CHINA:
1. Ride-hailing services accounts for a third of China’s taxi traffic
2. Xiaomi reportedly plotting electric car play
3. Geely to Set Up New Electric Vehicle Sales Unit: Report
5. Didi’s biking-sharing unit Qingju 青桔 raises USD 600 million in Series B
6. China’s Black Lake raises $77M to give factories a digital upgrade
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MOBILE-ONLY MARKETS:
1. Dole Asia launches US$2M fund to support startups in sustainability, food access and waste
2. India: CarDekho seeks to raise funds to expand its used car retail biz
3. Indian edtech startup Leverage Edu banks $6.5m in series A round
4. Indian social media firm ChekMarc that aims to tackle negativity nets $3m in seed round
5. High-speed internet connectivity firm Transcelestial bags $2m in funding
6. Indonesian wealth management platform FUNDtastic raises $ 7.7m in Series A round
CROSS-BORDER:
1. TikTok tests a new e-commerce experience in Indonesia
OVERSEAS
1. 10 investors predict MaaS, on-demand delivery and EVs will dominate mobility’s post-pandemic future
2. Google fires second AI ethics leader as dispute over research, diversity grows
3. TransferWise rebrands as Wise ahead of an expected IPO
4. Restaurant-software provider Toast prepares for IPO
5. Miami edtech startup Nearpod acquired by Renaissance
6. SailPoint is buying SaaS management startup Intello
7. Podcast advertising company Acast acquires podcasting startup RadioPublic
8. Insurtech upstart Circulo launches with $50M
9. Open podcast platform Podimo raises $13.6M
10. Wirewatt’s $4M Funding Lights Up Solar Project Financing Platform
Image Credits: GeekPark