CHINA:

1. China tech crackdown turns to food delivery giant Meituan as $38.96 billion is wiped off value

2. China Evergrande plans sale of $1.4b new energy vehicle unit shares

3. Carmaker BYD to list semiconductor unit on ChiNext board

4. China’s Trip.com steps up focus on personalized domestic travel options

5. Fintech giant Ant Group’s MYbank joins China’s digital yuan platform

6. Chinese Cybersecurity Giant 360 to Cooperate with NETA Auto to Make Electric Cars

7. China’s autonomous driving company WeRide secures more funding, pushing valuation to $3.3 billion

8. Chinese plant-based meat startup Youkuai Group International bags $7.3m to drive its ‘Tesla of food’ dream

9. Home care service platform 好孕妈妈 Haoyun Mama closed Series A+

 

Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here

Subscribe to Daily Digest Newsletter here

 

MOBILE-ONLY MARKETS:

1. Smartphone shipments in India likely to slowdown in second quarter: IDC

2. Tiger Global to mint another unicorn in India with USD 250 million lead investment in digital payment startup BharatPe

3. Indian auto marketplace CarTrade to file for $272m IPO

4. Elevation, Matrix Partners co-lead $3m round of Indian enterprise SaaS firm SuperOps

5. Indian AI firm Myelin Foundry raises $1m to help users stream movies in higher definition

 

CROSS-BORDER:

1. U.S. will remove Xiaomi from blacklist, reversing jab by Trump

 

OVERSEAS:

1. The global chip shortage could last until 2023

2. Volkswagen, Argo AI to launch international trials of self-driving ID. BUZZ

3. AWS releases tool to open source that turns on-prem software into SaaS

4. Cisco to acquire Indy startup Socio to bring hybrid events to Webex

5. South Korea’s LG Chem to invest $134m in new tech, ESG fund

6. Vinted sews up $303M for second hand clothes marketplace

7. London’s fashion shopping platform Lyst lands $85M

8. Job Site Handshake Joins Unicorn Board With $80M Series E

9. Direct-to-consumer orthodontic startup Impress raises $50M to scale across Europe

10. Stampli raises $50 million in Series C to help companies intelligently manage invoices

11. Unmind raises $47M for a platform to provide mental health support in your workplace

12. Business Of One: Collective Gathers $20M For Self-Employed Financial Services

13. Collective, a back-office platform for the self-employed, raises $20M from Ashton Kutcher’s VC

14. Planck, the insurance data analytics platform, raises $20M growth round

15. Treasury Prime raises $20M to scale its banking-as-a-service biz

16. U.K.-based caretech company Birdie raises $11.5M

17. Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

18. Cortex Intel Raises $6M Series A To Decarbonate Buildings

19. Ontop Inks $4.5M Seed So Companies Can Tap Latin America’s Talent

 

Image Credits: TechCrunch

Start typing and press Enter to search