CHINA:
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
10. Self-driving startup WeRide deepens ties with Nissan, raises $310 mln
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MOBILE-ONLY MARKETS:
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
CROSS-BORDER:
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
OVERSEAS:
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
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
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
Image Credits: Pandaily