1. Chinese Internet firms pledge to avoid anti-competitive behaviors

2. Ant Group Promises Anti-monopoly Reform following Chinese Government Crackdown

3. ByteDance’s gaming unit Nuverse acquires C4games

4. ByteDance initiates process for mammoth listing in Hong Kong

5. Huawei invests in self-driving and electric car tech it says surpasses Tesla

6. Xiaomi Set Up AI Innovation Fund

7. Douyin (TikTok)’s average DAU reached about 600 million in Q1

8. Gets Road Test License

9. China’s Gaussian Robotics bags $100m funding from Tencent, Meituan, others


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1. Grab to go public via SPAC in $40B deal

2. Singapore’s Pine Labs acquires Malaysia-based e-commerce platform Fave in $45 million deal

3. Openspace Ventures’ new follow-on fund to raise around $100m in first close

4. Stripe exec joins $3.2m seed round of Zoom-like startup Butter

5. Docosan raises US$1M to provide online healthcare services in Vietnam

6. India’s Flipkart to buy travel and hotel booking platform Cleartrip

7. Indian edtech unicorn Byju’s raises $455m from B Capital, Baron Funds, others

8. Indonesia’s e-commerce unicorn Bukalapak raises $234m in fresh funding



1. Taiwan’s Pegatron to build Tesla parts plant in Texas

2. Dyson to hire for 250 tech roles in Singapore as part of 5-year investment plan

3. Taiwan’s AppWorks leads $1m round in Vietnam healthtech startup

4. Mobileye teams up with US firm for autonomous delivery service by 2023



1. German regulator acts to halt ‘illegal’ WhatsApp data collection

2. Fortnite creator Epic Games’ valuation jumps to $29 billion in new funding round

3. Spotify unveils an in-car entertainment system

4. Clubhouse rolls out payments to over 60K creators following initial test

5. 1Password acquires SecretHub and launches new enterprise secrets management tool

6. SambaNova raises $676M at a $5.1B valuation to double down on cloud-based AI software for enterprises

7. Taking Companies International: Berlin Brands Group Brings In $240M Debt Round

8. Home Fitness Studio Tempo Gets Stronger With $220M Series C

9. With a team that helped build the brain behind Alexa, HomeX raises $90M

10. Grover lands $71M for device subscriptions

11. Agricultural technology company Hazel Technologies lands $70M

12. Blockchain firm ConsenSys raises $65 million from J.P. Morgan, others

13. KKR leads $60.6m funding in Japan’s largest QR code payment gateway Netstars

14. Papa picks up $60M for eldercare

15. Territory Foods Serves Up $22M Series B To Expand Meal Delivery

16. Hatch, a neobank for SMBs, launches with $20M in funding from investors like Kleiner Perkins, Foundation and Plaid’s founders

17. Meroxa raises $15M Series A for its real-time data platform

18. Deeplite raises $6M seed to deploy ML on edge with fewer compute resources

19. Bandwango raises $3.1M to power tourism- and experience-focused deals


Image Credits: Reuters

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