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ClassPass scores $85m in Series D round led by Temasek

Planning to launch in Singapore in less than 2 weeks, ClassPass adds funds from its Series C lead investor Temasek.

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Today’s Tech Headlines: Facebook set up subsidiary in Hangzhou
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In a move to better regulate local P2P lending space, Indonesian financial services regulator OJK has reportedly called in P2P lending startups to a meeting today, and asked them to suspend operating
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Rumour | Indonesian regulator shuts down unregistered P2P startups by midnight (updated)
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The company registered a subsidiary in Hangzhou but the filing was later taken down
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All you need to know about what happened in the tech world today.
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News

ClassPass scores $85m in Series D round led by Temasek

Today’s Tech Headlines: Facebook set up subsidiary in Hangzhou

Rumour | Indonesian regulator shuts down unregistered P2P startups by midnight (updated)

Facebook sets up subsidiary listing in Hangzhou but later gets taken down

IPO | Pinduoduo looks to raise opening share price by 20%, ahead of imminent IPO

Ele.me to boost market share by splurging $440m ahead of rival Meituan’s IPO

Singapore pilots 5G network with Ericsson using drones and autonomous vehicles

Today’s Tech Headlines: China’s major telcos collaborate to form blockchain research group

China Creation Ventures raises $200m fund targeting China’s TMT space

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