CHINA:
1. Chinese state banks accepting applications for enterprise e-CNY accounts
2. Tencent Music quarterly revenue rises on paying-user additions
3. China’s JD.com to invest $800 million in Dada Group
4. ByteDance acquires gaming studio Moonton at around $4 billion valuation
5. Suning teams up with GLP to cash in on its logistics assets
6. Alibaba Cloud launches its first personal cloud product, challenging Baidu and Tencent
7. China’s state-backed industrial internet platform CASICloud bags $404m
8. Bain Capital invests $200 million in Chinese tech startup Newlink
10. IDG, Qiming co-lead $70m Series B funding in biotech firm ZhenGe
11. Industrial control system security services provider Winicssec bags $46m Series D
12. K12 edtech platform 艾上AI raised close to 100 million RMB in Series A
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MOBILE-ONLY MARKETS:
1. Ola Electric to raise over $300m from Temasek, SoftBank, others
2. Fintech firm MobiKwik targets up to $250m in IPO on Indian exchange
3. Fintech firm KreditBee raises $70m in series C follow-up
4. Indian beauty e-commerce Purplle raises $45 million
5. India-based fintech firm Yap secures $10m in a round co-led by Flourish Ventures
6. Indian algae-based alternative foods firm bags $10m from UAE-based investor
7. Seeds Capital joins $1m round of Singaporean organization skilling edtech firm Acktec Technologies
8. Saudi Arabia’s Hala raises USD 6.5 million Series A to become digital bank for SMEs
CROSS-BORDER:
1. ‘Netflix of Indonesia’ merges with SPAC to list on US exchange
2. American hedge fund Tiger Global steps up its investments in India
OVERSEAS
1. Twitter CEO Jack Dorsey’s first tweet NFT sells for $2.9 million
2. Amazon-backed Deliveroo seeks valuation of up to $12 billion in its London IPO
3. Nintendo partners with Pokemon Go maker Niantic on Pikmin app
4. BMW and PG&E team up to prepare the electric grid for millions of EVs
5. Israel eyes another incentive-laden 5G frequency tender in late 2021
6. Online education platform Coursera targets over $4 billion valuation in U.S. IPO
7. SoftBank-backed auto marketplace ACV Auctions raises offer price range, eyes $364 million IPO
8. Spark Capital cuts ties with buzzy photo-sharing app Dispo, founder steps down
9. Ro raises $500M to grow its remote and in-home primary care platform
10. Side raises $150M at $1B valuation to help real estate agents go it alone
11. Camunda snares $98M Series B as process automation continues to flourish
12. New $90M Series D Fuels Nuvemshop’s LatAm Expansion
13. TryNow raises $12M to bring try-before-you-buy, Prime Wardrobe as a service to online retailers
Image Credits: jiemian.com