CHINA:
2 Xiaomi Smartphone Demand Rebounds, Q1 Revenue and Profit Beat Estimates
3 Bytedance Valuation in Private Markets Exceeds $100 Billion
4 Bytedance Acquires Online Medical Encyclopedia Baike Mingyi 百科名医
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MOBILE-ONLY MARKETS:
1 Vietnamese e-commerce firms Tiki, Sendo said to have agreed on merger
2 Indian insurtech firm Riskcovry bags pre-Series-A funding
4 Singapore’s e-commerce player Shopee parent Sea Group prices $1b convertible notes at 2.375%
5 Southeast Asian ride-hailer TADA announces extended Series A funding
CROSS-BORDER:
1 US House Republicans press TikTok on use of kids’ data, ties to Beijing
2 Facebook rolls out feature to help women in India easily lock their accounts
3 Mapbox and SoftBank form joint venture to provide mapping tech to Japanese developers
4 Amazon launches food delivery service in India
5 KKR to invest $1.5 billion in India’s Reliance Jio Platforms
7 Singapore’s GIC leads $50m funding in San Francisco-based user behaviour tracker Amplitude Analytics
OVERSEAS:
1 Spotify will let employees work from home through the end of year
2 Netflix to start cancelling inactive customers’ subscriptions
3 Samsung Electronics starts work on sixth chip-making line, to take on bigger rival TSMC
4 Fitbit launches a COVID-19 early detection study, and you can join from the Fitbit app
5 Personal finance tracker Copilot adds support for Apple Card spreadsheet imports
7 Aspiration, the LA-based fintech focused on conscious consumerism, raises $135 million
8 Insurtech company States Title Secures $123M Series C For Faster Mortgage Closings
9 NoSQL cloud databaseCouchbase raises $105M Series G funding round
10 With an ex-Uber exec as its new CEO, digital mental health service Mindstrong raises $100 million
11 Ecwid Lands $42M To Boost E-Commerce Solutions For Small Businesses
12 Chief Raises $15M To Expand Network For Women Leaders
13 Virtual events startup Run The World just nabbed $10.8 million from a16z and Founders Fund
14 VergeSense, An AI-Powered Workplace Sensor Provider, Lands $9M In Funding
15 Skyflow raises $7.5M to build its privacy API business
16 Automattic pumps $4.6M into New Vector to help grow Matrix, an open, decentralized comms ecosystem
Image Credits: Bangalore Mirror