facebook linkedin twitter telegram youtube

Hello China Digest readers! There's good news for all the fans of Chinese sci-fi out there, as Netflix announced plans to adapt China's most famous work of contemporary science fiction, The Three-Body Problem, but the decision came not without controversy. On the other hand, for soccer fans living in China, news is invariably bad, with the English Premier League cancelling a rights deal with local broadcaster PPTV. With all this turmoil, it's good to know that consumer brands are doing well, at least from the perspective of VCs—as we highlighted in the second release of a two-part series. Bob McCooey, Nasdaq's head of global capital markets and Asia Pacific, also told KrASIA in an exclusive interview why he believes Chinese companies will keep listing in the US. That, and much more, in this week's China Digest .   
— By   Daniel Boltinsky 


Netflix decision to adapt Chinese novel 'The Three-Body Problem' garners controversy

While the book drew interest from several studios and production companies in China, attempts to turn it into a domestic blockbuster have failed.

As Chinese brands go global, regulations at home and abroad may impede their operations.


The broadcaster, owned by mega-conglomerate Suning, did not release payments worth over USD 212 million due for March.

The social media platform had half a billion users in its heyday before WeChat took all the attention of its parent company.

The move is Meituan’s second foray into China’s RMB 5 trillion (USD 733 billion) fresh food retailing industry.


McCooey, Nasdaq's head of global capital markets and Asia Pacific, discussed the current IPO trends in China as well as the potential of Southeast Asian unicorns.

Within a few short years, consumer brand unicorns with high valuations have emerged amidst shifting market dynamics in China.
The firm just received USD 20 million investment in a Series A round led by Source Code Capital.


Alibaba wants to serve 2 billion consumers globally by 2036
The e-commerce giant is hitting its growth glass ceiling in domestic market.
China's Tinder, Momo, reports unsatisfying Q2 earnings
And the lackluster earnings results have brought down Momo’s share price.

Video Exclusive   |   5 mins watch


Upcoming Events
17 September 2020

VMTV #7: Huang Shao Ning, partner and chief angel at AngelCentral, shares the ins and outs of angel investment

KrASIA’s Venture Matters TV is excited to host Huang Shao Ning, Partner and Chief Angel at AngelCentral on 17 September, 7 to 8pm SGT!
An alumnus of Harvard Business School and the University of Michigan, Shao Ning is passionate about the power of startups to drive social change and contribute to the economy. In 2016, Shao Ning and her Partners set up AngelCentral, an angel investment network. Their mission: To empower angel investors in Singapore and Southeast Asia. Since 2009, Shao Ning and her husband Lim Der Shing, also a Partner at AngelCentral, have invested in more than 35 startups. Aside from her deep portfolio, she is also an active mentor in the industry, a wife, and mother to four boys.

Register here
September to October 2020

Singapore x Asia Innovation Partnership Forum 2020

KrASIA and EDB is proud to present: Singapore x Asia Innovation Partnership Forum 2020: Opportunities and Challenges of Southeast Asia's New Economy. This virtual event aims to facilitate robust discussions on SEA's tech and innovation ecosystems, uncovering the opportunities for companies to grow and scale globally, and how cross-border partnerships play a role for such growth.
There are 3 industry focuses: Smart City (September 3), FinTech (September 23) and Deep Tech (October 22); all session run from 2:00pm - 4:40pm SGT. We're excited to have guests speakers from Alibaba, Grab Financial, CapitaLand, Visenze, Sea Group, Wavemaker Partners, Quest Ventures, Qiming Capital and more!
For more information, check out our official site here!

Register here
Introducing KrASIA's New Community

KrASIA is excited to announce its new membership platform, built for individual community members to contribute content and attend events. The enterprise member track for startups will be launching soon, stay tuned for more info! 

Join our community

That’s it for this week, thanks for following us!
Did you enjoy this week's content? Share it!

facebook twitter linkedin youtube website

Want to change how you receive these emails? You can update your preferences or

unsubscribe from this list