CHINA:
1 Yangtze Memory, China’s top maker of memory chips plans to double output in 2021
2 Huawei ramps up chip investment in fight for survival
4 Tencent Music, Vipshop, Joyy plan HK offerings as threat of US delisting looms large
6 China’s Orchid Asia leads funding in delivery platform Fantuan, edtech startup Ivydad
7 Chinese proptech startup Blue Wall bags seed funding from Sequoia-linked ZhenFund, GGV
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MOBILE-ONLY MARKETS:
1 Indian edtech unicorn Byju’s to buy Blackstone-backed offline tutor Aakash Institute for $1b
2 B2B SaaS platform VComply raises $6m led by Counterpart Ventures, Accel
3 WestCap leads funding in Zupee, India’s mobile gaming platform
4 PlanetSpark launches hardware-targeted accelerator for Singapore startups
5 Sea Group firms up digital payments play in Indonesia with Bank BKE acquisition
6 ‘Buy now, pay later’ heats up in Singapore with Grab
7 Grab contributed to nearly half of SEA’s food delivery GMV in 2020: report
8 Singaporean digital assets exchange Zipmex rakes in $6m in new funding
9 Singapore cybersecurity firm MicroSec raises an undisclosed amount in series A funding
11 Vietnamese ride-hailer Be launches digital bank in partnership with VPBank
12 Vietnamese e-wallet MoMo raises Series D investment
CROSS-BORDER:
1 PayPal to Enter China’s Online Payment Market
2 Elon Musk’s Tesla registers subsidiary in India, names three directors
3 Mitsubishi Chemical leads charge against China’s EV battery giants
4 AMD unwraps new server chips in latest grab for Intel business
5 Toyota shut Chinese line for 2 days due to global chip shortage
OVERSEAS
1 Zoom plans $1.5 billion share sale at 10 times its IPO price
2 General Motors unveils EV van as part of new commercial business unit
3 Driven by digital, UK entertainment revenues topped $12 billion last year
4 Fintech Data company MX Banks On $300M Series C
5 Gett raises $115M for its on-demand ride-hailing platform for business users
6 Jedox raises over $100M to expand its financial modeling and analytics software to more verticals
7 Jellyfish Secures $31.5M Series B To Grow its engineering management Platform
8 Descript raises $30M to build the next generation of video and audio editing tools
9 Uplifting Results Labs Inks $8.2M Series A To Target Food As Medicine
10 Roboflow raises $2.1M for its end-to-end computer vision platform
Image Credits: South China Morning Post