CHINA:
1. Chinese companies raised record-breaking amount of money in global IPOs
2. Gov Official Suggests Taxing Big Tech For Digital Services
3. Report Shows Internet Jobs Ranks Lowest On Happiness
4. Top-Tier Livestreamer Yonghao Luo Admits to Selling Counterfeit Cardigans, Blames Suppliers
6. iQiyi is selling bonds and shares to boost growth amid tightening liquidity
7. JD.com teams up with Better Life to expand new retail in Hunan
8. Pinduoduo launches payments, community grocery scrutiny
9. SMIC co-CEO Liang Mongsong departs as the company hires former TSMC exec
10. Tencent-backed WeDoctor close to raising $350m ahead of IPO
11. Second-Hand Luxury Goods E-Commerce Firm Plum Secures New Round
12. HK’s on-demand delivery firm Lalamove seeks to raise $500m
Check out our latest podcast about “Open Innovation in Healthcare from Academia to Corporates to Startups: She Loves Tech Series with Dr. Yongqin Zeng, Senior Director Innovation Lead at Philips Venture” here
Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here
MOBILE-ONLY MARKETS:
1. Flipkart saw annual loss widen by 20% in latest financial year
2. Indian SaaS startup LeadSquared raises $32m led by Gaja Capital
3. Sequoia Capital joins $25m round for Indian home solutions startup Wakefit
4. Sequoia’s Surge leads $2m injection into ecommerce marketing firm Epsilo
5. Singapore healthtech firm Speedoc raises $5m in a series A round
6. Singapore’s edtech startup kalpha nets seed funding extension round from Nest Tech
7. Singapore’s Funding Societies raises investment from Samsung’s VC arm
8. Epsilo raises US$2M to expand its SaaS e-commerce marketing platform across Asia
9. Tokopedia in talks to merge with a SPAC backed by billionaire Richard Li, sources say
CROSS-BORDER:
1. European tech firms seek to share in U.S. IPO bonanza
2. Samsung ties up with IBM to combine private 5G with “edge computing”
3. Zoom to set up R&D centre and hire hundreds of engineers in Singapore
5. Vickers Venture’s SPAC looks to raise $100m in US IPO
OVERSEAS:
1. Companies may face 2% fine for breaching EU cybersecurity rules
2. Texas, nine U.S. states accuse Google of working with Facebook to break antitrust law
3. Facebook accuses Apple of anticompetitive behavior over privacy changes
4. Lyft, Motional to launch multi-city U.S. robotaxi service in 2023
5. Amazon urges judge to set aside $10 billion cloud contract award to Microsoft
6. E-commerce firm StockX raises $275 million in funding round, valuation at $2.8 billion
7. Israeli lidar sensor firm Innoviz to go public at USD 1.4 billion valuation
8. European Uber rival Bolt raises more than $180 million for A.I. drive
9. ClickUp hits $1 billion valuation in $100M Series B raise
10. Lydia raises another $86 million to build a European financial super app
11. Bestow Lands $70M Series C To Expand Life Insurance Product
12. MessageBird acquires real-time notifications and in-app messaging platform Pusher for $35M
13. Ovation Raises $21.5M Series B To Advance Health Care Testing
15. Zoomin raises $21M for a platform to make fragmented product content troves easier to use
16. Live-streaming platform BoxCast raises $20M
17. PlainID raises $11 million for authorization tech
19. Enveda Biosciences Announces $4.9M Seed To Create Medicinal Plant Database
20. Hightouch raises $2.1M to help businesses get more value from their data warehouses
Image Credits: Tech in Asia