1. Chinese tech giant NetEase files for secondary Hong Kong listing, amid greater scrutiny over Chinese firms

2. ByteDance reportedly hit $3b in profit last year

3. Chinese tech giant Tencent raises $6b in debt

4. to invest $100m in Chinese electronics retailer Gome

5. Alipay joins livestreaming ecommerce trend with mini program

6. Klook pivots to home-based local experiences as it adapts to a new normal

7. Drone maker XAG in drive to automate rice farming in China amid labor shortage, COVID-19

8. Chinese flying taxi maker Ehang 亿航智能 gets approval to test drone deliveries for cargo weighing over 150kg

9. Volkswagen boosts EV push, to invest $2.3b in two Chinese ventures

10. Legend Capital Leads New Round In Chinese Background Check Platform iBeiDiao i背调


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1. US pension fund commits $25m to Lightspeed’s third India-focused fund

2. Vietnamese audio content platform Voiz FM gets seed funding from 500 Startups

3. Singapore AI startup Wiz nets $6m in pre-series A round led by GGV Capital

4. Singapore-based healthtech firm Endofotonics banks $8.5m to bring cancer detection tech to market

5. Singapore-based Beam scores US$26M from Sequoia, other VCs to scale its e-scooter rentals biz

6. Philippine on-demand salary platform Advance secures seed funding



1. SoftBank leads $500 million investment in Chinese ride-hailing firm Didi’s self-driving car unit

2. Tencent in talks to buy Warner Music stake

3. China’s Kunlun says U.S approves sale of Grindr to investor group

4. Uber looks to move APAC headquarters from Singapore to Hong Kong

5. U.S. senators urge probe of TikTok on children’s privacy

6. Chilean regulator approves Uber’s purchase of Cornershop

7. Japanese VCs eye investment in Indian mobility, healthtech startups



1. SoftBank has doubled Vision Fund CEO’s pay to $15 million despite record losses of $18 billion

2. Amazon, Target and Apple scale back business in cities hit hard by protests

3. Cisco acquires ThousandEyes for around $1 billion to make deeper push into software

4. Zoom plans to roll out strong encryption for paying customers

5. Uber’s latest feature lets riders book by the hour and make multiple stops

6. Audi launches high-tech car unit Artemis to fast-track a ‘pioneering’ EV to market

7. Ola Electric acquires e-scooter firm Etergo to launch own two-wheelers in 2021

8. Softbank-backed Coupang under scrutiny after S.Korea warehouse virus outbreak

9. Mexican broadcaster Televisa to launch mobile phone service, challenging Slim

10. Payments Startup Marqeta’s Valuation Jumps to $4.3B With New $150M Funding Round

11. Fintech startup Brex Cuts Staff After Raising $150M

12. RemoteHQ’s $2.7M Seed Round Helps Expand Remote Work Alternative

13. Tia, Stork Club Secure Funding To Boost Women’s Health Care Options


Image Credits: SCMP

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