1. Shanghai unveils five-year fintech hub plan

2. Regulators release ride-hailing rule update and analysts say more regulation is to come

3. Video sites now more attractive than news sites for online advertisers in China

4. ZTE plans to raise 11.5 billion yuan to develop 5G from private share sale

5. Chinese chipmaker Rockchip to list in Shanghai

6. Tencent trials paywall for WeChat blogs

7. Ride hailing company Dida Chuxing 嘀嗒出行 is preparing the IPO filing 

8. 44% of TikTok’s all-time downloads were in 2019, but app hasn’t figured out monetization

9. Chinese automaker GAC in talks with Nio over potential USD 150 million investment

10. Chinese spatial data player Airlook has raised 100 million RMB in its Series B+ round of financing led by GF Qianhe, followed by Baidu Ventures, GGV Capital and Ivy Capital.

11. Taiwan’s TSMC forecasts sharp rise in first quarter revenue, bets on robust 5G demand


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1. Report: Indonesian startups took 70 per cent of travel tech funding in 2019

2. Gojek’s food delivery arm launches subscription service in Indonesia

3. Thai fashion platform Pomelo appoints former H&M executive as Chief Retail Officer

4. Venture Highway announces $78.6M second fund to invest in early-stage startups in India

5. Wipro Ventures announces $150M Fund II to invest in enterprise startups

6. Indonesian motorcycle ecommerce startup Moladin secures funding from East Ventures, others



1. Tesla says it plans to open China design and research center

2. Huawei offers British and Irish developers US$26 million to build apps for its new operating system



1. Alphabet public market capitalization tops $1 trillion

2. Microsoft to erase its carbon footprint, past and future, in climate push

3. Facebook sued in U.S. federal court for alleged anticompetitive conduct

4. Comcast bets ads work on streaming TV, plans NBC Peacock debut for April

5. WeWork’s leasing activity plunged 93% in the fourth quarter after failed IPO attempt

6. SiteMinder, a software company that focused on the hotel industry, raises $70M at $750M valuation after cresting $70M ARR in 2019

7. Hyundai and Kia put over $110M into UK electric delivery vehicles startup Arrival

8. SaaS startup WorkBoard triples again in 2019, raises $30M from a16z to celebrate

9. Matera raises $11.2 million to let you handle residential property management yourself

10. Loliware’s kelp-based plastic alternatives snag $6M seed round from eco-conscious investors

11. Epsagon scores $16M Series A to monitor modern development environments

12. Cyral announces $11M Series A to help protect data in cloud

13. Bolt raises €50M in venture debt from the EU to expand its ride-hailing business

14. Getsafe, the German insurtech, brings its contents insurance app to UK


Image Credits: SCMP

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