CHINA:
1. 18 companies’ shares soar on ChiNext debut under new IPO rules
2. Chinese public utilities giant Dazhong commits $72m to Minpu Houde Fund
3. Pinduoduo’s latest aim is to sell $145 billion of farm produce in 2025
4. Tencent close to taking gaming firm Leyou private in $1.3b deal
5. GIC-backed AI healthcare solutions provider Yidu Tech files for HK IPO
6. HK-based drug R&D platform Xuanzhu Biopharmaceutical nets $116m
7. Energy saving and clean power technologies company Sunpower wins $15.2m waste-heat-to-power project
8. Logistics and e-commerce solutions provider XYZ Robotics secures nearly $20m in Series A+ round
Check out our latest podcast about “Digital Transformation: Converting Consumer Data into Gold; with Kevin Lee (IKEA), Alexis Richez (ZTP), German Torrado (Genetsis) and Abel Zhao (Travelflan)” here
Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here
MOBILE-ONLY MARKETS:
1. India’s Tata Digital to launch super app by December this year
2. India’s ShareChat acquires hyperlocal information platform Circle Internet
3. Arijit Sengupta named B Capital’s new Operating Partner in Asia
4. Telkom Indonesia unit said to be in advanced talks to invest in Gojek
CROSS-BORDER:
1. Logistics major GLP launches $2.6b open-ended Japan income fund
2. Takeda to sell Japanese consumer health unit to Blackstone for $2.3b
3. Vietnamese tech firm VNG sues TikTok, alleging copyright infringement
4. TikTok-rival Triller inks deal with Reliance’s JioSaavn in India push
OVERSEAS:
1. Microsoft defends Fortnite maker Epic Games in Apple legal battle
2. Epic Games rival Unity files to go public, sales topped $500 million last year
3. Google is investing $100 million in telehealth provider Amwell, which will use Google Cloud
4. Snowflake files for IPO, taking on Amazon and Microsoft cloud database businesses
5. Facebook to pay $125 million in back taxes in France
6. Asana, business software company led by Facebook co-founder, files for direct listing
7. Salesforce, Amgen and Honeywell added to Dow in major shake-up to the average
8. Palo Alto Networks to buy digital forensics consulting firm for $265M
9. Logistics real estate developer LOGOS, Ivanhoé Cambridge to develop $230m Melbourne logistics estate
10. Cloud management software startup Sumo Logic Files For $100M IPO
11. Automotive lidar technology company Luminar To Go Public In Reverse Merger With Gores Metropoulos
12. Cloud accounting software maker Xero to acquire Australian lending platform Waddle for $57.3m
13. Ever, once accused of building facial recognition tech using customer data, shuts down consumer app
14. Enterprise artificial intelligence and machine-learning platform Dataiku Secures $100M Series D
15. Music Licensing Startup Songtradr Raises $30M Series C
16. Commonstock Lands $9.7M Seed For Social Investment Platform
Image Credits: Reuters