Bloomberg:
Fast delivery apps like Blinkit, Zepto, and Swiggy are expanding into India's Tier 2 and Tier 3 cities, driven by rising incomes and cheap smartphones and data  —  Cheap data, new logistics and mobile-first platforms are expanding consumption far beyond India's urban elite.

Hyunjoo Jin / Reuters:
Sources: the US has granted an annual license to Samsung and SK Hynix to ship their chip manufacturing equipment to their facilities in China for 2026  —  The U.S. government has granted an annual licence to Samsung Electronics (005930.KS) and SK Hynix (000660.KS) to bring in chip manufacturing equipment …

Wall Street Journal:
Sources: Meta is buying Manus for $2B+; Manus was raising at a $2B valuation when Meta approached it; Manus CEO Xiao Hong will report to Meta COO Javier Olivan  —  The deal for more than $2 billion is one of the first in which a major U.S. tech company has bought a startup with Chinese roots

Nikkei Asia:
Meta says Manus, initially based in Beijing and Wuhan, will cut Chinese investor ties after the deal and “will discontinue its services and operations in China”  —  PALO ALTO, California/HONG KONG — Meta says it will acquire AI startup Manus and that the Singapore-based company …

Nikkei Asia:
Shenzhen-based OneRobotics opened flat in its Hong Kong debut after the Chinese home robotics maker raised $210M by selling 22M+ shares at about $9.50 each  —  HONG KONG — Shares of OneRobotics opened flat on Tuesday in their trading debut after the Chinese household robotics maker raised …