1. Xiaomi launches its first foldable phone and camera chip as it looks to challenge Samsung

2. Chinese smartphone giant Xiaomi to launch electric car business with $10 billion investment

3. China’s Geely to set up new aerospace company

4. Tencent to Equip Audi Cars with In-Car WeChat, QQ Music in New Partnership

5. Chinese state shipping giant COSCO takes stake in Bank of Kunlun

6. Chinese delivery firm FlashEx scores USD 125 million from Shunwei, SIG

1. Over 60% Chinese Gen-Z prefer domestic car brand; 1/4 prefer new energy vehicle

2. Huawei gains payment license after latest acquisition

3. Buffett-backed Chinese EV maker BYD profit up 162% in 2020

4. Didi said to be raising money for autonomous driving unit at US$6 billion value

5. China’s Didi Chuxing to start ride-hailing service in South Africa

6. Chinese startup Energy Monster caught in legal dispute ahead of US listing

1. Tencent Music announces biggest ever $1 billion share buyback

2. Chinese livestreaming firm Joyy posts revenue of $578m in Q4

3. Meituan’s community group-buying expansion mires firm in losses

4. Chinese Social E-commerce App Xiaohongshu Hires New CFO From Citigroup

5. Southeast Asian tech startups raised $8.2b in 2020 despite Covid-19 impact

1. China’s Hillhouse Capital to buy Philip’s appliance arm for $4.37b

2. Chinese smartphone maker Xiaomi to make EVs using Great Wall’s plant

3. PUBG Mobile reports 1 billion accumulated downloads since 2018 launch

4. Tencent reports USD 74 billion revenue for 2020

5. Chinese yogurt brand Simple Love raises $122m for supply chain upgrade

1. TikTok owner ByteDance hires CFO in a step towards IPO

2. China’s Didi leans towards New York for IPO, eyes valuation of at least $100 billion

3. Tencent’s quarterly revenue jumps as online gaming surges

4. H&M removed from Chinese apps over Xinjiang cotton boycott

5. Nio reaches milestone for battery-swap program

6. Kuaishou shares dive after first annual report

1. Tencent Music quarterly revenue rises on paying-user additions

2. China’s JD.com to invest $800 million in Dada Group

3. ByteDance acquires gaming studio Moonton at around $4 billion valuation

4. Bain Capital invests $200 million in Chinese tech startup Newlink

1. 70% Chinese enterprises believe China will see V-shaped recovery

2. Didi Chuxing planning for an IPO in the next quarter

3. Chinese sportswear brand Li Ning bucks retail decline, posts better-than-expected net profit for 2020

4. Southeast Asian startups raised $8.6b in 2020 — just 16.5% of it went to women-led firms

5. Gojek-backed wealth-tech startup Pluang bags $20m in pre-series B round

6. Segari, the e-grocery startup of ex-Grab, Traveloka execs bags seed money in Beenext-led round

7. Indian insurance aggregator Policybazaar raises $75m led by Falcon Edge ahead of IPO

8. PH live streaming app Kumu finalizing $15m Series B funding

9. YouTube launches its TikTok rival in the U.S., named as YouTube Shorts

1. Baidu will be charging robotaxi passengers in Cangzhou on a trial basis

2. ByteDance to design AI chips amid China’s tech independence drive

3. Housing transaction and services platform Beike shows strong performance for fiscal 2020

4. Tencent pours $429m into Chinese gaming firm Century Huatong Group to increase stake

5. Chinese logistics startup Duckbill scores USD 50 million from Temasek, others

6. China’s BYD hires engineers for Europe EV battery plant

7. Middle East start-up Pure Harvest Smart Farms that grows food in the desert raises $60 million in funding

8. Singapore-founded PatSnap snaps up $300M round led by SoftBank, to help R&D departments innovate more quickly and take products to market faster

