CHINA:
1. Cloud infrastructure services spend in China increased by 64% in 2019
2 Weibo opens e-commerce management tool to over 500 million users
3 Pinduoduo 拼多多 Employees Accuse Alibaba of Blocking Them From Proper Access to Taobao
5 Tencent-backed online education firm Yuanfudao 猿辅导 raises $1 billion in new round
6 China’s ZhenGe 臻格 Biotech banks $51m in Series A round
7 Chinese Travel Expense Management Platform Huilianyi 汇联易 Completes $42M Series C+ Round
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MOBILE-ONLY MARKETS:
2 Indian education technology company Unacademy buys GATE, ESE prep platform Kreatryx
3 Indian travel and hotel booking firm Ixigo cuts salary of every employee over coronavirus
4 Vickers Venture Partners secures USD 200 million for sixth fund
5 Singapore’s Pierfront Capital raises $200m for first close of private credit fund
6 Telehealth startup Doctor Anywhere raises $27m to fuel regional expansion
CROSS-BORDER:
1 Apple Supplier Foxconn’s Profit Drops in the Fourth Quarter
2 ADB to invest $100m in Indian wealth fund NIIF’s Fund of Funds
3 VMG, China’s XVC lead nearly $50m funding for US-based online grocer Weee
4 Chinese hologram provider WiMi trims US IPO range, now eyes $33m
OVERSEAS:
1. Facebook Messenger prepares Auto Status location type sharing
2 Niantic is updating Pokémon GO and other titles to support indoor gaming
3 Skype daily active users up 70% to 40 million
4 Microsoft brings Teams to consumers and launches Microsoft 365 personal and family plans
5 Energy Tech Unicorn RigUp Latest Startup To Lay Off In Austin
7 Transit Startup Via Raises $200M In EXOR-Led Series E, Reaches $2.25B Valuation
8 SoftBank-backed farming startup Plenty in talks to raise $100m
10 Air Doctor scores $7.8M to connect travellers with local doctors
11 Japan’s AI tech company AISing bags $6.5m in Series B round
Image Credits: TechCrunch