Globalization of Chinese companies
This year, the actual overseas sales revenue of China's self-developed games achieved double-digit growth.According to China Securities Network, the 2021 China Game Industry Annual Conference was held in Guangzhou on December 15. At the Game Sailing and Communication Forum, experts at the meeting revealed that the actual sales revenue of China's self-developed games overseas this year has achieved double-digit growth. The overseas market has a large potential revenue growth space. According to the agency's prediction, the potential scale of domestic games going to sea in 2024 will reach US $69.1 billion (equivalent to RMB 439.8 billion), 4.5 times the scale of revenue going to sea in 2020.
Hytera: Sign the procurement contract for special communication equipment of a customer in Africa.According to the Securities Times, Hytera announced in the evening of December 15 that its wholly-owned subsidiary, Hytera Communications (Hong Kong) Co., Ltd., had signed a contract for the purchase of special communication equipment and related technical services with an overseas entity. The project is mainly to build a digital trunking communication system and provide digital trunking communication terminal products for customers in an African country. The total contract amount is 9.6309 million US dollars (about 61.29 million yuan).
Intel confirmed that it will invest nearly 7.1 billion dollars in Malaysia to build new advanced packaging facilities.According to the interface report, Intel CEO Kissinger said on Thursday that the company will invest 30 billion ringgit (about US $7.1 billion) in Malaysia in ten years to build new assembly and testing facilities. Kissinger said that the advanced packaging facility in Malaysia is expected to start production in 2024.
Singapore social e-commerce company abillion completed round A financing of 10 million US dollars.According to e27, this round of financing is led by 1/0 Capital. It is reported that the new funds will be used to strengthen abillion's product development, engineering and design capabilities. In addition, the company plans to use the funds to establish a point-to-point market in the abillion app, so that consumers can sell sustainable products and services to each other. Abillion was founded in July 2017 by Vikas Garg, a former investment banker and fund manager, to use social media and e-commerce to achieve environmental sustainability goals.
India's payment technology platform, Juspay, received a round C financing of 60 million US dollars.According to The Economic Times, this round of financing is led by Softbank Vision Fund 2, with existing investors VEF and Wellington Management participating. It is estimated that this financing will increase the valuation of Juspay from $140 million in the previous round to $460 million in this round. It is reported that Juspay will invest this fund in technology and product development to expand its payment market in India and around the world. Founded in 2012, Juspay provides businesses with end-to-end payment processing technology and offline payment solutions.
India's buy before pay platform Uni received a round A financing of 70 million US dollars.According to The Economic Times, this round of financing led by General Catalyst is one of the second largest round A financing in the local area. After financing, the valuation of Uni reached 350 million dollars. Eight Roads Ventures, Elevation Capital, Arbor Ventures and existing investors Lightspeed and Accel of Uni participated in the investment. With this financing, the total financing of Uni has reached 88.5 million dollars. Uni said in a press release that the funds will be used to expand its team size, launch new product categories, and further improve the technology level to improve the user experience. Uni was established last year to provide users with three-month, three-stage, interest free, buy and pay installment credit services through its Pay 1/3rd consumer card.
Europe and America
Canada's inflation rate hit a 30 year high in November.According to CCTV News, the statistics released by Statistics Canada on December 15 local time showed that the Canadian consumer price index in November increased by 4.7% over the same period of the previous year, the same growth rate as that in October and the highest in 18 years. However, in the second decimal place, the inflation rate of 4.72% is the highest since September 1991, a new high for 30 years. All eight major components of the consumer price index are rising. Since April, the inflation rate has exceeded the Bank of Canada's target range of 1% to 3%.
Benitago, the acquirer of Amazon brand, received a round A financing of 325 million US dollars.36 Krypton has learned exclusively that Benitago, the acquirer of Amazon brand, has recently received a round A financing of 325 million US dollars. This round of financing is led by CoVenture, an asset management company, and followed by HSBC UK. This round of financing funds will be mainly used to further build its product development studio, expand the Amazon brand acquisition scale, and continue to expand its brand portfolio in multi platform channels.
Australia and New Zealand
VOLY, an online supermarket in Australia, received seed round financing of about US $13 million.According to Startup Daily, Australian online supermarket VOLY completed seed round financing of A $18 million (about US $13 million) just five months after its launch. This round of financing was led by Sequoia India, and was followed by Global Founders Capital (GFC) and Australia Artesian Capital. This fund will be used to expand the team of VOLY before its nationwide promotion. VOLY was launched in July 2021, aiming to enter the fast food distribution market, promising to deliver goods to your home in 15 minutes or less, and currently provides services in 42 suburbs of Sydney.
Inventia Life Science, an Australian biotechnology startup, received round B financing of about US $25 million.According to Startup Daily, Australia's biotechnology startup Investia Life Science has received a round B financing of 35 million Australian dollars (about 25 million US dollars). This round of financing is led by Blackbird Ventures and co invested by Skip Capital and Scott Farquhar. Inventia is committed to promoting 3D bioprinting technology. This fund will be used to expand the company to the United States, increase the number of employees from 36 now to 150 in 2024, and promote its RASTRUM 3D cell culture platform.
Olist, a Brazilian e-commerce solution provider, completed an E-round financing of US $186 million.According to TechCrunch, this round of financing is led by Wellington Management, followed by Softbank, Corton Capital and Valor Capital Group. After this round of financing, its valuation reached $1.5 billion. Olist is committed to helping small stores reach more users through the SaaS licensing model for small physical enterprises.
Samsung Electronics officially established a robot business team.According to Tech Web, Samsung Electronics recently set up a robot business team, which plans to increase investment and actively promote the commercialization of household robots. Samsung Electronics upgraded a robot commercialization working group to an official organization and named it the robot business team, which has been an unofficial unit before. This working group has previously promoted two robot projects, namely, the nursing service robot Samsung Bot Care and the home service robot Samsung Bot Handy. Samsung Electronics is expected to actively invest in the robot field and promote mergers and acquisitions.
Nissan plans to build new battery recycling plants in the United States and Europe by 2025.According to the interface, Nissan plans to build new battery recycling plants in the United States and Europe before the end of fiscal year 2025. According to the report, with the price of rare metals rising, Nissan hopes to recycle batteries and reuse them in electric vehicles, which will help reduce production costs. These plants will be Nissan's first battery recycling facilities outside Japan. Nissan announced the promotion of electrification last month, promising to invest 2 trillion yen in five years to improve the degree of automobile electrification. Nissan said it plans to launch 23 electrified vehicles, including 15 electric vehicles, by 2030.
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