CHINA:
1 China’s FDI rose in January following record 2020
2 Beijing’s new rule book raises the bar for what counts as a monopoly
3 China’s Pony.ai Makes First Batch Of Mass Produced Self-Driving Cars
4 Huawei CEO Ren Zhengfei: Huawei Will Never Sell Smartphone Business Again
5 Tencent hit with fresh anti-monopoly complaint, this time from GM China venture
8 Chinese AI chip designer Horizon Robotics raises $350m in Series C3 round
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MOBILE-ONLY MARKETS:
1 India mulls revising foreign investment rules in e-commerce to ensure greater compliance
2 Sequoia-backed education loan provider Eduvanz raises $10m debt funding
3 Flipkart’s CEO joins $5m series A round of Indian edtech startup, Newton School
4 Sequoia-backed Indian fintech firm Progcap, nets $1.4m from Stride Ventures-led round
5 India: Cure.fit acquires Fitternity in second acquisition in 2021
6 Singapore’s Mapletree Logistics Trust secures S$200m green loan from OCBC
7 Ex-Lazada CEO Pierre Poignant’s firm, Branded Group, bags $150m in fundraising
8 Singapore’s LongHash Ventures launches $15m blockchain fund
9 Grab forges partnerships to expand payments, F&B businesses in Indonesia
10 Grab’s heads of wealth management, payments business to quit
11 Philippine profit optimization startup bags an additional $1m in pre-series A round
12 Avion School, a Philippine edutech startup, secures funding
13 Indonesia’s warehouse start-up, Waresix, raises additional $1.9m Series B
CROSS-BORDER:
1 Chinese Officials Summon Tesla Over Quality and Safety Complaints
2 Tinder parent Match to buy Korean social media firm Hyperconnect for $1.73b
4 Temasek-backed Reefknot invests into US-based supply chain startup Roambee
5 Singaporean P2P lending startup Funding Societies launches in Thailand
6 Twitter takes actions on over 500 accounts in India amid government warning
OVERSEAS
1 GM extending shutdowns at three car and crossover plants due to chip shortage
2 Nissan lowers sales forecast as CEO acknowledges disruption caused by chip shortage
3 NASA picks SpaceX Falcon Heavy for $332M mission to launch lunar Gateway components in 2024
4 Shopify expands its payment option, Shop Pay, to its merchants on Facebook and Instagram
5 Aurora strikes deal with Toyota, Denso to develop, test self-driving Sienna minivans
6 Hyundai shrinks its ‘walking car’ robot to carry cargo, get rides from drones
7 Disrupting Latam’s Grocery Market: Online Retailer Jüsto Bags $65M Series A
8 ‘Headless’ e-commerce platform Fabric raises $43M
9 Mighty Buildings Lands $40M Series B To Build Homes With 3D Printing
10 LyteLoop raises $40 million to launch satellites that use light to store data
11 South Korea-based autonomous driving security provider Autocrypt raises $13m Series A
12 New York’s David Energy has raised $4.1 million to ‘build the Standard Oil of renewable energy’
13 Hoxton Farms raises £2.7M seed to produce animal fat without animals
14 Scope Lands $2.25M Seed To Tech-Enable SMBs
15 Study platform Chegg expects to reach 1 million international subscribers in 2021
16 C-zero startup using a new tech to make hydrogen extracts cash from Bill Gates’ climate tech fund
Image Credits: China Money Network