CHINA:
2 Zhuhai dangles incentives to lure start-ups in four key industries under Greater Bay Area drive
4 Tencent launches its automatic subtitling solution for international markets
5 Pinduoduo starts offering Sany machinery maker, expands beyond consumer products
7 Chinese Autonomous Driving Trucks Firm Plus.ai Raises $100 Million
9 Xpeng, Chinese EV rivals line up to challenge Tesla on their home turf
Check out our latest podcast about “Inside the VC Mind Ep2: Billion-dollar Opportunities That Investors Missed (Remington Ong, Ray Yang, William Bao Bean)” here
Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here
MOBILE-ONLY MARKETS:
1 Indian Cashfree raises $35.3 million for its payments platform
2 India’s dairy start up Country Delight raises $25m led by Elevation Capital
3 India’s digital insurance marketplace Policybazaar eyes new funding at USD 2 billion valuation
5 WhiteHat Jr’s (an Indian coding platform) founder files $2.6M defamation suit against critic
8 Alpha JWC invests $2m in F&B startup co-founded by Indonesia president’s sons
9 Indonesia’s Finantier, an open finance start-up bags pre-seed capital
10 Edtech’s huge growth spurt in Indonesia
11 Vingroup, a Vietnamese conglomerate partners Techcombank for loans on Vinshop
13 Thai e-commerce enabler aCommerce eyes Vietnam, Malaysia foray via M&A route
CROSS-BORDER:
1 Smelling blood, Huawei’s Chinese rivals capitalise on its US ban, raise forecast for 2021
3 Istox, Singaporean fintech firm inks deal to set up digital exchange in China’s Chongqing city
4 ShawKwei & Partners looks to sell tech component maker Beyonics for up to $400m
5 Malaysia’s Aerodyne picks stake in Australian drone inspection firm Sensorem
6 Europe looks to crack open data encryption on messaging services like WhatsApp
7 Baemin, Korean food delivery business to shut down Vietnammm food app
OVERSEAS:
2 Netflix commits $1 billion to make New Mexico home to one of the world’s largest studios
3 Paceline Pumps Up New Wellness Platform With $5M Seed
4 Konnecto, a consumer intelligence start up lands $3.5M Seed to provide consumer Insights
6 Video mentoring platform Superpeer raises $8M and launches paid channels
7 Nikon plans reform to reduce reliance on key customer Intel
8 Snap is launching a competitor to TikTok and Instagram Reels
9 Relativity Space adds $500 million to ‘war chest’ for scaling production of 3D-printed rockets
10 South Korea’s delivery workers have fallen into what they call a “legal blind spot”
Image Credits: South China Morning Post