1. China’s Huawei, reeling from U.S. sanctions, plans foray into EVs

2. Shareholders of Chinese retailer Suning plan to sell up to 25% stake

3. China’s Ant to boost capital of consumer finance unit as it rejigs micro-lending

4. Bilibili is transforming into China’s YouTube as dedicated ‘uploaders’ look beyond niche anime, comics and games

5. Edtech company Youdao 有道 doubles its revenue in 2020 in robust online market

6. Chinese GPU startup Moore Threads raises billions of yuan to take on Nvidia

7. Chinese new energy solutions provider SVOLT closes $541m Series A round

8. Tencent invests in Youye Technology, a provider of industrial internet services

9. Low-code PaaS platform ClickPaaS raised over 100 million RMB in Series B

10. Cloudam云端, a public cloud resource management and optimization service provider, raised 8-digit RMB in Series Pre-A


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1. Asia Pacific records a decline in fintech investment

2. Nigeria needs to regulate cryptocurrencies, not ban them: vice president

3. Singapore-based Raena gets $9M Series A for its pivot to skincare and beauty-focused social commerce

4. GIC to buy shares worth up to $225m in Gojek-backed Bank Jago

5. Gojek in early stages of setting carbon reduction targets

6. Sri Lanka-based healthtech firm ODoc nets $1m in pre-series A round

7. Vietnamese startup Loship pushes expansion plans with fresh Series C funding

8. India will see a 63% rise in ultra rich individuals by 2025: Knight Frank Wealth Report

9. India: Events platform Hubilo raises $23.5m led by Lightspeed, Balderton



1. India’s Reliance partners with Google, Facebook for digital payment network bid

2. ByteDance agrees to $92m settlement over privacy claims of US TikTok users

3. Australia’s customer data platform Lexer to expand into Southeast Asia following US$26.3M funding

4. Keisuke Honda-backed edutech startup Manabie secures US$3M more to bring Japan’s “high-quality” education to Vietnam

5. Nvidia, Intel back USD 65 million funding round for Israeli startup Pliops

6. India: Reliance arm raises stake in US-based transportation firm SkyTran

7. Malaysia’s Fronter Digital Ventures acquires Chile’s classifieds portal Yapo for $19.5m

8. Singapore’s GIC leads $80m funding in US crypto platform Anchorage



1. Netflix will spend $100 million to improve diversity on film following equity study

2. Facebook launches BARS, a TikTok-like app for creating and sharing raps

3. Brandwatch, a provider of online consumer intelligence, acquired by Cision for $450M

4. Aurora acquires a second lidar company in push to bring self-driving trucks to the road

5. Atlassian is acquiring Chartio to bring data visualization to the platform

6. Autonomous drone maker Skydio raises $170M led by Andreessen Horowitz

7. With $62.5M in debt financing, Road Runner Media puts digital ads behind commercial vehicles

8. Space startup Gitai raises $17.1M to help build the robotic workforce of commercial space

9. First Boulevard raises $5M for its digital bank aimed at Black America

10. Newness raises $3.5 million for its ‘Twitch for beauty streamers’


Image Credits: SCMP

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