CHINA:
1. China says ByteDance, Baidu, Microsoft improperly collected user data
2. Bitcoin Plunges After China Issues New Bans on Cryptocurrency Transactions
3. China’s JD Logistics set to raise $3.2 billion in Hong Kong IPO
4. Tencent posts a $5b profit for Q1 2021, boosted by demand for video games
5. Huawei-Changan smart car partnership expands to include chips
6. Chinese Home Appliances Giant Midea to Mass Produce Parts for New Energy Vehicles
7. SoftBank-backed Chinese edtech startup Zhangmen files for listing in the US
8. Autonomous driving company 飞步科技 Fabu.ai closed Series B
9. IoT big data platform 涛思数据 TAOS Data raised 47million USD in Series B
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MOBILE-ONLY MARKETS:
1. Indonesia’s Travelloka ramps up fintech play as listing looms on horizon
2. Indonesia’s TaniHub lands $65.5M for agritech
3. Oyo seeks $600m in debt financing as Covid-19 cases surge in India
4. India’s online higher education platform upGrad buys Impartus for $20.6m
5. Indian social commerce firm CityMall to raise $30m in new funding
6. Singaporean fintech startups record a 355% surge in funding in Q1 2021
7. Grab to pilot delivery robot runner service in Singapore
8. Singaporean AI mapping startup NextBillion.ai secures $6.25m from Microsoft’s venture fund
9. Vietnamese social commerce firm Mio bags $1m seed funding to tap into lower-tier areas
10. Rakuten Ventures joins $1.5m round in Malaysian B2B groceries platform Secai Marche
CROSS-BORDER:
1. Microsoft pushes into the growing grocery tech market with a new deal in China
2. Chinese startup Pony.ai can now test driverless vehicles in three California cities
3. BYD to begin delivering EVs in Norway by Q3
OVERSEAS:
1. U.S. regulators signal stronger risk, tax oversight for cryptocurrencies
2. Bain Capital Ventures raised $1.3 billion to fund young startups, and young VC firms, too
3. Snap buys WaveOptics, a company that makes parts for augmented reality glasses, in $500 million deal
4. Snap reaches 500 million monthly users
5. BMO investment arm sold Microsoft over U.S. Army headset deal
6. Europe’s answer to Robinhood Trade Republic just raised fresh funds at a $5.3 billion valuation
7. ONEVC Makes First Close On Second Fund Aimed At Latin America
8. Geospatial startup Unfolded.ai acquired by Foursquare
10. factory14 raises $200M to jump into the Amazon marketplace roll-up race
11. Pitch, a platform for making and sharing presentations, raises $85M on a $600M valuation
12. Dooly raises $80M more for its AI tools to help salespeople manage their busywork
13. Heyday Bags $70M Series B To Acquire, Incubate Marketplace-Native Brands
14. Esper raises $30M Series B for its IoT DevOps platform
15. oneNav Raises $21M For More Accurate And Reliable GPS
16. A16z bets millions on Maven, a platform for cohort-based courses
17. Portside raises $17M for its business aviation management platform
18. Ex-Square execs launch Found to help the self-employed, raise $12.75M from Sequoia
19. London-based ecommerce platform Slerp secures $10M
20. Boox Raises $9.25M Series A To Make Cardboard Boxes Obsolete
21. Wysa Puts $5.5M Series A To Work Targeting ‘Missing Middle Of Mental Health’
Image Credits: TechCrunch