CHINA:

1. Nasdaq-listed Chinese travel site Trip.com files for Hong Kong secondary listing

2. Tencent-backed MissFresh is said to weigh US$500 million US IPO

3. Xiaomi’s First Car to Be Priced Between $15,000 to $46,000: CEO Lei Jun

4. Hyundai’s Luxury Vehicle Brand Genesis Celebrates Launch in China with Stunning Drone Show over Shanghai Skyline

5. Chinese IDM Startup InnoStar Semiconductor Secures $100M

 

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MOBILE-ONLY MARKETS:

1. Mexican unicorn that disrupted the used-car market Kavak raises a $485M Series D at a $4B valuation

2. Play Ventures closes US$135M fund targeting gaming startups

3. Grab to list in New York via merger with Altimeter Capital SPAC unit

4. Singapore-based retail analytics company Trax raises $640M Series E led by SoftBank Vision Fund 2 and BlackRock

5. East Ventures-backed Sirclo acquires Indonesian online parenting firm Orami

6. Flash Coffee raises US$15M to take on the likes of Kopi Kenangan in SEA

7. Beenext co-leads $5.5m round in ex-PayU execs’ BNPL startup ShopSe

8. Indian market regulator fines Reliance’s Mukesh Ambani, others $3.36m

9. PharmEasy’s parent company API holdings to enter India’s unicorn club with $350m fundraise

10. Investment app for millennials, Groww, raises $83 million at over $1 billion valuation

 

CROSS-BORDER:

1. Prosus sells 2% of Tencent for $14.7 billion in world’s largest block trade

2. Beyond Meat opens its first production plant in China

3. Line operator Naver invests $150m in Indonesian conglomerate Emtek

4. Hyperganic brings 3D printing software to Singapore after US$7.8M funding

5. TuSimple Expected To Raise $800M To $1B In U.S. IPO

 

OVERSEAS

1. Digital ad spend grew 12% in 2020 despite hit from pandemic

2. Global Venture Funding Hits All-Time Record High $125B In Q1 2021

3. GM offers clues to technology aimed at slashing EV battery costs

4. Facebook launches public test of live Q&A product Hotline

5. Uber announces $250 million stimulus to bring back drivers

6. Twitter said to have held acquisition talks with Clubhouse on potential $4B deal

7. KKR-backed gaming firm AppLovin targets $30 billion valuation in U.S. IPO

8. Plaid valuation tops $13 billion in first funding after a scrapped $5.3 billion merger with Visa

9. Patreon, a platform connecting musicians with their fan base lands $155M at $4B valuation

10. Phenom, an AI-powered recruitment platform developer, lands $100M Series D

11. WhiteSource Secures $75M To Protect App Development

12. Pendulum Therapeutics Swings $54M Series C To Bridge Gap Between Supplements, Prescription Drugs

13. CaptivateIQ raises $46M for its no-code sales commissions platform

14. Streamlit nabs $35M Series B to expand machine learning platform

15. Blue dot raises $32M for AI that helps businesses manage their tax accounting

16. Swyft raises $17.5 million to bring same-day delivery to all the retailers that aren’t Amazon

17. Nuvocargo raises $12M to digitize the freight logistics industry

18. Orchid Blooms With $4.5M Seed For Preconception Test To Determine Genetic Risks

 

Image Credits: TechCrunch

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