1. Chinese Tesla rival Xpeng Motors to raise up to $2 billion in Hong Kong listing

2. China’s Ant highlights distinction between NFTs and cryptocurrencies

3. ByteDance’s Zhang sets up educational fund

4. Kuaishou’s global monthly users reached 1 bln

5. BYD Semiconductor bumps prices by 5% as global chip shortage persists

6. Electric design automation startup Empyrean gets approval for Shenzhen IPO

7. Fully automated convenience store chain Bianlifeng heads to New York for IPO, sources say

8. Hong Kong logistics start-up Lalamove files confidentially for US$1 billion US listing

9. Social platform Soul Announces the Suspension of Its US IPO, Saying the Possibility of Other Capital Operations

10. Self-driving startup WeRide deepens ties with Nissan, raises $310 mln


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1.Financial apps in SEA spent $244m on user acquisition in 2020, report says

2. India’s new ecommerce rules likely to hit Zomato, Swiggy, Ola, others

3. Sequoia-backed Indian car service startup GoMechanic nets $42m in Tiger Global-led round

4. Bukalapak to list its IPO on Indonesia’s stock exchange on July 29

5. Singaporean startup launches livestreaming platform for e-tailer Zalora

6. With $356m in funding so far this year, Indonesia’s wealthtech startups bask in the spotlight

7. Society Pass acquires Vietnam’s luxury e-commerce brand Leflair that was closed last yea

8. GrowSari raises Series B to help 30K small convenience stores in PH increase their earnings

9. Dubai-based ‘buy now, pay later’ platform Tabby raises USD 50 million in debt financing



1. Tesla opens solar charging station in Tibet, its first in China

2. Apple to drive China revenues with search ad launch

3. Rural-focused Chinese firm CD Finance nets $154m led by Canada’s TIP



1. EA buys ‘Golf Clash’ creator Playdemic for $1.4 bln

2. Embark CEO Alex Rodrigues, just 25, is taking his driverless truck start-up public via SPAC

3. Biometric security firm Clear Secure targets $4.34 bln valuation in U.S. IPO

4. Freight technology startup Forto raises $240M in funding round led by Softbank, taking its valuation to $1.2Bn

5. Aircall, a provider of cloud-based call center software, raises $120M

6. Incorta, the data and analytics platform developer, locks in $120 million Series D

7. Vercel, a provider of tools for companies to develop, preview, and ship web apps, pulls in $102M

8. Lower Raises $100M Series A For Home Buying

9. Snackpass gobbles up $70M at a $400M+ valuation as its social food ordering platform crosses 500K users

10. Iceland’s Frumtak Ventures raises its third, $57M, fund focusing on post-seed and Series A

11. As clinical guidelines shift, heart disease screening startup Cleerly Cornary pulls in $43M Series B

12. PlanetScale raises $30M Series B for its database service

13. Mitiga raises $25M Series A to help organizations respond to cyberattacks

14. Drata raises $25M Series A to expand its security compliance platform

15. Symmetry Systems Pushes Data Security After $15M Series A

16. NFT marketplace startup Rarible closes $14.2 million Series A

17. AdTech startup Tomi raises Seed funding to make real estate ads perform as well as ecommerce

18. Acryl Data, commercializing LinkedIn’s metadata tool DataHub, emerges from stealth with $9M from 8VC, LinkedIn and Insight


Image Credits: Pandaily

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