CHINA:
2 IPO mania in China creates three new billionaires in week
3 Alibaba in talks to hike stake in Chinese courier YTO Express
4. Chinese E-Commerce Player Pinduoduo 拼多多 Joins Nasdaq-100, Shortest Achiever in History
5. Xiaomi Releases Q2 Financial Report: Mid-to-high-end Smartphone Sales Surge
6. Chinese entertainment platform Bilibili Q2 Revenue Surges 70% to $370M, Beats Estimates
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. Singapore: DBS, Singtel partner Fave on digital payments, cashback
3. Poor investor sentiment delays $4.5B worth of Indian IPOs
5 .Indonesian Saas startup Sirclo bags $6M from big-name invetors
CROSS-BORDER:
2. ASX-listed Afterpay acquires payment solution EmpatKali to take its ‘buy-now, pay later’ biz to SEA
3. OPPO Partners With América Móvil to Expand in Latin America
4. Chinese EV Maker XPeng 小鹏汽车 Raises $1.5B In US IPO
5. S Korean fintech Viva Republica raises $173M from Sequoia Capital China, others
6. Indian gaming startup Gamezop raises $4.3M Series A from Bitkraft, others
OVERSEAS:
1. Apple losing wireless earbuds market share even as AirPods sales grow
2. Microsoft brings back Halo veteran to get delayed game back on track
4 Amazon’s Bezos is first person worth US$200b
5. Brain-backed memory chipmaker Kioxia launches $3.6B IPO
6. Optical e-commerce giant Warby Parker, valued at $3B, raises $245M in funding
7 Cancer Screening Startup Freenome Raises $270M
10 ID verification startup Berbix raises $9M for its identification verification platform
11. Data startup Narrative raises $8.5M as it launches a new data marketplace
Image Credits: China Money Network