1 Huawei said to ask Samsung, SK Hynix for stable supply of memory chips

2 Alibaba in Q1 2020: 960 million active consumers globally

3 Pinduoduo in Q1 2020: 600 million active buyers, up 42%

4 Hong Kong biotech startup Pacific GeneTech joins global search for African swine fever vaccine

5 Xiaomi-backed chip developer VeriSilicon 芯原微电子 gets green light for $111m STAR Market IPO

6 Memory security service provider Anxinsec 安芯网盾 raises $1.4m, led by GL Ventures

7 Healthtech company Lidarongyi 立达融医 raises $1.4m in Series A2, led by SIG

8 Saas and aPaaS platform, HuiCloud 慧友云商 raises $1.4m in Series B

9 Online education platform Fuulea 辅立码课 raises $140k in Angel Round


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1 Reliance launches JioMart online grocery service to rival Amazon, Flipkart

2 Indian fintech digital lender Lendingkart lays off 30% of its staff as coronavirus impacts business



1 India overtakes China in fintech funding in Jan-March quarter

2 Snapchat India daily active user base grew 120% in March on annual basis

3 Nissan, Renault Prepare Billions of Dollars in Cuts

4 Rocket Internet-backed Flash Coffee expands to Thailand

5 Singapore- and US-headquartered investor B Capital partners startup incubator Antler

6 Alibaba-backed Indian leading online grocer BigBasket eyes up to $200m in new fundraise



1 TV ad impressions drop nearly 27% for gaming brands

2 Nvidia CEO Jensen Huang on the Metaverse, permanent WFH, and accelerating raises


Image Credits: CapitalWatch

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