CHINA:
1. EV-maker Li Auto generates strong profits as deliveries surge
2. Bilibili reports revenue increase of 91% in Q4, but widens loss
3. China’s nascent CPU developer Moore Thread enters unicorn club 100 days after inception
4. Chinese Self-Driving Truck Firm TuSimple Intensifies Testing In Sweden With Partner Scania
5. Fintech company 况客科技 Qutke.com raised 50 million RMB in Series C
6. Beauty brand Simpcare 溪木源 snags six rounds of financing in 18 months
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MOBILE-ONLY MARKETS:
1. Car-sharing startup GetGo launches in Singapore with roll out of 400 cars
2. Singapore’s social commerce startup Raena bags $9m in Series A round
3. Pixibo raises US$1.4M to help fashion e-tailers reduce product return rates
4. Stori raises $32.5M in a Lightspeed-led Series B to build Mexico’s credit card for the masses
5. Infra.Market becomes India’s newest unicorn with $100 million fundraise
6. Indian edtech startup Doubtnut raises $31m led by SIG, Lupa Systems
7. Indian battery-swapping startup Battery Smart raises seed funding in Orios-led round
10. Indonesia’s student loan platform Danacita secures $5m in Series A round
CROSS-BORDER:
1. ByteDance agrees to $92 million privacy settlement with U.S. TikTok users
2. Brazil regulator approves 5G spectrum auction rules, no Huawei ban
3. China’s Xiaomi adds manufacturing muscle in India to boost phone production
4. SoftBank-backed ride-hailer Didi Chuxing to expand into Europe
5. India’s social media company ShareChat eyes a USD 200 million round from Tencent
6. Tim Hortons marks two years in China with Tencent investment
7. SoftBank-backed sports retailer Fanatics enters China via JV with Hillhouse Capital
8. Traveloka plans to launch fintech services in Thailand and Vietnam
OVERSEAS
1. Sequoia Capital’s Jess Lee On Working With Young Startups As Firm Raises New $195M Seed Fund
2. Clearbanc Fills ClearAngel Fund With $100M To Fuel Companies That May Never Get Venture Capital
3. Airbnb reports $3.89 billion loss in first quarterly report since IPO but beats revenue expectations
4. Netflix to spend $500 million in South Korea this year to develop new content
5. Affirm to launch buy now, pay later debit card
6. Fintech firm Klarna is raising $1 billion at a $31 billion valuation, sources say
7. Spain’s Wallapop raises $191M for secondhand marketplace
8. Employee coaching firm BetterUp valuation hits $1.73 billion in latest fund raise
9. Newsela, the replacement for textbooks, raises $100M and becomes a unicorn
10. Terminus raises $90M to grow its B2B marketing platform, now valued at around $400M
11. Note-taking app Otter.ai raises $50M
12. German EV maker e.GO Mobile raises over €30M
13. Connected pet collar company Fi raises a $30M Series B
14. Armorblox Raises $30M To Secure Email And Beyond
15. Customer data platform Lexer raises $25.5M Series B for global expansion
16. Celebrity video platform memmo raises $10M
17. DataJoy raises $6M seed to help SaaS companies track key business metrics
18. Home furnishing platform The Landing reintroduces #CreatingSpace after $2.5M Seed
19. Future Fields Lands $2.2M Seed, Ships First Cellular Meat Product
Image Credits: Reuters