1. Chinese video platform Bilibili to raise $2.6 billion in Hong Kong listing

2. TikTok owner ByteDance hires CFO in a step towards IPO

3. China’s Didi leans towards New York for IPO, eyes valuation of at least $100 billion 

4. Tencent’s quarterly revenue jumps as online gaming surges

5. H&M removed from Chinese apps over Xinjiang cotton boycott

6. Chinese E-cigarette Stocks Slump Following Proposed Regulation

7. Nio reaches milestone for battery-swap program

8. Kuaishou shares dive after first annual report

9. Self-driving truck startup TuSimple files to go public

10. Tencent-backed DouYu still wants to merge with Huya despite government antitrust concerns

11. Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B


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1. Indian fantasy sports app Dream11’s parent firm raises $400 million

2. Sequoia India joins $45m round of Indian beauty e-tailer Purplle

3. Indian social network Public App raises $41 million

4. Peter Thiel-backed VC firm leads $10.3m seed round in Indian fintech firm Velocity

5. Indonesian social commerce app KitaBeli gets $10M led by Go Ventures

6. Indonesian insurtech firm Qoala acquires Thailand’s FairDee

7. Nigerian fintech of the unbanked Bankly raises $2M led by Vault

8. Monk’s Hill Ventures leads $1.5m round of Singapore software testing platform UI-licious

9. Beacon VC joins construction-tech firm Builk’s Series B round to help it with ASEAN expansion



1. India antitrust body orders investigation into WhatsApp’s privacy policy changes

2. Faux-egg maker Eat Just raises USD 200 million more in latest round, expanding in Singapore and China



1. Sole Female Founders Raised $1B Less In 2020 Despite Record Venture Funding Surge In the US

2. Intel is spending $20 billion to build two new chip plants in Arizona

3. Robinhood files confidential paperwork to go public

4. Fidelity applies to launch a bitcoin ETF

5. Crypto firm rides bitcoin mania to a $5.2 billion valuation

6. Prince Harry joins Silicon Valley mental health start-up as its Chief Impact Officer

7. SoftBank-backed Real Estate Brokerage Compass Aims for $10B Valuation in NYSE Debut

8. Discord, the popular communications platform for gamers, eyes sale at valuation of over $10B

9. Uber teams up with ScriptDrop to expand prescription delivery access in U.S.

10. Sweden’s MTG to buy New Zealand-based Ninja Kiwi for up to $186 million

11. IKEA invests in mapping technology startup what3words

12. SoftBank-backed delivery start-up goPuff valued at $8.9 billion in new funding round, more than double from five months ago

13. Rec Room raises at $1.25B valuation from Sequoia and Index as VCs push to find another Roblox

14. Ro raises $500M for telehealth

15. Feedzai raises $200M at a $1B+ valuation for AI tools to fight financial fraud

16. Fanatics scores $320M for sports merchandise e-commerce

17. Cloud Security Provider Orca Security Hits $1.2B Valuation After $210M Series C 

18. Laerdal Million Lives Fund Raises $100M To Target Health Care Access, Education Startups

19. Pacaso Raises $75M, Reaches Unicorn Status Less Than One Year After Launching

20. Neighbor raises $53M for self-storage marketplace after 5x YoY revenue growth

21. Virtual Events Platform Bevy Lands $40M Series C From Diverse Collection Of Investors

22. Australian lidar maker Baraja collects $31M B round to illuminate the future of autonomy


Image Credits: SCMP

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