Globalization of Chinese companies
CITIC Securities: It is expected that the overseas sales of Chinese auto enterprises will continue to increase in the future.According to the Securities Times, CITIC Securities believes that automobile electrification has transformed the drive system from the traditional "engine+gearbox" to "battery+motor+electronic control". The supply chain has turned from closed to open. China's electrified supply chain has gone to sea with its cost advantage. In the future, intelligence will become the winner or loser in the industry. Chinese auto enterprises are expected to continue to expand their leading advantages over overseas auto enterprises by virtue of their first mover advantage and rapid iteration, laying a solid foundation for overseas market expansion. Chinese auto enterprises such as BYD, Great Wall, Weilai, etc. have started to export overseas. It is expected that the overseas sales of Chinese auto enterprises will continue to increase in the future, realizing the qualitative change of China's auto industry from "supply chain going overseas" to "vehicle going overseas".
Enjie Shares: It is proposed to invest up to 157 million euros in the Hungarian wet lithium battery isolation membrane project.36 Krypton learned that Enjie announced that the Board of Directors agreed to invest up to 157 million euros in the Hungarian wet lithium battery isolation membrane project for infrastructure construction and the addition of three coating production lines, slitting equipment and other related supporting facilities; After this additional investment, the total investment of the company's Hungarian wet lithium battery isolation membrane project is estimated to be about 340 million euros.
CHAI, a payment solution provider in Singapore, received a round B+financing of 45 million US dollars.According to e27, the current round of financing is jointly led by existing investors SoftBank Ventures Asia and Nyca Partners, with KT Investment, Conductive Ventures, Nordstar Capital and Samsung Next participating. CHAI will use the new funds to expand its Southeast Asian market and develop a "fully automated end-to-end payment infrastructure" for digital merchants across Asia.
CapBay, a Malaysian financial technology startup, completed financing of 7 million US dollars.According to e27, Malaysia P2P platform CapBay recently received an investment of RM30 million (about USD 7 million) from Kenanga Capital Islam, a subsidiary of Kenanga Investment Bank Berhad. The funds will help CapBay develop its Islamic law compliant supply chain finance sector, CapBay Islam. CapBay was established in 2016 to provide financing solutions for SMEs and help them develop. The company, formerly known as CapitalBay, launched P2P services in March 2020.
Apple has started trial production of the iPhone 13 in India, and it is expected to start formal mass production in February next year.According to the Associated Press of Finance, two industry executives said that at the request of Apple, Foxconn's mobile phone assembly plant in Chennai, southeast India, had begun trial production of the iPhone 13. The company is expected to start formal mass production in February next year to meet the domestic and export needs of India. In the iPhone 13 series, the iPhone 13 is the largest model sold in India. Apple does not plan to produce the iPhone 13 Pro and iPhone 13 Pro Max in that country.
Zepto, an Indian grocery distribution startup, received $100 million in financing.According to The Economic Times, this round of financing is led by Y Combinator Continuity Fund, with Glade Brook Capital, Nexus Venture Partners, Global Founders Capital and Contrary Capital participating in the investment. At present, Zepto is valued at USD 570 million. Zepto plans to use the new funds to expand its business scope, develop different commodity categories and strengthen its back-end technology. Zepto was established in 2020, and launched the delivery of groceries within 10 minutes in April this year.
Europe and America
Oracle invested $28.3 billion in the healthcare industry to acquire Cerner.According to Tencent Technology，On Monday, Oracle announced that it would buy Cerner, an electronic medical record company, for $95 per share in cash, totaling about $28.3 billion. This transaction is expected to be completed in 2022. By introducing a large amount of health data into its cloud service, Cerner can help Oracle improve its influence in the healthcare field. This acquisition is Oracle's largest ever.
Turing, an American intelligent talent cloud technology company, won a D-round financing of 87 million US dollars, becoming one of the unicorns.According to TechCrunch, this round of financing is led by WestBridge Capital, followed by Foundation Capital and the new investor StepStone Group. After this round of financing, the company's current valuation is about 1.1 billion dollars. Turing is committed to using AI to remotely purchase, evaluate, hire and manage engineers on the Talent Cloud platform. Its customers include Johnson&Johnson, Coinbase, Rivian, Dell, Disney, Plume and VillageMD.
Australia and New Zealand
Vivi, an Australian education technology startup, received a financing of US $20 million.According to TechCrunch, Vivi, an Australian education technology startup, recently received a financing of $20 million from Quad Partners, an investment institution in the education industry. The new funds will be used to improve its platform, upgrade its operational infrastructure, expand overseas markets, and hire more sales and marketing teams in the Americas, Europe and Asia. Vivi was founded in 2016 to help students immediately share their screens with the class or group in the classroom for immediate feedback. At present, Vivi provides wireless demonstration and screen image technology for more than 40000 classrooms around the world. Its business covers 12 countries/regions in Australia, Europe, the Middle East, Southeast Asia and the Americas.
Columbia financial technology company ADDI completed the round B+financing of 200 million US dollars.According to Labs, ADDI, a Colombian financial technology company, announced that it would obtain US $200 million financing (40% equity financing and 60% debt financing) to continue to accelerate its expansion in Latin America (mainly Colombia, Brazil and Mexico). This round of equity financing is led by GIC, followed by Softbank Latin America Fund, and the debt financing agreement is with Goldman Sachs and Architect Signature. Founded in 2018, ADDI provides buy before pay (BNPL) solutions for consumers who cannot use credit cards to pay.
Toyota decided to suspend production at five Japanese factories in January next year.According to the interface report, Toyota Motor said on Monday that it would suspend the production of five domestic factories in January due to supply chain problems, chip shortages and the COVID-19. It is reported that Toyota said that the shutdown of these plants will affect about 20000 vehicles, but will not affect its annual production target of 9 million vehicles. Last week, Toyota said that due to supply chain problems, it is expected that North America's auto production will be reduced to 50000 units in January.
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