1. TikTok owner ByteDance launches share buyback after shelving IPO plans

2. AliHealth reports USD 53.3 million net profit as online pharmacy sales keep growing

3. Gaming major NetEase’s music-streaming unit files for $1b Hong Kong listing

4. Kuaishou kicks off cross-border sales to boost growing e-commerce presence

5. Chinese ecommerce firm Pinduoduo beats quarterly revenue estimates 

6. Honor 50 Series to Launch in June with Qualcomm’s New Snapdragon 778G Chipset

7. Chinese chipmaker SigmaStar eyes $780m IPO on Shanghai exchange

8. Ant Group Invests In Blockchain Startup WhiteMatrix

9. Eys3D Microelectronics, a Taipei-based designer of Oculus Rift’s chip lands $7m in series A funding


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1. SE Asia’s food delivery platforms raised $2.75b in 2020, a third of the overall fundraising

2. Emtek Group buys minority stake in Grab’s Indonesia unit in sign of deepening alliance

3. Indonesian travel startup Tiket mulls over going public via $2b SPAC merger

4. Indonesian crypto exchange Pintu gets $6M Series A led by Pantera, Intudo and Coinbase Ventures

5. Engine banks $43m in one of the largest series A rounds in Singapore’s biotech space

6. Flipkart ramps up supply chain hiring amid India’s escalating Covid-19 crisis



1. Chinese-backed and Africa-focused fintech OPay is reportedly raising $400M at over $1.5B valuation

2. Self-driving truck startup Kodiak partnering with SK Group to expand into Asia

3. Tractive raises $35M as it expands GPS pet tracking to the US

4. Blockchain startup SpaceChain partners with Kazakhstan-based spacetech firm

5. Corporate research startup based in US and India Sentieo banks $20m in fresh funding



1. Amazon is buying MGM Studios for $8.45B

2. Nvidia sold $155 million in crypto mining chips last quarter, but PC gaming remains its biggest market

3. Ford’s $30B investment in electric revs up in-house battery R&D

4. Temasek-backed payment company Flywire valued at $3.4 bln in U.S. market debut

5. EV charger maker Tritium to go public in $1.2 bln SPAC deal

6. SoftBank Leads ecommerce company Perch’s $775M Series A

7. SpotOn, which provides software and payments for restaurants and SMBs, raises $125M in a16z-led Series D, triples valuation to $1.875B

8. UK’s Paysend raises $125M at a $700M+ valuation to expand its all-in-one payments platform

9. Salt Security Raises Third Round In Less Than A Year, Closes $70M Series C

10. Conversational ecommerce platform Yalo secures $50M

11. Uptycs secures $50M Series C as security platform continues to expand

12. Rock-picking robotics startup TerraClear raises $25 million

13. Prismic raises $20 million for its headless CMS

14. Parametrix Insurance raises $17.5 million to offer cloud downtime insurance

15. Italy’s Commerce Layer raises $16M led by Coatue for its headless commerce platform

16. Oliver Space Lands $13M To Change How You Furnish Your Home

17. Sales automation platform developer RightBound raises $12M

18. Tilled Takes A New Approach To PayFac-as-a-Service, Banks $11M Series A

19. Insurtech startup Obie lands $10.7M


Image Credits: SCMP

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