CHINA:

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

 

MOBILE-ONLY MARKETS:

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

 

CROSS-BORDER:

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

 

OVERSEAS:

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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