NEWS
In case you missed it, Chinese tutoring sector (VIPKids+) is hit with new restrictions on for-profit operations, raising capital, fees, and hours.
WSJ New Oriental stock drops 40%. Edtech backers: GIC, Temasek, Tiger.
Softbank Vision Fund’s $11.8B bet on China's Didi falls $4B into the red. FT
DEALS
US-based babywear startup raises $510 million including China's Capital Today and CDH and led by Yuri Milner's DST Global.
Kai-Fu Lee does first Europe deal, bets on French vision tech startup Prophesee.
Sequoia Capital China leads $150M deal in AI specialist Beijing Cloudwise.
Asia Partners and Falcon Edge lead $100M series B investment in Indonesian marketplace GudangAda.
Tiger Global aces $100 million investment in Path Robotics in Columbus.