9. Beenext-backed Indian fintech startup Yap bags $10m in series B round

10. Trading platform eToro to go public via SPAC merger in $10B deal

1. China’s Ant Group CEO leaves after failed IPO prompts revamp

2. Tencent is next in line to face Chinese antitrust regulators

3. Alibaba-backed AI startup Megvii files for IPO in Shanghai

4. Xiaomi-backed Chinese mobile solutions firm Longcheer nets $100m in series B round

5. Indian D2C beauty and personal care brands become a darling of VCs

6. India: Beauty brand Juicy Chemistry raises $6.3m led by Verlinvest

7. Temasek-backed Openspace Ventures closes its third Southeast Asia fund at $200m

8. VNG invests US$6mn in Got It, to launch premium instant P2P gifting solution in Vietnam

9. Stripe raises new capital, reaching $95 billion valuation ahead of highly anticipated market debut

1. Baidu wins USD 16.1 million bid to upgrade roads for autonomous driving in Chengdu

2. JD.com’s revenue rises by 31% in Q4 due to growth in online shopping

3. Warburg, Hillhouse Capital lead $700m Series A funding in JD Property

4. Real estate portal Julive raises USD 61.5 million from Tencent, Oceanpine

5. Fitness service provider 爱动健身 Aidong.me raised over 100 million RMB in Series C

6. Viu leads Southeast Asia’s video-streaming market with 30m users, report shows

7. Indonesian beauty platform Social Bella said to be in talks to raise $75m

8. Vietnam’s VNG Corporation invests $6m in gifting platform Got It

9. Oyo’s Singapore unit receives $204m term loan from SoftBank’s UK arm

10. SaaS firm Icertis plans to expand in SE Asia after $80m funding led by B Capital

1. Chinese electric carmakers add $13.65 billion in value as Tesla surges

2. Tencent makes USD 120 billion from investments in stock rally

3. Alibaba steps up for community group buying market in China

4. Ant-backed Chinese bike-sharing startup Hello Bike eyes $1b in US listing

5. E-signature provider 法大大 Fadada raised 900 million RMB in Series D, led by Tencent

6. Savannah Fund launches $25M fund to invest in African startups at seed and Series A

7. Grab mulls SPAC merger for US listing

8. Indian ride-hailing unicorn Ola sees its valuation drop by 50% to USD 3 billion

9. Dailyhunt parent VerSe acquires Indian photo-sharing platform Vebbler

10. Value of Public Cloud Companies More Than Doubled To $2T In Pandemic, Bessemer’s Latest Cloud Report Says

11. Optibus picks up $107M for an AI-based planning and operations platform aimed at mass transportation

1. Chinese EV trio Li Auto eye HK listings this year to raise combined $5 billion

2. On-demand retail firm Dada says GMV on JD-Daojia doubled in 2020

3. Kuaishou now sells EVs via livestreaming

4. SOSV Chinaccelerator portfolio company Ushopal, a partner for luxury beauty brands, bags $100m led by FountainVest

5. Gojek, Tokopedia sign conditional sales agreement for merger deal

6. Gojek joins LinkAja’s Grab-led series B round

7. Indian edtech startup Quizizz raises $12.5m funding led by Eight Roads

8. Indian Insurtech platform Turtlemint closes Series D at $46m after Jungle Ventures funding

9. Dropbox acquires DocSend for $165M

10. Cedar raises $200M for health billing platform

1. China is among ‘most active’ markets for mergers, Deutsche Bank top banker says

2. Xiaomi subsidiary to own nearly 50% of AMTD Capital after strategic investment

3. JD.com’s fintech arm may withdraw its IPO in Shanghai

4. Chinese Q&A app Zhihu files for US IPO

5. Cross-border ecommerce company 洋码头 Yangmatou raised several hundred million RMB in Series D+

6. WOW COLOUR, beauty shop for Chinese Gen Z, raised 500 million RMB in Series A

7. Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz

8. Egypt’s customer engagement platform for F&B brands in MENA, Koinz, raises $4.8M seed

9. India’s Tata in talks to partner with online classifieds giant JustDial before launching its own super app

10. Line’s Thailand social bank pulls in 2 million users in 4 months

