CHINA:
1. TikTok removes over 7.2m accounts ‘potentially’ owned by underage users
2. BYD Semiconductor Lists on GEM of Shenzhen Stock Exchange
3. International logistics startup Yunquna secures Series D1, eyes global expansion
4. R&D management platform Ones nets RMB 300 million Series B to rev up teamwork
5. Xiaomi-backed autonomous driving decacorn ZongMu nets USD 190 million Series D
6. Livestream platform Qinker nets Series A while travel bookings surge
7. Hong Kong blockchain gaming unicorn Animoca Brands lands $50m in fresh funding
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MOBILE-ONLY MARKETS:
1. India’s central bank says growing presence of Big Tech in financial services a concern
2. India’s Inflexor Ventures hits $81m in final close of second fund
3. Indian retailers line up $800m IPOs amid COVID crisis
4. Oyo’s Indian rival Treebo banks nearly $16m in round led by French hospitality major
5. Industrial tech firm Detect Technologies that serves Exxon, Reliance nets $12m in Accel-led round
6. Yamaha Motor leads $6.5m round of Indian used two-wheeler marketplace
7. Tiger Global in talks to back Indian fintech Yap
8. Rural India-focused commerce startup Hesa bags $2m seed funding
10. Carro’s fintech arm launches financing plan for EVs, hybrid cars
11. SCI Ecommerce closes ongoing financing round at US$65.4M, inks partnership with TikTok
12. SoftBank-backed wealthtech platform Endowus secures additional $5m funding
13. Endowus attracts US$4.5M from UBS, Samsung to take on the likes of StashAway
14. Vertex Ventures leads Singapore blockchain digital signing startup Dedoco’s $2.5m round
15. Grab-Singtel venture files for Malaysian digital bank license
16. Vietnamese ecommerce firm Tiki said to have secured $100m in first Series E tranche
CROSS-BORDER:
1. Instant grocery startup Getir makes its first acquisition to expand into Spain and Italy
2. Indian esports startup MPL to up hiring in Indonesia by 50%, enters US market
3. WeWork partners with Grab to offer deals for the super app’s business clients
4. Asia Innovations Group Plans U.S. IPO, Eyeing between $600 Million to $800 Million
5. TikTok maker ByteDance finds new success in US with CapCut, a hit video editing app
OVERSEAS:
1. Amazon’s carbon emissions rose 19% in 2020 even as Covid-19 pushed global levels down
2.BMW i Ventures announces new $300 million fund to invest in sustainable technology
3. Nissan announces plans to build EV battery ‘gigafactory’ in UK
4. Stock-trading app Robinhood files to go public
5. S Korea’s SK Innovation mulls listing its battery business
6. Barracuda acquires Skout Cybersecurity to enter the XDR market
7. Online Workplace Training Platform Articulate Global Lands $1.5B Round At $3.75B Valuation
8. Dubai cloud kitchen Kitopi raises $415m from SoftBank, others
26. Karat Raises $26M Series A To Build Financial Infrastructure For Creators
27. London-based insurtech Hyperexponential closes $18M round led by Highland Europe
28. Nowports raises $16M to build the OS for LatAm’s shipping industry
29. FloLive, an IoT startup building cloud-based private 5G networks, raises $15.5M led by Intel
30. Edtech startup Microverse raises $12.5M to bring income share agreements to the developing world
Image Credits: KrAsia