- Jan. 02, 2022 -
Focus on the globalization of Chinese companies, provide the latest venture capital news from around the world, and strive to eliminate information gaps, so that readers can see the most noteworthy events of the week.
A major event in the globalization of Chinese companies that deserve attention
From January to November 2021, the global installed power battery capacity of Cataltime ranked first with a market share of 31.8%. According to the Financial Associated Press, data released by SNE Research, a South Korean market research institute, shows that from January to November 2021, CATL still maintained its dominant position in the electric vehicle battery market, ranking first with a market share of 31.8%, 10 percentage points higher than the second-place LG energy solution.
Ministry of Commerce: In 2021, China's foreign trade scale is expected to reach 6 trillion US dollars. According to Xinhua News Agency, Vice Minister of Commerce Ren Hongbin said at a press conference of the State Council New Office on the 30th that in 2021, China's foreign trade scale is expected to reach a new level, and it is expected to reach 6 trillion US dollars in the whole year, and the increase is expected to reach 1.3 trillion US dollars compared with 2020, which is the sum of the increments in the past 10 years, and the goal of stable and qualitative increase has been achieved.
Translational Science and Clinical Pharmacology CRO Company "Andu Bio" completed more than $60 million B+ round of financing. 36Kr learned that this round of financing was led by MSA Capital, followed by old shareholder Sequoia China, Hillhouse Venture Capital and Kaifeng Venture Capital. The newly raised funds will be mainly used to implement The globalization development strategy of Andu Biotech, strengthen the full chain service system of translational science featuring clinical pharmacology, expand laboratory services based on bioanalysis globally, and develop clinical pharmacological trials and early clinical research and development business.
This week must read the sea boutique article
Compared with 2020, the Indian entrepreneurial ecosystem in 2021 can be described as a drastic change. As of press time, Indian startups have received $36 billion in investment in 2021, up more than 200 percent from $11 billion in 2020, creating 42 unicorns. Industries that were not previously mainstream such as cryptocurrencies, gaming, and DTC have become the favorites of investors. Not surprisingly, e-commerce is the industry that has received the most financing, attracting a total of $9 billion, followed by financial technology. We try to summarize 2021 at a deeper level, analyzing how some "accidents" have changed India's entrepreneurial ecology.
Global new economic events
The CEO of Indonesian e-commerce giant Bukalapak will resign. According to Nikkei, Bukalapak recently announced that CEO Raachmat Kaimuddin has submitted his resignation and will serve in the government later. Kaimuddin became CEO of Bukalapak in January 2020, succeeding then CEO and co-founder Achmad Zaky. Under his leadership, Bukalapak successfully conducted an IPO and was listed on the Indonesia Stock Exchange in August 2021.
Samsung intends to acquire the US biopharmaceutical company Bojian for 50 trillion won, or set a record for the largest overseas merger and acquisition of Korean companies. According to the Financial Associated Press, Samsung Group is in talks about the acquisition of biogen, a U.S. biopharmaceutical company, and if the acquisition is successful, Samsung will become one of the global biopharmaceutical technology giants. The industry predicts that the acquisition will exceed 50 trillion won (about 267.4 billion yuan).
Rivian announced the delay in delivery of high-capacity power battery models. According to Sina Finance, in an email sent to customers, U.S. electric vehicle manufacturer Rivian announced that electric pickup trucks and SUVs equipped with high-capacity power batteries will be postponed until 2023. It is reported that the vast majority of the approximately 71,000 R1T pickup trucks and R1S SUVs currently ordered in the United States and Canada are small-capacity battery versions.
Institution: Global IC foundry sales are expected to exceed $95 billion in 2021 and are expected to grow by another 15% in 2022. Research institutions estimate that in 2021, the global wafer foundry industry sales will reach 95.2 billion US dollars, an annual increase of nearly 26%, and in 2022 chip supply and demand is still difficult to balance, coupled with 5G and other medium- and long-term applications, wafer foundry demand will remain stable, so that annual sales are expected to increase by another 15%.
Wen | Zhuo Jinze
Figure | Figureworm