CHINA:

1. Hong Kong healthtech investor Ori Capital hits first close on targeted $400m fund

2. Apple iPhone maker Foxconn teams up with Chinese automaker Geely to make cars for other companies

3. Chinese PC maker Lenovo soars 9.6% after saying it will list shares on Shanghai’s Nasdaq-style board

4. Chinese facial recognition unicorn Megvii prepares China IPO

5. Chinese Private Rocket Firm i-Space To IPO

6. Sequoia-backed Chinese cloud tech firm Yuntongxun weighs $500m IPO

7. Digital Earth PaaS Firm TerraQuanta Raises Funds From Shunwei Capital

8. Chinese Auto-Driving Company WeRide Raises $310M in Series B Financing Deal Led by Yutong Group

 

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MOBILE-ONLY MARKETS:

1. PayTM says could turn profitable in 2021

2. Indian edtech major Byju’s to acquire offline tutoring center Aakash

3. India: cryptocurrency investment platform CoinSwitch Kuber raises $15m Series A led by Ribbit, Paradigm

4. Ex-WhatsApp, Google execs join $7m round for Indian public transport startup Chalo

5. InnoVen Capital invests $6.8m in Indian B2B construction marketplace Infra Market

6. India-based vehicle service startup ReadyAssist nets $1m in seed round

7. Grab’s fintech arm GFG raises US$300M Series A with an aim to ‘close the financial inclusion gap’ in SEA

8. Sea Group acquires Indonesia’s Bank BKE to ramp up digital payments plan

9. Momo secures Series D to become Vietnam’s next super-app; plans to launch new startup fund

10. Be Group ties up with VPBank to launch digital bank Cake in Vietnam

 

CROSS-BORDER:

1. Trump administration shelves planned investment ban on Alibaba, Tencent, Baidu

2. Amazon takes on Netflix in India with cheaper mobile-only Prime Video plan

3. Amazon India launches online academy to coach future engineers

4. Tiger Global, others buy $50m shares in Indian edtech unicorn Unacademy

5. Tesla incorporates its unit in India, filing shows

6. Tencent leads $85m round in Germany’s digital insurance broker Clark

7. GIC backs $450m Series C funding in European payments firm Checkout.com

 

OVERSEAS

1. Shopify just made a $2 billion windfall on Affirm IPO, six months after their partnership

2. Dropbox to cut 11% of its global workforce

3. Qualcomm eyes challenge to Apple, Intel with $1.4 billion deal for chip startup

4. Intel’s self-driving car unit plans to step up use of its own radar tech by 2025

5. Walmart creates fintech startup

6. Delivery Hero launches USD 60 million fund for early-stage startups

7. SoftBank-backed online car dealer Auto1 to go public in first quarter, plans to raise $1.2 billion

8. Business trip platform TravelPerk buys YC-backed rival NexTravel

9. Payments start-up Rapyd doubles valuation to $2.5 billion as Covid turbocharges growth

10. Signal and Telegram downloads surge after WhatsApp says it will share data with Facebook

11. Digital lender Blend brings in $300M for lending

12. Webflow, which allows users to build and design websites without coding, raises $140M, hits $2.1B Valuation

13. Iziwork raises $43 million for its temporary work platform

14. Vdoo raises $25M more to develop its AI-based security for IoT and connected devices

15. Tokyo-based SODA, which runs Japan’s largest sneaker resell platform, lands $22 million led by SoftBank Ventures Asia

16. UK on-demand supermarket Weezy raises $20M Series A led by NYC’s Left Lane Capital

17. Stacklet raises $18M for its cloud governance platform

18. Foodtech company CookUnity serves up $15.5M for meal subscription

19. E-commerce optimization startup Tradeswell raises $15.5M

20. Rho Raises $15M Series A For Commercial Banking Platform

21. Gainful Powers New Hydration Drink Line With $7.5M Series A

22. LEX Lands $6M For Real Estate Securities From Investors Including Ric Clark And DeAndre Hopkins

 

Image Credits: CNBC

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