1. China’s Didi says app takedown may hurt revenue

2. China says will conduct cyber security investigation on, Huochebang and Yunmanman

3. DCL forays into USD fund offering as China’s distressed asset opportunities expand 

4. Chinese electric car start-up Li Auto delivers over 1,000 more cars than Xpeng in June

5. ByteDance Prioritizes Music Product, Places Former TikTok Chief at Helm

6. Delivery Company Tongcheng Industrial Backed by Logistics Giant SF Holding Files IPO in Hong Kong

7. Syngenta, the Swiss agrichemical giant owned by ChemChina, files for US$10 billion Shanghai IPO

8. Chinese medical services provider LinkDoc looks to raise $210m in Nasdaq IPO


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1. Amazon, Tata say Indian govt e-commerce rules will hit businesses -sources

2. Walmart-owned Flipkart enters social commerce space with Shopsy

3. Indian used-car marketplace Cars24 to raise up to $250m in new funding

4. Sequoia Capital joins $200m round of Indian insurtech unicorn Digit

5. India’s Licious, which sells fresh meat and seafood online, lands $192M

6. India’s Furlenco raises $140 million for its furniture and appliance renting service

7. Indian gaming platform WinZO banks $65m in round led by US VC firm

8. Delivery app Rappi partners with Visa to launch credit cards in Brazil

9. Singapore Airlines launches travel experience digital platform

10. Singapore-based startup Bolttech nets $180m in largest series A round in insurtech space

11. Blockchain platform Mintable backed by Mark Cuban lands $13m in series A funding

12. Blue-collar jobs platform Workmate secures $10m debt facility from Lendable

13. Malaysia’s iMedia acquires 100% stake in beauty ecommerce platform Favful



1. UK’s largest chip plant Newport Wafer Fab to be acquired by Chinese-owned firm Nexperia amid global semiconductor shortage

2. Swedish gaming and entertainment company Modern Times Group buys India-based game developer PlaySimple

3. Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney

4. Huawei enlists army of European talent for ‘battle’ with US

5. Thailand SEC files criminal complaint against Binance

6. Apple And Intel May Be Early Adopters Of TSMC’s 3nm Chip

7. Vietnam’s Vingroup looks to capture 1% of overall US auto market with its EVs



1. FTC charges computer chip supplier Broadcom with illegal monopolization

2. Korea’s Kakao Pay files for IPO

3. GM is investing in a California lithium extraction project

4. Dubai’s Kitopi hits unicorn status with USD 415 million Series C round led by SoftBank


Image Credits: Rueters

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