CHINA:
1. China made 6% of chips it used in 2020: report
2. Baidu records $4.6b revenue in Q4 boosted by cloud, AI platforms
3. Baidu-Geely EV company picks Mobike co-founder Xia Yiping as CEO
4. Chinese flying taxi firm EHang struggles to repel short attack from Wolfpack Research
5. Chinese online grocery app Dingdong Maicai 叮咚买菜 mulls US IPO
6. Chinese insurtech platform Waterdrop eyes US listing
7. Greengrocer Xingsheng Youxuan 兴盛优选 to bag USD 3 billion from Sequoia, Tencent, others
8. Guotai Junan leads $200m funding in Sequoia-backed truck startup PlusAI
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MOBILE-ONLY MARKETS:
1. India: Freshworks, Eka founders to launch $80m early-stage fund
2. Reliance close to acquiring Milkbasket
3. Byju’s acquires doubt-solving edtech startup Scholr
4. Indian logistics aggregator Shiprocket raises USD 27 million to expand overseas
5. Leverage Edu raises $6.5 million to help Indian students land in top colleges abroad
6. Indian EV logistics platform eBikeGo raises $1.5m pre-series A funding
7. Indian mobility startup Vogo snags funding from Kalaari, Matrix, others
CROSS-BORDER:
1. Grab receives funding from South Korean retailer Shinsegae Group’s VC arm
2. AirAsia to launch its food delivery service in Singapore
3. Shopee expands logistics services in Malaysia to offer next-day delivery
4. Indonesia’s regulator confirms acquisition of Bank BKE by Sea Group
5. Audi doubles down on electric vehicles in China
7. Carlyle invests $200m in South Korea’s Kakao Mobility at $3.1b valuation
OVERSEAS
1. Biden to order review of U.S. reliance on overseas supply chains for semiconductors, rare earths
2. Canada vows to be next country to go after Facebook to pay for news
3. Nvidia announces new chips designed for mining Ethereum as the cryptocurrency hits record highs
4. Auto supplier Visteon sees more plant closures due to chip shortage
5. Uber faces UK Supreme Court ruling on worker rights in gig economy test
6. Bosch, Microsoft join forces to develop vehicle software platform
7. Orange open to partnerships in mobile infrastructure
8. TikTok strikes deal with UFC to live-stream content
9. Social audio app Clubhouse has topped 8 million global downloads
10. Sentry raises $60M to monitor apps
11. Eden Health Raises $60M Series C To Form Trusted Relationships Between Patients, Providers
12. Math learning app Photomath raises $23 million as it reaches 220 million downloads
13. Wholesale marketplace Abound raises $22.9M
14. Proptech startup Knock secures $20M to grow SaaS platform for property managers
15. Census raises $16M Series A to help companies put their data warehouses to work
16. Grip raises $13M for virtual networking
17. Torii announces $10M Series A to automate SaaS management
18. Health tech company Rx Redefined closed on a $2 million seed round of funding
Image Credits: Bloomberg