CHINA:

1 Chinese regulator weighs tighter curbs on payment, shopping platforms

2 Chinese Consumer Brands Score Huge Win Internationally During Pandemic

3 ByteDance’s Douyin ‘won’t be the last’ to be punished in China’s Big Tech crackdown, state media says

4 Bilibili and Kuaishou’s Hong Kong listings will showcase the e-commerce prowess of China’s video-sharing giants

5 Chinese parts suppliers ride Tesla-powered electric-car boom as top battery maker surpasses Bank of China, Midea, PetroChina in size

6 Ant Group to reorganise operations under financial holding company structure

7 Baidu set to announce EV venture with automaker Geely, report says

8 ByteDance’s Feishu Banned on Tencent’s WeChat

9 Tencent invests $100m to boost stake in grocery app Xingsheng Youxuan 兴盛优选 

10 Chinese express locker operator Hive Box bags $400m from Trustbridge, others

11 Chinese HR software developer WorkTrans nets $190.5m in Series C, D

12 Goldman-backed car maintenance startup Tuhu looks to raise at least $200m

13 Chinese Scientists Develop Gene-edited Sheep to Help Boost Mutton Output

 

Check out our latest podcast about “Capping off 2020 with a Big Announcement” here

Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here

Apply for the Batch 19 program here

 

MOBILE-ONLY MARKETS:

1 Philippine payments app Mynt raises $175m, nears unicorn status

2 IFC approves $41m financing to Indian dairy firm Parag Milk

3 Indian online grocery wholesaler Jumbotail raises $14.2m led by VII Ventures

4 Dental tech startup Toothsi raises $5m in Series A funding

5 Indonesia sets new share ownership rules on payments systems

6 Indonesian sharia fintech startup ALAMI finalising over $10m Series A funding round

7 Pintek closes US$21M from debt investor Accial to accelerate educational financing in Indonesia

8 Indonesia’s SiCepat Ekspres to acquire 51% in food ordering platform DigiResto

 

CROSS-BORDER:

1 MSCI and index compilers to drop China Mobile, Chinese telecoms stocks from global benchmarks

2 Chinese firms step up investments in climate-friendly power projects in Southeast Asia as costs fall, policy shifts

3 Lazada announces C-level appointments following speculation around culture clash with Alibaba

4 Gojek wrote off a $17m loan to Pathao, Bangladesh on-demand platform

 

OVERSEAS:

1 Global semiconductor shortage causes Ford and Nissan to cut vehicle production

2 Japanese MOL shipping giant partners with marine energy firm, Bombora wave power, to scope hybrid wave and wind projects

3 Australia’s Limepay and Domain jointly launch a buy now, pay later venture

4 Roku Acquires Quibi’s Content

5 Equifax will pay $640 million for Kount’s AI-driven identity and fraud prevention tools

6 Jobandtalent tops up with $108M for its ‘workforce as a service’ platform

7 Hipcamp, ‘Airbnb of the Outdoors,’ Raises $57 Million

8 Pay Equity Startup Syndio Raises $17.1 Million in Round Led by Bessemer

9 Holographic startup Envisics partners with Panasonic to fast-track in-car AR tech

Image Credits: South China Morning Post

Start typing and press Enter to search