CHINA:
1. Chinese regulators issue draft rules on privacy protection for app users
2. After Alibaba, Chinese regulator launches anti-monopoly probe on Meituan
3. Chinese edtech firms fined for falsely priced advertisements, including GSX Techedu, Xueersi, etc
4. Huawei pivots to software with Google-like ambitions as U.S. sanctions hit hardware business
5. China’s e-commerce giant JD.com starts paying some staff in digital yuan
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MOBILE-ONLY MARKETS:
1. AI-focused VC firm Pi Ventures to raise $76m for second fund
2. Alleged records of 20 million BigBasket users published online
3. India’s upGrad raises $120M for edtech
4. Indian accommodations startup Stanza Living secures $100m from Alpha Wave, others
5. Indian B2B supply chain platform Bizongo closes $51m Series C funding round
6. Indian mobility startup Rapido to bag $50m to take on Ola and Uber
7. India’s LEAD School raises $30 million to reach more students
8. IPG Group unit acquires stake in Singaporean celebrity video startup Authentic Celebrity Experiences
9. Singapore agtech firm DiMuto taps fintech startup to provide payment services
10. Vietnamese indie game studio raises $1m for new blockchain game
11. Peter Thiel’s Valar Ventures in talks to lead an over $70m round in Indonesia’s BukuWarung
CROSS-BORDER:
1. L Catterton Asia eyes early-stage deals, shifts focus from brick-and-mortar retail
2. Ant-backed Chinese bike-sharing giant Hello files for US IPO
OVERSEAS:
1. Space entrepreneur Max Polyakov acquires South Africa’s Dragonfly satellite maker
2. Tesla edges past Wall St target as bitcoin sales, environment credits boost revenue
3. Lyft will sell self-driving car unit to a subsidiary of Toyota for $550 million
4. Netflix snags 7 awards, nearly doubling its all-time Oscars tally
5. U.S. lidar maker Luminar partners with Airbus to test autonomous flight tech
6. Former Apple CEO John Sculley’s Zeta Global files for U.S. IPO
7. S Korean fintech firm Kakao Pay applies for preliminary IPO approval
8. Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash
9. Brex said it raised $425 million in Series D funding, led by Tiger Global
10. Mighty Networks, an online platform for creators and brands to build communities, picks up $50M
11. Glytec Raises $21M Round For In-hospital Glycemic Management
12. Vector Remote Care Lands $12.5M Series A For Cardiac Remote Monitoring
13. n8n raises $12M for its ‘fair code’ approach to low-code workflow automation
14. Snap has acquired Pixel8earth, a 3D mapping developer, for $7.6M
15. Weav raises $4.3M to knit together a universal API for commerce platforms
Image Credits: TechNode