CHINA:
1. The pet economy market in China will reach 44.56million RMB in 2023, according to iResearch
2. ByteDance co-founder Zhang Yiming to step down as CEO
3. Baidu thickens revenue stream with Apollo autonomous driving unit
4. Tencent Cloud Launches Sub-brand to Improve Developer Solutions for Audio, Video Products
5. Upmarket Car Brand Co-created By Changan And Huawei Will Be Launched This Month
6. Huawei puts consumer CEO in charge of autos in management reshuffle
7. The Nervos Foundation, China Merchants Bank launch $50 million blockchain VC
8. Chinese semiconductor firm AkroStar raises over $78m led by Gaorong Capital
9. Livestream SaaS solution provider yunxi tv云犀直播 raised Series A
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MOBILE-ONLY MARKETS:
1. India emerges as the second largest insurance technology market in Asia Pacific
2. Walmart-owned PhonePe to acquire Indus OS in $60m deal
3. MakeMyTrip backer leads $11m round in Indian space tech startup
4. Indian fashion firm High Street Essentials secures $3.5m to expand globally
5. Rakuten joins Secai Marche’s US$1.5M pre-Series A as it expands B2B farm-to-table platform
6. Malaysia-based iPrice Group secures $1.5m from Woowa Brothers
7. Singaporean BNPL startup Hoolah announces tie-up with SaaS firm BridgerPay
8. Ex-Bloomberg TV anchor’s startup Forkast banks $1.7m in seed round
9. Indonesian lender BRI Agro to transform into digital bank to tap $314b gig economy
CROSS-BORDER:
1. German electric car start-up e.Go Mobile eyes Mexico entry
2. Eat Just’s unit GOOD Meat secures US$170M to bring meat made from animal cells to Singapore
3. Tesla Pledges to Work with Chinese Authorities After Car Crash Kills Policeman
4. BYD Will Ship 1,500 Tang EVs To Norway
OVERSEAS:
1. U.S. flying taxi startup steps up legal pressure on rival over trade secrets
2. Europe regulator sees first flying taxis in 2024 or 2025
3. Pipe Pulls In $250M Equity Round For $2B Valuation, Lays Foundation for Expansion
5. SOSV’s portfolio 3D printing company Formlabs raises $150M, led by Softbank’s Vision Fund 2
6. Super raises $50M to cover home repairs and maintenance via a subscription model
7. Salto Seasons Growth With $42M Series B, Seven Months After Series A
8. Twaice raised $26M to scale its battery analytics software
9. Construction tech upstart Assignar adds a Fifth Wall with $20M Series B
10. Forecast nabs $19M for its AI-based approach to project management and resource planning
11. API security startup 42Crunch raises $17M Series A led by Energy Impact Partners
12. FreightWaves Raises $16M For New Sustainability Platform
13. Payroll automation startup raises $15.6M Series A led by General Catalyst
14. Liquid Instruments raises $13.7M to bring its education-focused 8-in-1 engineering gadget to market
15. Laying Personal Finance Foundation: Wingocard Raises $1.7M For Teen Banking App
16. OpenUnit raises a $1M seed round to be the online face of self-storage
Image Credits: Reuters