CHINA:
1. China’s Zhurong 祝融 Rover Lands on Mars
2. China’s number of new investors grew in April at slowest pace in 13mths
3. Alibaba bites bullet in renewed push for growth amid antitrust climate, increased competition
4. China’s BYD Plans To Spin Off And List Semiconductor Unit
5. Chinese electric car company Xpeng predicts chip shortage will last another quarter
7. Carbon emissions management startup Carbonstop secures RMB 50 million funding
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MOBILE-ONLY MARKETS:
1. Krungsri announces plans to invest $100m in Thai startups through 2023
2. Vietnamese flexible payroll app Nano secures $3m in seed funding
3. Indian online auto classifieds platform CarTrade files for IPO
CROSS-BORDER:
1. Amazon launches miniTV, a free video streaming service, in India
2. Singapore’s e-scooter rental startup Neuron Mobility launches in Canada
3. Amazon injects USD 30 million into its Indian payment arm for further expansion
4. Toyota-backed self-driving car Pony.ai ties up with Luminar
OVERSEAS:
1. U.S. senators close to announcing $52 bln chips funding deal
2. Largest decentralized finance venture cap firm Framework Ventures raises $100 mln for 2nd fund
3. AT&T in advanced talks to merge WarnerMedia with Discovery
4. Disney misses on subscriber expectations, parks revenue still hurt by Covid restrictions
5. California Gov. Newsom proposes $3.2B in EV investment as part of economic recovery package
6. Stripe acquires Bouncer, will integrate its card authentication into the Radar fraud detection tool
7. Payment tech company Marqeta files for IPO as value tops $16 billion on private markets
8. Personal finance startup NerdWallet files for U.S. IPO -sources
9. Waybridge Lands $30M To Help Companies Navigate Supply Chain Volatility
10. Forager Chews On $4M To Digitize Local Food Access
Image Credits: Pandaily