CHINA:
1. Sichuan shuts down crypto mining centers, Chinese banks prohibit crypto trading
2. TikTok creator ByteDance edges up to USD 425 billion valuation on gray market
3. Baidu Announces Six Paths to Realizing Its 2030 Carbon Neutrality Target
4. SoftBank-backed grocery delivery company Dingdong targets over $6 bln valuation in U.S. IPO
5. Tencent-backed Chinese online grocer Missfresh eyes $3.8b valuation in US IPO
7. Chinese Biotech Firm Biocytogen Bags Tens of Millions of Dollars in Funding
8. Sportswear startup Quanliang Quansu raises USD 100 million to become the next Shein
9. China’s Linkedcare, a SaaS supply chain platform, raises over $100m from Investcorp, Matrix, others
10. M31 Capital leads $60m Series C round for Chinese IT data analytics startup EOITEK
11. Cloud-based 3D design platform Realibox closes Series A for interactive collaborations
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MOBILE-ONLY MARKETS:
2. Grab to launch carbon offset feature in July, expands Hyundai EV partnership
4. Ex-Honestbee, Foodpanda exec’s new cloud kitchen startup 3 Square banks $1.2m in seed funding
5. Singaporean VC firm Antler expands into Vietnam, ex-Zalora exec to head the unit
6. Singapore software firm Azentio acquires Indian insurtech platform
7. Indian conglomerate Tata plans up to USD 2.5 billion in fundraising to boost its super app play
8. VC firm that backed Indian unicorn ShareChat raises $64m for its fourth fund
9. India: CommerceIQ raises fresh $60m funding led by Insight Partners
10. India: Smart city solutions provider Quantela raises $40m from Digital Alpha
11. Ahead of IPO, India Pesticides raises $32m from Wells Fargo, ADIA, other investors
12. Indian social commerce startup CityMall nets $22.5m in funding
13. Indian creator of edtech games, Skillmatics, toys banks $6m in Sequoia-led round
14. Indian insurtech startup Bimaplan rakes in $2.5m in pre-series A money
15. Tencent, Pavilion join series B round of Philippine B2B ecommerce platform GrowSari
16. Indonesian BNPL startup Kredivo gets additional $100m debt facility from US firm
CROSS-BORDER:
1. U.S. chip foundry announces new manufacturing plant in Singapore
2. Swedish court upholds ban on Huawei selling 5G network gear
3. Southeast Asia’s biggest tech group Sea tops SoftBank in market cap amid Latin America expansion
OVERSEAS:
2. Tesla attorney Lynn Miller leaves for autonomous trucking start-up Plus
3. Facebook expands Shops to WhatsApp, Marketplace in commerce push
4. DoorDash and Albertsons partner on same-day grocery delivery from nearly 2,000 stores
5. Uber is buying the rest of grocery delivery start-up Cornershop
6. Dutch payments firm Mollie said it raised $800 million
7. S.Korea mobile financial app Toss operator valued at $7.4 bln in latest funding
8. Transmit Security Becomes Cyber’s Latest Unicorn After $543M Series A
9. Insilico Medicine raises $255M for AI drug discovery
10. Austria’s online tutoring platform GoStudent lands $244M
11. Software marketplace G2 picks up $157M
12. Oyster, an HR platform for distributed workforces, snaps up $50M on a $475M valuation
13. Australian fintech Zeller lands $50M AUD led by Spark Capital at a $400M AUD valuation
16. Equinom Lands $20M Series C To Develop Ingredients For Sustainable Nutrition
17. MAJORITY raises $19 million for its mobile banking service for migrants
19. Cabana Raises $10M Series A For Luxe Travel Van Rentals
20. Holy Grail raises $2.7M seed fund to create modular carbon capture devices
Image Credits: Reuters