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China Venture Roundup Volume 48 covers China’s investment activity from August 2 to August 8, 2021.

The State Council’s regulations to protect certain categories of data, spanning transportation to defense, will go live on September 1.

Number of challengers to traditional lenders to be capped at seven for now.

Xiaomi does more than sell phones, but the company’s core business has taken it to great heights.

In addition to groceries, Airlift also delivers fresh produce, OTC and prescription medicines, and sports goods.

Reali will use the new funds for its planned national expansion and product advancements for its Reali Trade-In and Reali Cash Offer services.

In April this year, Amazon announced a USD 250 million venture fund to invest in Indian startups.

Hyperlocal delivery startup Dunzo competes with e-grocers BigBasket and Grofers, e-retailer Amazon, and food delivery giants Swiggy and Zomato in the soon-to-be USD 5 billion quick commerce space.

The service is available to hospital and medical center staff in Ho Chi Minh City.

SenseTime and Yitu Technology, two of China’s four loss-making “AI dragons,” have few options other than to go public to raise capital.