1. China market regulator asks E-commerce platforms to rid of fake quality report sellers

2. Xiaomi raises $1.2 billion in debt as Beijing targets the tech sector

3. Didi removed from China’s WeChat and Alipay apps for new users in another big blow

4. Tencent launches facial recognition function to regulate minors’ time spent gaming

5. Launches Robotaix Service in Shanghai

6. CEO Robin Li fast-tracks smart EV development to harness Baidu’s AI tech and mount a challenge to Tesla

7. Food Delivery Giant Meituan Unveils Drones for Delivery Service, Offering New User Experience

8. Meituan To Co-build Urban Low-altitude Logistics Center In Shanghai

9. Rumor: Chinese convenience store chain startup bianlifeng files for US listing

10. Children’s content creator BabyBus seeks Hong Kong IPO

11. Cisco-backed Chinese smart city developer CCI closes $154m Series D round

12. Community group-buy startup Tongcheng Life files for bankruptcy


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1. Southeast Asia is the fastest-growing mobile wallet market globally, report says

2. Zomato targets $1.3 billion IPO at as high as $8.6 billion valuation

3. Indian SaaS firms can create USD 1 trillion in value by 2030, report says

4. Indian fintech company Clear acquires B2B payments startup yBanq to expand services

5. Indian social commerce app DealShare bags $144m in Tiger Global-led round

6. Indian edtech Teachmint raises $20 million to expand to new categories and geographies

7. Indian customer relations platform CRMNext bags $16m in series B round

8. Indian truck-booking startup Vahak raises $5m pre-series A money

9. Singaporean cancer diagnostics startup secures $77m in series C funding

10. Singapore ecommerce logistics firm Janio banks $8m in bridge round

11. Singapore smart-home startup hiLife Interactive banks $8m in series A round

12. Indonesian edtech startup Gredu nets $4m in Intudo-led round



1. Malaysia’s MoneyMatch eyes Singapore, HK expansion with $4.4m series A fund

2. Asia-focused SPAC Atlas Growth Acquisition files for $110m US IPO

3. Saudi Aramco’s Prosperity7 Ventures backs Chinese robotics firm Fourier

4. AirAsia fintech unit BigPay to enter Thai market after GoPay acquisition 



1. Tiger Global was top dealmaker in a record quarter for venture capital, as investments exceeded $150 billion

2. S.Korea’s Samsung SDI considers building battery cell plant in U.S.

3. Grocery delivery app Instacart poaches one of the highest-ranking female Facebook executives, Fidji Simo, for CEO

4. Cryptocurrency company Circle to go public in SPAC deal

5. Online payments firm Stripe takes first step toward blockbuster listing

6. Wellness app Noom hires Goldman Sachs to lead IPO

7. Fintech Circle to merge with Bob Diamond-backed SPAC in $4.5 bln deal

8. Swiss Post acquires e2e encrypted cloud services provider, Tresorit

9. Dutch neobank Bunq raises $228M

10. SoftBank co-leads USD 235 million investment in facial recognition startup AnyVision

11. Clearco Raises $215M From SoftBank To Provide Startups With Alternatives To VC Funding

12. Younited Credit raises $170 million for its data-driven credit offering

13. Indian social commerce DealShare raises $144 million, eyes international expansion

14. Berlin-based Enpal raises $118M for solar power

15. Coda, a document-sharing and productivity platform, closes $100M Series C

16. Auto giant Stellantis to invest €30B in electrification through 2025

17. Intellimize, a startup offering tools for marketers to drive conversations by personalizing websites, picks up $30M

18. Popshop Live raises about $20M at a $100M valuation for its livestream shopping platform for hipsters

19. Miami twins raise $18M for Lula, an insurance infrastructure upstart

20. PowerZ raises $8.3 million for its video game focused on education

21. Smile Identity raises $7M to build KYC and identity verification tools for Africa

22. Rootly nabs $3.2M seed to build SRE incident management solution inside Slack


Image Credits: Sohu

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