6. Alibaba-backed autonomous car firm AutoX to test in four more cities

7. Realme Ranks 7th in World as Fastest Smartphone Brand to Reach 50M Product Sales

8. Tencent-backed Laobaixing may merge with Yixintang to create China’s largest pharma chain

9. Chinese biopharmaceutical firm CARsgen bags $186m Series C led by Loyal Valley

10. China Life Private Equity Investment backs Xunshi, 3D printing services provider

11. Cloud native platform for analytics Hengshi Technology 衡石科技 closed 50million RMB in Series A

12. Ecommerce platform 大眼睛买买买 IDS Buy Buy Buy closed 40million USD in Series B+


Check out our latest podcast about “China’s Cross-Border Luxury Ecommerce: The Past & The Present, with Claire Chung, Former China GM of Yoox Net-A-Porter Group” here

Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here



1. Indonesian logistics platform Logisly raises $6 million Series A to digitize truck shipments

2. Accel, Vertex Ventures infuse fresh funds into Indian social commerce startup GlowRoad

3. Indian ecommerce startup FreshToHome scores US$121M Series C

4. Indian renewable energy companies queue up for IPOs, such as ReNew Power Ventures Pvt.Ltd

5. Accelerating Asia plans to launch a new ‘up to US$50M fund’ in Q1 2021

6. Women-focused fintech startup Lucy bags $360k in pre-seed round



1. Chinese fintech giant Lufax plans international push as $2.36 billion U.S. IPO gets off to a rocky start

2. NIO Plans Overseas Push

3. Perfect Diary owner files for US IPO to expand in world’s fastest-growing beauty market

4. China’s Alibaba said to invest in online fashion retailer Farfetch

5. TikTok strikes new licensing agreement with Sony Music

6. Japan’s Nidec plans $2 billion EV motor factory in Europe

7. SOSV, KISED to help Korean AI startups expand globally

8. Noon launches Noon Pay mobile wallet in UAE



1. PayPal tops estimates amid surge in online shopping but outlook disappoints

2. British online supermarket Ocado acquires two U.S. robotics start-ups Kindred Systems and Haddington Dynamics

3. Walmart reportedly ends contract with inventory robotics startup Bossa Nova

4. Singtel’s Australian subsidiary to acquire Amaysim’s mobile business in $175m deal

5. Coupa Software snags Llamasoft for $1.5B to bring together spending and supply chain data

6. NerdWallet acquires small business loan marketplace Fundera

7. Marshmallow lands $30M for insurance

8. Email creation startup Stensul raises $16M for marketing platform

9. TVision raises $16M to measure viewer attention on connected TVs

10. Leena AI nabs $8M Series A as it expands from chatbots to HR service platform

11. Agora Systems closes $7 million to streamline construction supply chain


Image Credits: KrAsia

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