1. ByteDance aims to grow ecommerce biz by over 3x in 2021

2. Huawei emphasises supplier’s role as it steps up smart car business with launch of intelligent driving system

3. China’s Star Market introduces new listing rules that could freeze out Ant Group for good

4. Geely Looks to Crack China’s High-End Electric Vehicle Market with New Startup Zeekr

5. Sinopec and Nio Jointly Build Power Swap Station at Beijing Chaoying Filling Station

6. Bilibili Esports Signs Strategic Partnership With Activision Blizzard, Overwatch League Brings Back to Live Events in China

7. Honda China Collaborates with AutoX on Autonomous Driving Research Through Testing on China’s Public Roads

8. China’s used electronics trading platform Aihuishou 爱回收 eyes up to $1b in US IPO


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1. Singapore-based Everstone seeks $950m for fourth PE fund

2. India’s Razorpay raises funds at $3 billion valuation ahead of Southeast Asia launch

3. Silicon Valley VC firm leads seed round in wireless access control startup Spintly

4. Qualcomm Ventures invests $6.7m in Indian audio accessory maker boAT

5. Nelo raises $3M to grow ‘buy now, pay later’ in Mexico

6. Grab eyes secondary listing in Singapore after US debut

7. Shipper banks US$63M Series B to compete with the likes of Waresix in Indonesia

8. Tiger Global invests US$50mn in Indonesia’s edtech company Ruangguru

9. Indonesian insurtech startup Fuse said to be in talks to raise $30m in new funding

10. Philippine fintech Plentina raises US$2.2mn seed

11. Vietnam’s game publisher Funtap acquires over 30% stake in e-wallet 9PAY



1. SOSV Chinaccelerator-backed insurtech startup Ignatica banks $7m in pre-series A money

2. TPG-backed TE Asia Healthcare investing $90m in Singapore, Malaysia, Indonesia



1. Website maker Squarespace files to go public on NYSE through direct listing

2. Similarweb, a provider of online market intelligence, files for IPO

3. ‘NASA rules,’ Musk says as SpaceX wins $2.9 billion moon lander contract

4. GM’s second $2.3B battery plant with LG Chem to open in late 2023

5. C2i Genomics Secures $100M Note To Detect Tiny Traces of Cancer

6. BrandProject expands beyond the studio model with a new $43M fund

7. Level raises $27M from Khosla, Lightspeed ‘to rebuild insurance from the ground up’

8. Online grocer Ocado invests $13.8M in autonomous vehicle software company Oxbotica

9. Soona raises $10.2M to make remote photo and video shoots easy

10. NBTV Secures $10M Series A For ‘Netflix Meets QVC’ Spirits Purchasing Experience

11. Clubhouse closes new round of funding that would value app at $4 billion

12. 1Doc3, a Colombian telemedicine startup, raises $3 million


Image Credits: SCMP

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