1. China clamps down on auto data collection by Tesla and others

2. Alibaba posts first operating loss as a public company following $2.8 billion antitrust fine

3. JD Logistics readies Hong Kong IPO targeting up to US$3.9 billion

4. Tencent Cloud Launches Data Lake Products

5. Luckin’s Ex-Chairman Charles Lu Launches a New Venture: Chain Restaurants

6. Chinese spicy snack maker Weilong files for Hong Kong IPO

7. China’s Elpiscience Biopharma bags $105m in Series C round

8. Amid NFT frenzy, HK-based Animoca Brands nets $89m to enter unicorn club

9. Cloud-native ERP service provider 行翼云 YCloud closed Series Pre-A


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2. Thailand’s SaaS proptech platform Property Flow raises US$700K

3. Indian realty firm Embassy Group joins proptech VC Pi Labs’ third fund as LP

4. Indian non-bank lender Ess Kay Fincopr raises $46m from TPG Growth, Norwest, others



1. Fisker and Foxconn sign deal to build electric vehicles

2. Xbox teams up with Tencent’s Honor of Kings maker TiMi Studios



1. Hyundai to invest $7.4 bln in U.S. by 2025, with electric cars in focus

2. Airbnb says first-quarter revenue rose 5% as vacationers return to travel

3. Chat app Discord to test ticketing, make audio events easier to find

4. Pinterest to test livestreamed events this month with 21 creators

5. Healthcare financial technology company Cedar to acquire OODA Health for $425M

6. Substack acquires team from community consulting startup People & Company

7. PayPal acquires returns logistics business, Happy Returns

8. Interline Therapeutics Inks $92M For Drug Discovery

9. Impress picks up $50M for orthodontics

10. Upsie’s direct-to-consumer swing at the warranty space nets $18.2M

11. GRIN Adds $16M To Series A As Influencer Market Grows

12. Worksome pulls $13M into its high skill freelancer talent platform

13. BluBracket nabs $12M Series A to expand source code security platform

14. Chef Robotics raises $7.7M to help automate kitchens

15. LegionFarm Raises $6M To Match Everyday Gamers With Pros


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