1. Alibaba and Tencent to Open up Services to Each Other

2. Xiaomi Hires More People for Autonomous Driving

3. Kuaishou adds informative livestreamed content as growth in entertainment vertical stalls

4. Meituan receives $400 million from Tencent to boost autonomous delivery

5. Logistics major Lalamove mulls shifting IPO from US to Hong Kong

6. Zebra Zhixing 斑马智行, which focuses on the research and development of autonomous intelligent automobile operating systems, receives capital increase of ¥3 Billion

7. IFC proposes $76m investment in Chinese waste recycling firm GEM

8. Moying Robotics closes Series A for advanced logistics automation

9. China’s pastry brand Tiger Attitude nets nearly $50m in Series A round

10. Alibaba-backed fashion rental app YCloset shuts down after five years


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1. Easy Eat AI raises $5M to help Southeast Asian restaurants digitize their operations

2. Indian storytelling platform Pratilipi raises $48 million led by gaming giant Krafton

3. Angel investor in Oyo, Ola joins Indian lending startup Credit Fair’s $15m seed round

4. Tinvio raises US$12M Series A to help SMEs manage their trade accounts through chat

5. Ex-Foodpanda execs launch workspace marketplace Deskimo in Singapore, Hong Kong

6. Vietnamese BNPL startup Fundiin partners with ecommerce firm Sapo

7. Philippine parenting-focused ecommerce firm Edamama secures $5m in pre-series A money

8. Schneider Electric joins funding round of Indonesian green energy startup Xurya

9. Food delivery platform Elmenus raises USD 10 million from Fawry and Luxor Capital



1. Toyota buys U.S. mapping, road data firm Carmera to bulk up driverless tech

2. Beyond Meat launches online store in China on ecommerce firm



1. Apple reportedly wants to boost iPhone production by as much as 20% after last year’s 5G super cycle

2. Oracle unit partners with Everest to bring blockchain to banks worldwide

3. LG Chem will invest $5.2B in battery materials through 2025

4. Clubhouse launches direct messaging feature ‘Backchannel’ as user numbers rise

5. Flush with pandemic profit success, S.Korean travel firm Yanolja eyes rapid expansion

6. Semiconductor wafer producer SK Siltron CSS to invest $300M in US to boost EV supply chain

7. Unybrands brings in $300M to acquire more e-commerce businesses

8. Cybereason Lands $275M From Mnuchin’s New Firm And Others

9. M1 Finance raises $150M in SoftBank-led Series E, boosts valuation to $1.45B

10. Virsec Lands $100M As Cyberattacks Ramp Up

11. Life insurance startup YuLife raises $70M

12. Railsbank raises $70M to build out its fintech-as-a-service platform

13. Aidoc raises over $66M for AI radiology analysis technology

14. Castor, a clinical trial process company, raises $45M to create more human-centered research

15. LinkSquares, a provider of AI-powered contract management tools for legal teams, lands $40M

16. Cardless raises $40M to help more brands launch custom credit cards

17. Simpplr raises $32M for its intranet platform

18. Ex-Plaid employees raise $30M for Stytch, an API-first passwordless authentication platform

19. Russian insurtech and telemedicine startup BestDoctor raises $26M B from Winter Capital Partners

20. Crypto startup Phantom banks funding from Andreessen Horowitz to scale its multichain wallet

21. Flymachine raises $21 million to build a virtual concerts platform for a post-pandemic world

22. Wecasa raises $17.7 million for its home care and wellness marketplace

23. Acelerate raises $14.44M Series A to turn existing restaurants into cloud kitchens


Image Credits: Pandaily

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