CHINA:
1 TikTok-owner ByteDance said to have hit US$3 billion in net profit last year, showing brisk growth
2 JD and Kuaishou 快手 Likely to Team up for 618 on e-commerce livestreaming
3 Alipay Sets up Independent Search Department Headed by Taobao Veteran Yuan Huaibin
5 NetEase and JD.com Set for Secondary Listings in Hong Kong
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MOBILE-ONLY MARKETS:
1 Singapore tops up startup funding scheme to boost tech investments amid virus crisis
2 Singapore’s fintech startup GoBear nets $17m from existing investors
4 Indonesia’s Ideosource-owned Gayo Capital seeks to raise $10m venture debt vehicle
5 Indonesian startup Delman raises $1.6 million to help companies clean up data
6 Indonesia-based big data analytics firm Bonza bags funding from East Ventures
7 India’s contact tracing app Aarogya Setu is going open source
8 Indian co-working space operator Awfis raises $5.3m in fresh funding
9 Indian healthtech startup Remedo bags pre-Series A funding
CROSS-BORDER:
1 Google removes millions of negative TikTok reviews amid backlash in India
2 Apple begins offering Macs with custom configurations in India
3 Microsoft said to be in talks to invest $2b in RIL’s Jio Platforms
5 Sequoia, CICC Capital Pour $265M Into BYD 比亚迪 Semiconductor
6 Malaysia’s Xeraya Capital joins $120m round for US-based Rapid Micro Biosystems
7 UK-based AI chatbot Babylon Health leads a $30M Series B in US health kiosk operator, Higi
OVERSEAS:
2 Fintech regulations in Latin America could fuel growth or freeze out startups
3 Appeals court rules in favor of Google, Apple, Facebook and Twitter in anti-conservative bias suit
4 SpaceX’s first astronaut launch is scrubbed due to weather – next attempt set for Saturday
5 Amazon said to be in advanced talks to buy self-driving startup Zoox
6 Facebook launches Collab, a mix-and-match app for making collaborative music videos
7 Docker expands relationship with Microsoft to ease developer experience across platforms
8 Walmart partners with fashion consignment marketplace thredUP
9 Aircall raises $65 million for its cloud-based phone system
10 Enterprise home automation startup Scottsdale’s SmartRent Lands $60M Series C
11 Q32 Bio Comes Online With $46M Series A To Develop Immunity Therapeutics
12 Kentik raises $23.5M for its network intelligence platform
13 Fernish Lands $15M In Khosla-Led Series A For Furniture Rental Platform
14 MUFG Capital backs $6m funding in Japanese plant-based meat producer Daiz
15 RudderStack raises $5M seed round for its open-source Segment competitor
16 Census raises $4.3M seed to put product info in cloud data warehouses to work
17 Toro snags $4M seed investment to monitor data quality
Image Credits: SCMP