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- Tencent ([[TCEHY]],[[TCTZF]]) and Hillhouse Capital co-led the $1B round for Chinese online education startup Yuanfudao at a $7.8B valuation. Yuanfudao offers online courses and homework plans for students, which has become an increasingly popular business due to the coronavirus-related lockdowns.
- Uber (UBER) and Lyft (LYFT) competitor Via raised $400M at a $2.25B valuation. Exor led the round with participation from Macquarie Capital, Mori Building, and Shell. The