1. China’s fintech platforms face increased scrutiny amid broader regulatory efforts to rein in financial risks

2. Baidu picks CLSA, Goldman for a Hong Kong secondary listing that may raise at least US$3.5 billion

3. Baidu Releases World’s First Robotaxi Technical Standard for Commercial Operations

4. Luckin Coffee execs reportedly push for CEO Guo Jinyi’s ouster

5. Zuoyebang scores USD 1.6 billion to keep expanding

6. China’s ‘Nvidia rival’ Horizon Robotics raises fresh money US$400M

7. China’s data intelligence platform TalkingData nets $100m funding led by CR Data Fund

8. Beijing-based brain science startup Neural Galaxy raises $15.5m


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1. Conglomerate Malaysian United Industries (MUI) to step up focus on startup investments

2. India witnesses a string of startups joining unicorn club, including Pine Labs, Nykaa, Unacademy, Razorpay and Postman

3. Singapore emerges as foodtech hub, thanks to state support

4. Grab Financial said to have raised over $300m led by Hanwha Asset Management

5. Shopee’s rise in Vietnam forces Lazada to shift gears in battle for ASEAN e-commerce

6. Lazada appoints acting CEO in Malaysia, first female country head in Thailand

7. Vietnam attracts global investment in tech-driven businesses



1. ADB invests $75m in OrbiMed’s fourth Asia-focused healthcare PE fund

2. Asia-focused tech SPAC Poema Global announces US$300M IPO in US

3. Singapore’s Beenext leads $4m series A round in Indian digital payments firm Phi Commerce

4. Chinese-owned mobile gaming company Playtika aims for $10b valuation in US listing amid gaming boom



1. SoftBank sets eye on airborne telecom base stations

2. Hyundai Motor says it’s in early talks with Apple to develop a self-driving car

3. Samsung says profit likely rose 26% from a year ago in the fourth quarter

4. Fintech start-up SoFi to go public via SPAC backed by Chamath Palihapitiya

5. Epic acquires Rad Game Tools, veteran of many gaming generations

6. MadeiraMadeira, Brazil’s answer to Wayfair and Ikea, is now worth over $1 billion

7. Lacework Raises $525M To Secure The Cloud

8. F5 snags Volterra multi-cloud management startup for $500M

9. RedHat is acquiring container security company StackRox

10. Virtual events platform Hopin buys StreamYard for $250 million

11. Quantum Metric raises $200 million to help enterprises build digital products faster

12. WeLink raises $185M to deliver high-bandwidth wireless internet to the home using 5G

13. Banking software start-up Mambu raises $135 million at a $2.1 billion valuation

14. Glia raises $78M for its integrated, hands-on, AI-based customer service platform

15. Air Protein bites into $32M to launch alternative meat

16. Too Good To Go raises $31 million to fight food waste

17. OKR-focused Gtmhub raises $30M Series B after growing 3x in 2020

18. Pennylane raises $18.4 million for its accounting service

19. Text marketing startup Voxie raises $6.7M

20. Kanarys raises $3 million for its data-driven platform to assess diversity and inclusion efforts


Image Credits: Pandaily

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