1. Didi launches errand service to compete with Meituan,

2. Ride-hailing app Didi is testing home delivery services

3. Didi, Legend Holdings each gain 32% stake in Hyundai’s Chinese insurance business

4. Xiaomi To Target High-End Market, Leaving Cost-Effectiveness Behind

5. Pinduoduo posts mixed Q4 earnings, fails to surpass’s GMV

6. China’s old-school portal giant Sohu earns first quarterly net profit in four years

7. Oyo China operations are on the brink of collapse

8. IoT solutions developer RocKontrol eyes $141m in Shanghai IPO

9. Self-driving startup Neolix secures RMB 200 million in Series A+ led by EV maker Lixiang

10. Taipei-based TNL Media Group acquires adtech startup Ad2iction

11. Chinese edge computing-based cloud service provider VDN Cloud 视界云 closes $14m in Series A+ round


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1. Proptech investments in Southeast Asia grew to US$72.9M in 2019, says study

2. Indian payments app FamPay nets $4.7m from Y Combinator, Sequoia India, others

3. Koh Boon Hwee’s new US$100M VC fund Credence Partners to invest in Series A, B firms in Southeast Asia

4. Grab, Wirecard launch payments partnership in Southeast Asia

5. Sales automation startup Novocall bags $500k in 500 Startups-led round

6. Lippo Group makes strategic investment in Singapore payments startup MoolahGo

7. Manila-based accelerator IdeaSpace launches new fund for early-stage startups in the Philippines

8. Indonesian health tech apps see surge in downloads due to COVID-19



1. TikTok steps up transparency efforts after privacy concerns in United States

2. TikTok owner ByteDance scores video game hit in Japan, sharpening rivalry with Tencent

3. Singapore’s Trax acquires US-based retail service platform Survey

4. US-based medtech firm Breath-Dx raises funds from Singapore VC firm

5. Singapore’s SPH Ventures backs $3m seed round in US-based

6. California’s New Energy Nexus invests $5m in Indian lender cKers Finance



1. Sweden fines Google $8 million for right-to-be-forgotten violations and demands it keep websites in the dark

2. US is preparing to ban foreign-made drones from government use

3. NEA, venture capital’s quiet giant, closes on $3.6 billion

4. S Korea’s Mirae Asset raises $47m for new VC fund

5. AT&T’s Xandr launches TV ad buying tool, partners with Disney

6. Amazon launches $25 million relief fund for delivery drivers and seasonal employees amid coronavirus outbreak

7. Twitter is forcing its 4,900 employees to work from home

8. DHL will deploy 1,000 robots from Locus Robotics for delivery fulfillment

9. Unity acquires Dublin-based deep learning startup Artomatix

10. Visual One smartens up home security cameras with object and action recognition

11. Cybersecurity company Arctic Wolf Lands $60M Series D 

12. SpotOn Raises $50M To Help SMBs Operate More Efficiently

13. Human Interest Raises $40M Series C To Close Retirement Savings Gap for SMBs

14. Neolix raises $29 million to mass-produce autonomous delivery shuttles

15. Assembled raises $3.1M led by Stripe to build ‘the operating system for support teams’

16. Superpeer raises $2M to help influencers and experts make money with one-on-one video calls


Image Credits: Tech in Asia

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