11. PayPal is acquiring crypto security company Curv, for less than $200 million

1. Edtech firm GSX reports revenue increase as expenses widen.

2. Nio forms JV with automaker JAC in attempt to take production in-house.

3. Five Chinese Group-Buying Platforms Fined 6.5M Yuan ($1M) for Improper Pricing.

4. TikTok Owner ByteDance Invests $25M in Self-Driving Startup QCraft.

5. Nasdaq-listed Qutoutiao’s Midu raises $110m in Series C round.

6. Indonesian logistics startup SiCepat raises $170 million Series B.

7. Indonesian e-commerce unicorn Bukalapak may tap local market IPO in Q3 2021.

8. Singaporean ride-hailing app Ryde plans local IPO in 2022.

9. Toyota VC invests in AI startups, firms that refine everyday processes.

1. ByteDance developing Clubhouse-like app for China amid copycat rush.

2. ByteDance to boost education business with 13,000 new hires.

3. Trip.com’s revenue decline slows in Q4, as it expects a strong travel rebound.

4. Hong Kong fintech Kiwi Pay merges with Meal Temple to launch a super app.

5. Alibaba acquires Bangladeshi food delivery startup HungryNaki.

6. Indian ecommerce giant Flipkart said to eye U.S. listing via SPAC.

7. Indonesia set to regulate e-commerce to stop predatory pricing.

8. Indonesia’s last-mile delivery startup SiCepat raises $170m from Falcon House, MDI, others.

9. Anghami, the leading music streaming platform in the Middle East and North Africa, to list on Nasdaq via SPAC at USD 220 million valuation.

10. Spain to use EU funds for electric-car battery plant with SEAT, Iberdrola.

11. Dorsey’s Square is acquiring a majority stake in Jay-Z’s streaming music company Tidal.

1. Pinduoduo says agricultural GMV hit record high ahead of annual earnings release.

2. China’s cosmetics startup Yatsen to buy 35-year-old skincare brand Eve Lom.

3. Qiming invests $15m in Morewis, a developer of industrial software and systems.

4. Tencent-backed Chinese cloud IoT provider Tuya files for US IPO.

5. Insurtech platform Symbo secures US$9.4M Series A, acquires digital health platform Vivant.

6. Cashify raises $15 million for its second-hand smartphone business in India.

7. Tokopedia launches online grocery service Tokomart.

8. Indonesia’s Payfazz pours $30m in Xfers, forms Fazz Financial Group.

9. Volocopter raises $240M for electric air taxis.

10. Deliverr scores $170M to bring fast delivery to every e-commerce vendor.

1. Mobile phone subscribers in China reached 1.59 billion in 2020.

2. ByteDance plans to relocate its Douyin e-commerce unit to Shanghai.

3. China value retailer Miniso revenues down over 18% in Q4 2020.

4. Surreal AI 诗云科技 raised several million USD in angel round, leveraging AI to create content.

5. SOSV names the 7 startups that make up MOX’s 10th cohort.

6. Paytm claims top spot in India’s mobile payments market with 1.2B monthly transactions.

7. Indian payments firm PhonePe clocks 972m transactions on UPI in February.

8. Good Doctor Indonesia launches separate app from JV partnership with Grab.

9. SoftBank’s internet business Z Holdings to invest $5 billion to resist overseas tech giants.

10. Instagram launches ‘Live Rooms’ for live broadcasts with up to four creators.

1. China’s Huawei, reeling from U.S. sanctions, plans foray into EVs.

2. Bilibili is transforming into China’s YouTube as dedicated ‘uploaders’ look beyond niche anime, comics and games.

3. Edtech company Youdao 有道 doubles its revenue in 2020 in robust online market.

4. Tencent invests in Youye Technology, a provider of industrial internet services.

5. Low-code PaaS platform ClickPaaS raised over 100 million RMB in Series B.

6. Asia Pacific records a decline in fintech investment.

7. Singapore-based Raena gets $9M Series A for its pivot to skincare and beauty-focused social commerce.

8. GIC to buy shares worth up to $225m in Gojek-backed Bank Jago.

9. India’s Reliance partners with Google, Facebook for digital payment network bid.

10. Nvidia, Intel back USD 65 million funding round for Israeli startup Pliops.