China Corporate Globalization Weekly | Geely and Waymo reach cooperation; CEO of Indonesian e-commerce giant Bukalapak will resign

2022-11-21
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Author:36 krypton goes to sea
Source: 36kr

Major events of globalization of Chinese companies worth paying attention to this week

Geely has entered into cooperation with Waymo, a world-renowned autonomous driving technology company.According to TechCrunch, Geely Holding Group (hereinafter referred to as "Geely") has reached a cooperation with Waymo, an autonomous driving technology company under Alphabet, Google's parent company. Geely's high-end intelligent electric vehicle brand Zeekr will provide exclusive vehicles for the driverless fleet of Waymo One and put it into commercial operation in the United States.

From January to November 2021, the installed capacity of global power batteries in Ningde Times ranked first with a market share of 31.8%.According to the Yonhap of Finance, the data released by SNE Research, a market research institution in South Korea, from January to November 2021, Ningde Times still maintained its leading position in the electric vehicle battery market, ranking first with a market share of 31.8%, 10 percentage points higher than LG Energy Solutions, which ranked second.

Ministry of Commerce: The scale of China's foreign trade is expected to reach US $6 trillion in 2021.According to Xinhua News Agency, Ren Hongbin, Vice Minister of Commerce, said at the press conference held by the State Council Information Office on the 30th that the scale of China's foreign trade will reach a new level in 2021. It is expected to reach US $6 trillion for the whole year. Compared with 2020, the increase is expected to reach US $1.3 trillion, which is the sum of the increase in the past 10 years and has achieved the goal of stable quantity and quality.

Transformation Science and Clinical Pharmacology CRO Company "Andu Biology" completed a round of B+financing of more than 60 million US dollars.36 Krypton learned that this round of financing was led by MSA Capital, and the old shareholders Sequoia China, Hillhouse Venture Capital and Kaifeng Venture Capital followed. The newly raised funds will mainly be used to implement the global development strategy of Andu Biology, strengthen the full chain service system of transformation science featuring clinical pharmacology, expand laboratory services focusing on biological analysis globally, and expand clinical pharmacology trials and early clinical research and development businesses.

This week, you must read the excellent articles of Sailing

Compared with 2020, India's entrepreneurial ecology in 2021 has undergone earth shaking changes. As of the date of issuance, Indian start-ups had received an investment of 36 billion US dollars in 2021, an increase of more than 200% compared with 11 billion US dollars in 2020, creating 42 unicorn enterprises. Previously non mainstream industries such as cryptocurrency, games and DTC have become the favorite of investors. Not surprisingly, e-commerce is the industry that receives the most financing, attracting a total of 9 billion dollars, followed by financial technology. We try to summarize 2021 from a deeper level and analyze how some "accidents" have changed the entrepreneurial ecology of India.

Indian entrepreneurial ecology in 2021: Is there a foam behind the large amount of financing and high valuation?

What do you think of Italy? Are they innumerable places of interest? Is it the world famous "luxury kingdom"? Or the birthplace of ancient Roman culture? Italy, located in the south of Europe and on the north coast of the Mediterranean, andGermanybritainandFranceThey are also known as the four largest economies in Europe. In addition, SMEs play a very important role in the country's economic development, and Italy is also known as the "kingdom of SMEs". In order to enable readers to have a more comprehensive understanding of Italy, the Italian part of the globalization manual will be divided into two parts. In the first part, we will introduce Italy from the perspectives of history, humanities, education, and economic conditions; The second part focuses on exploring the opportunities and challenges of Italian venture capital market.

Globalization Manual · Italy Chapter | What is the "charm" of Italy, where "new and old coexist"?

Globalization Manual · Italy II | Opportunities and Challenges of Italy, the "Kingdom of Small and Medium Enterprises"

Global New Economic Events

CEO of Indonesian e-commerce giant Bukalapak will resign.According to Nikkei, Bukalapak recently announced that CEO Rachmat Kaimuddin had submitted his resignation and would later serve in the government. It is reported that Kaimuddin became CEO of Bukalapak in January 2020, succeeding Achmad Zaky, then CEO and co-founder. Under his leadership, Bukalapak successfully conducted an IPO and was listed on the Indonesian Stock Exchange in August 2021.

Samsung plans to acquire Bojian, an American biopharmaceutical company, for 50 trillion won, or set a record for the largest overseas acquisition by a Korean enterprise.According to the Associated Press of Finance, Samsung Group is negotiating to acquire Biogen, an American biopharmaceutical company. If the acquisition is successful, Samsung will become one of the global biomedical technology giants. The industry predicts that the acquisition amount will exceed 50 trillion won (about 267.4 billion yuan).

Rivian announced a delay in the delivery of high-capacity power battery models.According to Sina Finance, in an email sent to customers, American electric vehicle manufacturer Rivian announced that the delivery of electric pickup trucks and SUVs equipped with large capacity power batteries would be postponed to 2023. It is reported that the vast majority of the orders for about 71000 R1T pickup trucks and R1S SUV electric vehicles obtained in the United States and Canada are small capacity battery versions.

Organization: The global IC OEM sales volume is expected to exceed 95 billion dollars in 2021, and is expected to increase by 15% in 2022.The research institute estimates that the global wafer foundry industry sales will reach 95.2 billion US dollars in 2021, an annual increase of nearly 26%. However, the chip supply and demand will still be difficult to balance in 2022. With the medium and long-term applications such as 5G, the demand for wafer foundry will remain stable, which is expected to increase the annual sales by 15%.

Wen | Zhuo Jinze

Figure | Graph Worm

Cross border E-commerce Platform China Corporate Globalization Weekly | Geely and Waymo have reached cooperation; CEO of Indonesian e-commerce giant Bukalapak will resign

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