CHINA:
1. Chinese games revenue overseas has broken through RMB 100 billion for the first time
2. Didi Tests Credit Payment Services
3. Quicktron, a Chinese developer of intelligent warehouses, raises $100m in Series C+ round
4. Fidelity leads $100m Series C round in China-based clinical CRO dMed
5. Cosmetics new retail company East West Beauty raised Series A
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MOBILE-ONLY MARKETS:
1. Razer adds ‘buy now, pay later’ function to its merchants platform through Rely tie-up
2. Singapore biotech firm TurtleTree Labs bags $6.2m round
3. Speedoc snags US$5M Series A to drive faster adoption of digital health services in Singapore
4. SoftBank-backed Waresix acquires Indonesian logistics startup Trukita
5. Indian Info Edge Ventures raises $50m from Singapore’s Temasek
6. Indian edtechs received over $2.2b funding in 2020, shows PE-VC Association report
7. India-based PointOne Capital reaches first close of its maiden early-stage fund
8. Indian nutrition brand Wellversed acquires fitness coaching firm Sportfit
9. Snapdeal ties up with NPCI to enable doorstep digital payments for online orders
10. Indian sales automation startup LeadSquared secures $32m in series B round
11. Partners Group to invest $250m for equity stake in Indian logistics firm Ecom Express
CROSS-BORDER:
1. Huawei to build network equipment factory in France
2. Zoom, iQiyi become the latest tech firms to invest in Singapore
3. Decacorn Capital backs Estonian startup Fyma that can turn your CCTV cameras into smart sensors
4. Chipmaker Renesas extends China reach with FAW research lab
5. Mobileye takes autonomous vehicle for test spin in Munich traffic
OVERSEAS:
1. E-scooters take off in COVID-hit London despite legal obstacles
2. The venture firm SOSV has hired former TechCrunch COO Ned Desmond to help grow its startups
3. EU approves Google’s $2.1 billion acquisition of Fitbit, subject to conditions
4. Walmart is bringing livestream shopping to TikTok on Friday
5. Online thrift store Poshmark files to go public after consecutive profitable quarters
6. Coinbase Files To Go Public
7. Alphabet health company Verily bolsters warchest with another $700 million
8. Alphabet-backed fintech GoCardless nears $1 billion valuation amid digital payments boom
9. DeepMind A.I. unit lost $649 million last year and had a $1.5 billion debt waived by Alphabet
10. Islamic fintech Wahed Invest to buy UK digital banking app Niyah
11. Mental wellness platform Lyra Health is raising up to $175M at a $2.25B valuation
12. Crypto firm Paxos raises $142 million in latest funding round
15. Online learning platform Brainly lands $80M for homework help
16. Austin’s edtech startup Aceable adds another $50 million for accelerated expansion
17. Cargo.one raises $42M for booking platform
18. Corporate spend management startup Ramp raises $30M as the battle to own corporate spend heats up
19. Social gaming platform Rec Room scores $20 million Series C
20. Anomalo Raises $5.95M To Validate Data
21. Whatnot raises $4M as it gets into livestreamed auctions and Pokémon cards
22. Walnut raises $3.5M from Ron Conway and others to stop remote sales pitches breaking
Image Credits: China Money Network