last year.
Huawei expects China to have 50% of the world’s 5G base stations by end of 2020
China will also have more than 70% of the world’s 5G subscribers by the year’s end.
IDC: 2019 Wearable Market Report: Apple, Xiaomi, and Samsung Top Three
The total shipments of wearable devices in 2019 will reach 336.5 million units.
5G to account for 20 pct of global connections by 2025: report
Operators are expected to invest around 1.1 trillion U.S. dollars worldwide over the next five years in mobile capex, roughly 80 percent of which will be in 5G networks.
New Energy Vehicle
China’s NEV sales plunge almost 80% in February amid coronavirus impact
China’s overall auto sales are predicted to drop by 8% in 2020.
Beijing has 26,000 5G base stations serving 800,000 users
Since the end of 2019, Beijing has built an additional 9,000 5G towers and doubled the number of users.
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