CHINA:
1. China market status 2020 shows e-commerce revenue up 20%
2. Bytedance appoints former Tiktok boss and Musical.ly founder Alex Zhu as Strategic Investment Head
3. Chinese electric vehicle Hozon Auto to go public on STAR Market in 2021
4. Alibaba Entrepreneurs Fund Invests In Chinese Cross-Border Fintech Firm Airwallex
5. Shenzhen Capital Group Joins New Round In Chinese Smart Garbage Sorting Firm Yueng
Check out our latest podcast about “Building the World’s Leading Mobile Analytics Platform from China with App Annie ” here
Check out our latest blog post about “Founders Explain How They Succeeded with Their MVPs” here
Join our upcoming webinar “Digital Transformation Converting Consumer Data into Gold”, where you will learn how to use data to innovate within your organization especially in a post-Covid19 world; Register here
MOBILE-ONLY MARKETS:
1. Indonesian ride sharing decacorn Gojek appoints Severan Rault as new CTO
2. India: Realty developer Phoenix Mills to raise around $133m via QIP
3. India: Online wholesale firm Bijnis raises $8.5m from Sequoia, Matrix Partners, others
4. Indian NBFC Avanse Financial Services raises $33.3m
5. Thailand’s digital payments firm 2C2P to accelerate SEA expansion with new investment arm
CROSS-BORDER:
1. Norway’s Adevinta buys eBay’s classifieds unit in $9.2b deal
2. China’s Oppo teams up with KDDI, SoftBank to bring its 5G smartphones to Japan
3. eBay launches e-commerce accelerator Global 24/7 in Singapore
4. Washington blacklists key Apple supplier amid US-China decoupling
5. Southeast Asian Vertex Growth, Kuok Group fund lead $30m funding in agtech firm Taranis
OVERSEAS:
1. Twitter bans 7,000 QAnon accounts, limits 150,000 others as part of broad crackdown
2. Apple says its supply chain and products will be 100% carbon neutral by 2030
3. Intel has worked with 100 groups on pandemic response and invested $30 million in 100 days
4. TikTok to hire 10,000 staff in the U.S. even though it’s at risk of being banned
5. Snap net loss balloons from year ago, revenue up 17%
6. Soundcloud founders launch Berlin-based e-bike subscription startup
7. LinkedIn cuts 960 jobs, 6% of workforce, as pandemic puts the brakes on corporate hiring
8. Insurtech startup unicorn Hippo raises $150M
9. Uber competitor Gett Raises $100M To Focus On Business Travelers
10 Australian drone analytics startup Propeller Aero raises $18m new funding
11. Fintech Startup Meemo Banks On $10M Investment For Finance App
12. Tech-enabled Sprout Brings In $10M Seed Round For Autism Care Platform
13. Plum raises $10M for its ‘smart’ money management app
14. Sora raises $5.3M to power its HR automation service
15. SmartHop Drives New Truck Dispatch Tool With $4.5M Seed Round
16. Insuring Startup Tech Platform Angle Health Lands $4M Seed For Insurance Plans
Image Credits: e27