1. China Telecom looks to raise up to US$8.4 billion in Shanghai to fund 5G network expansion, innovative projects

2. China chipmaker SMIC to invest in $2.35 billion facilities in Shenzhen

3. Pinduoduo founder Colin Huang steps down as chairman

4. Pinduoduo steals Alibaba’s crown with 788M annual active users

5. Chinese streaming company Bilibili to raise around $3 billion in Hong Kong listing

6. Chinese tech giant Baidu to raise $3.1 billion in Hong Kong listing

7. Company behind Chinese dating app Soul said to confidentially file for US IPO

8. Tencent-backed Chinese software firm Tuya eyes $915m in US IPO

9. China’s hotpot & BBQ ingredient supplier Guoquan Shihui nets $300m

10. Luckin Coffee to restructure debt, raise USD 250 million in equity financing

11. Lenovo’s parent invests $237 million in Chinese chipmaker Fullhan

12. Hillhouse-backed cybersecurity firm ThreatBook secures $77m funding


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1. India-focused VC funds raised $3b last year, up 40% from 2019

2. Nazara Technologies becomes India’s first gaming company to list on stock exchange

3. SoftBank-backed Indian insurance platform Policybazaar raises $75 million

4. Eight Roads Ventures leads a USD 12 million round in India’s D2C brand OZiva

5. Fintech firm Modifi secures $60m debt facility from Silicon Valley Bank

6. India: Solar analytics startup Prescinto raises $3.5m in seed funding

7. ComfortDelGro to invest $37m in clean energy tech over next 5 years

8. AirAsia lands $82m from TPG Capital execs, Aimia, others

9. NUS, Johnson Controls invest $3.7m for smart buildings research in Singapore

10. Andalin raises Series A funding to connect Indonesia’s MSMEs with freight forwarders online



1. FCC moves against two Chinese telecoms firms operating in U.S.

2. China’s iQIYI to develop regional stars for Southeast Asia push

3. TikTok considers introducing group chat feature this year

4. Tencent-backed Chinese trading app Futu chooses Singapore as regional base

5. ‘Zombeast’ parent Storms to take its hyper-casual games to Indonesia, Africa with Series A financing



1. Robinhood beefs up executive team with Google veteran to lead product ahead of IPO

2. Coinbase valuation soars to $68 billion ahead of highly anticipated crypto listing

3. Amazon unseats Walmart to become the No. 1 apparel retailer in the US, UBS says

4. Snap acquires Berlin company Fit Analytics that helps online shoppers pick clothes that fit properly

5. Volkswagen overtakes SAP to become Germany’s most valuable blue-chip

6. Cyber insurance startup Coalition raises $175M at a $1.75B valuation

7. Incredibuild Takes In $140M Round To Help Developers Build Faster

8. PayFit raises $107 million for its payroll and HR platform

9. Deerfield-backed Happify Health Targets Mental, Physical Health With $73M Raise

10. OctoML raises $28M Series B for its machine learning acceleration platform

11. Isreal-based cybersecurity company Vulan Cyber snags $21M Series B

12. The Robinhood competitor landscape intensifies as Invstr raises $20M

13. Fraud prevention platform Seon raises a $12M Series A round led by Creandum

14. Unagi expands e-scooter subscriptions with $10.5M in new funding

15. Harmonize Brings In $10M Series A To Monitor High-risk Patients Remotely

16. Oso announces $8.2M Series A to simplify authorization for developers

17. Israel-based Cymbio, developing brand-to-retailer connectivity, raised $7 million in Series A funding

18. Cash-and-send fintech startup Diem raises $5.5M seed led by Fasanara Capital


Image Credits: CNBC

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