And, Singapore venture capital firms HealthXCapital and Blume led the investment in the healthcare platform Medfin; Indian startups raised US$9.3 billion in 2020; Provident Acquisition submitted an IPO application to the US Securities Regulatory Commission with a financing amount of US$200 million; Facebook closed its Irish subsidiary , To transfer billions of dollars of profits back to the United States.
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Globalization of Chinese Enterprises
TikTok Europe general manager: European monthly active users exceed 100 million. According to Pinwan reports, Rich Waterworth, the general manager of TikTok Europe, recently issued an open letter reviewing TikTok’s past year. It stated in the letter that TikTok has developed rapidly in the past year, with more than 100 million monthly active users in Europe, and the content on the platform has also been comprehensive. He said: “This really surprised me. In my opinion, TikTok has successfully integrated into the popular culture of London and the entire UK in 2020.”
Southeast Asia
Provident Acquisition submitted an IPO application to the US Securities Regulatory Commission, with a financing amount of up to 200 million US dollars. According to a report by Deal Street Asia, Provident Acquisition, a SPAC company focusing on outstanding technology startups in Southeast Asia, has recently formally submitted an IPO application to the US Securities Regulatory Commission and plans to list on the Nasdaq under the stock code PAQU. According to the prospectus, Provident Acquisition plans to raise US$200 million. It is reported that it has hired Citibank for the stock placement.
India
Singapore venture capital firms HealthXCapital and Blume led the investment in the healthcare platform Medfin. According to vccircle reports, Singaporean venture capital firms HealthXCapital and Blume recently led the latest round of financing of Indian healthcare platform Medfin, the specific amount has not been disclosed. Medfin is an online medicalThe health care platform aims to help patients understand surgical procedures and related diagnosis processes more conveniently. In addition, it also provides services such as doctor consultation, treatment plan formulation, and treatment cost estimation. It is reported that the funds will be used to establish mobile medical centers and purchase medical equipment.
In 2025, the scale of Indian social e-commerce will reach 7 billion US dollars. According to KrAsia reports, the market consulting firm Redseer Consulting reports that the scale of Indian e-commerce market reached 38 billion U.S. dollars in 2020, and social e-commerce accounts for 1%-2% of it. It is expected that the scale of Indian e-commerce will increase by 2025. At 140 billion U.S. dollars, social e-commerce will account for 4% to 5% of this, which means that by 2025, India’s social e-commerce may reach 7 billion U.S. dollars. Currently, online shopping users in India are mainly concentrated in first-tier cities, and relevant data shows that online shopping users in second-tier, third-tier cities and smaller urban areas are increasing, and major e-commerce platforms are also formulating new platform development strategies for users in these areas.
In 2020, Indian startups raised US$9.3 billion. According to TechCrunch, the economic slowdown caused by the epidemic has had a negative impact on the fundraising of Indian startups. According to data compiled by the market research agency Tracxn, Indian startups have raised US$9.3 billion as of December 23 this year. It was 14.2 billion US dollars in the same period last year, a decrease of 34%. But this year, 11 companies are among the unicorns, compared with 9 last year.
Europe and America
Musk said he will go all out to achieve the goal of delivering 500,000 electric vehicles by 2020. According to TechWeb reports, Tesla CEO Elon Musk said in the latest email sent to employees that the company can still achieve its goal of delivering 500,000 electric vehicles in 2020, but everyone needs “Go all out.” Musk said in the email: After today, we only have 5 days to achieve the historic milestone of 500,000 car manufacturing and delivery. Please go all out to achieve this goal, the entire company needs to unite to achieve this great milestone.
Facebook closes its Irish subsidiary and transfers billions of dollars in profits back to the United States. According to Tencent Technology, the social networking giant Facebook has taken action to close a number of Irish holding companies that have helped Facebook transfer billions of dollars in profits to Ireland pays taxes because IrishThe tax rate is lower. According to reports, these Irish companies hold Facebook’s intellectual property rights and sell them in international markets, thereby transferring most of Facebook’s intellectual property sales outside the United States. Earlier, the US Internal Revenue Service took Facebook to court, saying it was transferring funds through Ireland to avoid US taxes.
Other
In 2020, the investment and financing scale of Israeli technology startups will increase by 55%. According to a report by KrAsia, according to a report by PricewaterhouseCoopers, due to the rapid growth in demand for cloud computing, network security and home office technology during the epidemic, the average value of a single transaction in Israel in 2020 will increase to US$257 million , An increase of 207% over 2019. Although the number of IPOs and mergers and acquisitions in Israel this year has declined, its cumulative transaction value has soared to US$15.4 billion, an increase of 55% from the US$9.9 billion in 2019.
文｜依丽@出海
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