CHINA:
1. WeChat overtakes Ferrari to become the world’s strongest brand
2. Didi reports 60 million daily trips globally for 2020
3. Computer vision unicorn SenseTime closes pre-IPO round
4. Hong Kong retail investors amass $50b in loans for IPO of Kuaishou Technology
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MOBILE-ONLY MARKETS:
CROSS-BORDER:
.1 From No. 1 to No. 6, Huawei smartphone shipments plunge 41% as U.S. sanctions bite
2. Microsoft’s VC arm leads $9m round in US, Malaysia-based motion graphics firm LottieFiles
OVERSEAS
1. SoftBank earmarks $100 million for Miami-based startups
2. U.S. Justice Department probes SpaceX after hiring discrimination complaint
3. SpaceX valuation to hit at least $60 billion in new funding round
4. Coinbase plans to go public through a direct listing, following Spotify, Slack and Palantir
5. Azure cloud will pass Office to become Microsoft’s biggest business next year, says analyst
6. Mental Health Benefits Provider Lyra Health Boosts Valuation to $2.3B With Latest Raise
7. Nubank, the Brazil-based upstart online bank, has reportedly raised $400 million in Series G
8. Cloud data protection platform OwnBackup closed a $167.5 million Series D
9. Scalapay Banks $48M Seed For Buy Now, Pay Later Tool
10. Digital Signage Startup Raydiant Raises $13M Series A From Investors Including Mark Wahlberg
11. SamCart Rolls In With $10M Series A To Provide E-Commerce Platform For D2C Brands
12. CybSafe raises $7.9M Series A led by IQ Capital for its ‘behavioral’ cybersecurity platform
13. Gowalla raises $4 million from GV and Spark for its AR social app
Image Credits: Nikkei Asia