CHINA:
1 China doubles new renewable capacity in 2020 and raises thermal plants base to five-year high
2 Chinese VCs Place Bet On Quantum Technology Startups
4 Huawei moves into smart vehicles as US sanctions stymie 5G and semiconductor ambitions
5 Chinese on-demand delivery firm Lalamove nears $1.5b Series F round
6 Geely Obtains FAA Certificate For Flying Cars
7 Evergrande raises US$3.35 billion in plan to dominate Tesla, NIO and other home rivals
8 Chinese AI Unicorn 4Paradigm Raises $700 Million Mega Pre-IPO Round
9 Chinese surgical robot developer Edge closes nearly $92.6m Series B round
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MOBILE-ONLY MARKETS:
1 Singapore IMDA pledges $22m for 5G support
2 CapBay bags US$20M Series A to scale its multi-bank supply chain finance, P2P financing platform
3 Indonesia seeks to ease foreign investment rules on startups
4 COVID-battered Traveloka may still be the best-poised Indonesian unicorn for IPO flight
6 Warung Pintar launches online platform for mom-and-pop stores to directly order from distributors
CROSS-BORDER:
1 Chinese E-cigarette Company RELX Debuts on NYSE, Market Value Reaches $45.8B
2 Taiwan’s GlobalWafers raises takeover bid for Germany’s Siltronic to $5.1b
3 SoftBank’s planned sale of chip maker Arm to NVIDIA is hitting antitrust walls globally
5 Indian stock exchanges approve $3.4B Reliance and Future deal in setback for Amazon
7 Podcast Network Asia raises US$750K to expand to Thailand, Indonesia, Malaysia
8 Zomato acquires sports platform Fitso in a deal worth up to $13.7m
OVERSEAS
1 SpaceX launches a ‘rideshare’ mission carrying 143 spacecraft, a record for a single launch
2 Uber, After Buying Postmates, Lays Off More Than 180 Employees
3 Qualcomm’s chip market share plunges in China after Huawei sanctions
4 Intel’s new CEO says troubled chip project is recovering, may still outsource some manufacturing
5 Elon Musk is donating a $100 million prize for carbon capture technology
6 Wingcopter raises $22 million to expand to the U.S. and launch a next-generation drone
7 Tesla engineering director Joseph Mardall leaves for drone start-up Zipline
8 JustKitchen is using cloud kitchens to create the next generation of restaurant franchising
9 Instacart to eliminate about 2,000 jobs and GitHub head of HR resigns
Image Credits: South China Morning Post