CHINA:
1. SK Holdings pays US$300 million for stake in Bain-backed data centre provider Chindata
2. Xiaomi fund-backed VeriSilicon Microelectronics seeks to raise $267m in STAR Market IPO
3. Private investment vehicle PAI Capital invests $212m in Shenzhen-listed Vtron Group
4. Chinese drug R&D platform Yaoyanshe 药研社 pockets $86m in Series C+, D
5. Hong Kong’s asset management firm CLSA gathers $77.5m so far for Asia private credit fund
6. Pharmaceutical firm Zion Pharma raises nearly $20m Series A+ round
7. Chinese Prenatal Detection Service Firm Jabrehoo Raises $14M Series C Round
Check out our latest podcast about “How Citybox Finds Own Position Among Fierce Unmanned Retail Competitions, with Co-founder & COO Neo Lv” here
Check out our latest blog post about “Founders Explain How They Succeeded with Their MVPs” here
MOBILE-ONLY MARKETS:
1. Indian e-commerce giant Flipkart launches startup accelerator programme
2. India: Hinduja Leyland Finance in talks with investors to raise $100m
3. India: Swiggy joins quick grocery delivery bandwagon, launches Instamart
4. India: Private sector lender ICICI Bank launches $2b share sale
5. Indian TikTok alternate Trell registers 800% more screen time
6. Vietnam-based VinaCapital-led consortium invests $26.7m in Thu Cuc Hospital
CROSS-BORDER:
1. IFC invests $10m in Indian VC firm Endiya Partners’s Fund II
2. Chinese firms rush to raise over $5b in US IPOs ahead of new restrictions
3. iPhone Annual Shipments May Drop up to 30% if Apple Bans WeChat Worldwide
4. Saudi Aramco still eyeing $20.6b deal with India’s Reliance
5. Salesforce dumps Zoom shares after more than tripling its money since 2019 IPO
6. India’s Zomato in talks to raise $100m from Tiger Global
OVERSEAS:
1. Former Paypal executive set to lead Facebook Pay
2. Tesla Battery Supplier LG Chem Expects Revenue to Reach $25.26 Billion in 2025
3. Australian PE firm BGH Capital to acquire Village Roadshow in $542m deal
4. Tim Cook hits billionaire status with Apple nearing $2.75 trillion
5. Kodak Shares Fall as Planned $765 Million Loan Is Put on Ice
6. Skillshare’s Online Learning Platform Receives $66M Series D Boost
7. Mux raises $37M Series C as its API-based video streaming service scales
8. Rideshare Insurance Startup Buckle Raises $31M
9. Oomnitza Closes $12.5M Series B To Manage Company Digital Estates
10. Ironscales raises $8 million more for AI that thwarts email phishing attacks
11. LitLingo Secures $2M Seed To Manage Electronic Communications
12. CakeResume, which wants to become Asia’s largest tech talent pool, raises $900,000 seed round
Image Credits: DealStreetAsia