1. Chinese beauty app Meitu shares surge after cryptocurrency investment

2. Baidu wins approval for secondary listing in Hong Kong

3. Edtech firm GSX reports revenue increase as expenses widen

4. Nio forms JV with automaker JAC in attempt to take production in-house

5. may withdraw fintech unit’s stock sale in Shanghai’s Star Market after restructuring at JD Technology

6. Five Chinese Group-Buying Platforms Fined 6.5M Yuan ($1M) for Improper Pricing

7. China reprimands SoftBank-backed Didi Chuxing for infringing drivers’ rights

8. TikTok Owner ByteDance Invests $25M in Self-Driving Startup QCraft

9. Nasdaq-listed Qutoutiao’s Midu raises $110m in Series C round

10. IDG-backed intelligence rehabilitation startup Fourier raises fresh capital to fund global expansion, pave way for IPO

11. China’s MediTrust Health raises $155m from Ant, Sinovation, others

12. Hong Kong-based BSD Education plans to raise $4m in its ongoing series A round


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1. appoints former PropertyGuru exec as deputy CEO for Indonesia

2. Indonesian logistics startup SiCepat raises $170 million Series B

3. Indonesian e-commerce unicorn Bukalapak may tap local market IPO in Q3 2021

4. Indian VC firm LetsVenture launches Women Angel Network

5. Softbank-backed Ola Electric Mobility wants to be India’s Tesla, affordably

6. ADB Ventures seeks to launch $100m debt fund by next year

7. Singaporean ride-hailing app Ryde plans local IPO in 2022

8. Singapore SaaS startup Stamped to be acquired for up to $110m

9. Singapore SPAC Vistas Media to merge with music streaming platform Anghami

10. SG wealthtech startup Endowus in talks to close $20m Series A led by Lightspeed

11. Entrepreneur First-backed green-tech startup Green Li-ion lands $3.4m in seed round

12. Malaysia’s AirAsia Group plans to launch air taxi, drone delivery service



1. California bill would require all self-driving vehicles to be zero emission by 2025

2.SEC accuses AT&T of selectively sharing investment info with analysts

3. B Capital launches US$126M Ascent Fund II targeting seed, Series A startups

4. Amazon launches its first cashierless store in Britain

5. Coursera files for IPO amid online learning boom

6. Robinhood chooses the Nasdaq for its IPO, sources say

7. U.S. crowd-safety firm Evolv to go public in $1.7 billion SPAC deal

8. Toyota VC invests in AI startups, firms that refine everyday processes

9. New Zealand’s Xero acquires workforce management platform Planday

10. Eco raises $26M in a16z-led round to scale its digital cryptocurrency platform

11. Dija lands $20M for fast grocery delivery

12. InsurGrid raises pre-seed financing to help modernize legacy insurance agents

13. Flourish, a startup that aims to help banks engage and retain customers, raises $1.5M


Image Credits: Pandaily

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