1. China Issues Regulation of Sharing Economy Companies, Maintains Crackdown on Monopolies

2. Chinese secondhand marketplace nets USD 45 million for enterprise business

3. TikTok sibling skewers Tencent in viral, deleted WeChat post

4. BAIC Motor to Adopt Huawei’s HarmonyOS in New SUV Model

5. Blind-box toymaker Pop Mart apologises for asking women if they will have children amid pushback on social media

6. China’s Youran Dairy Group seeks to raise $800m in Hong Kong IPO

7. Tencent-bacled recruitment platform Kanzhun seeks to raise up to $912m in US IPO

8. Autonomous Driving Startup Zongmu Technology 纵目科技 Raises $190 Million from Investors Including Xiaomi, Qualcomm

9. Pop culture brand SoulSense just closed Series A+


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1. Indonesian ecommerce GMV grows 91% to reach $40.1b in 2020

2. Indonesian fintech lender Amartha bags $7.5m from Norwegian investment fund

3. Indonesian healthcare startup Prixa raises $3M led by MDI and TPTF

4. Pakistani fintech startup AbhiFinance that gives employee salary advances banks $2m

5. SoftBank in talks to invest up to USD 700 million in Walmart-owned Flipkart

6. India-based Artha Venture Fund hits final close of debut fund at $30m

7. Singapore fintech startup Nium eyes US listing within 2 years

8. Singapore-based Beryllium, creator of game that allows ‘trading’ of cricket players raises $3m

9. Vietnamese AI-powered camera maker secures G-Group backing to reach $5m valuation

10. Thai food delivery startup Line Man Wongnai seeks funding, eyes IPO



1. China Oceanwide’s IDG sale to Blackstone may net as much as $600m



1. Biden’s electric vehicle plan includes battery recycling push

2. Amazon and Facebook to fall under new G7 tax rules

3. Palantir gets aggressive in SPAC investments, backing digital health, aviation and robot companies

4. Cybersecurity company SentinelOne files for IPO

5. Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC

6. Facebook buys studio behind Roblox-like Crayta gaming platform

7. Square to invest $5 mln in Blockstream’s solar-powered bitcoin mining facility

8. Turkish start-up Getir rides the speedy grocery delivery craze to a $7.5 billion valuation

9. German grocery upstart Flink lands $240M Series A

10. SoftBank pours up to $150M into GBM, a Mexico City-based investment platform

11. Capchase Lands $125M Series A To Help Founders Avoid Dilution

12. AI-powered personalized grocery service Hungryroot bags $40M

13. Women’s Supplement Startup Rae Wellness Closes $9.5M Series A

14. Google’s Gradient Ventures leads $8.2M Series A for Vault Platform’s misconduct reporting SaaS


Image Credits: Dealstreetasia

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