CHINA:

1. Alibaba’s Cainiao launches $76m open tender for global logistics partnerships

2. Chinese designer toymaker Pop Mart more than doubles on trading debut in Hong Kong

3. Qu Toutiao rumored for deal talk wtih Tencent and Alibaba 

4. Nio plans to sell new shares to fund research and sales

5. Jiahua Energy co-launches $458m fund for M&As in integrated circuit industry

6. Hong Kong-based VC Access Ventures secures US$30M for Fund II, aims to hit final close by Q3 2021

 

Check out our latest podcast about “Open Innovation in Healthcare from Academia to Corporates to Startups: She Loves Tech Series with Dr. Yongqin Zeng, Senior Director Innovation Lead at Philips Venture” here

Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here

 

MOBILE-ONLY MARKETS:

1. Singapore’s fintech funding rebounded to $278m in the second quarter, report finds

2. Internet giant Sea to raise about $2b through new share offering

3. SolarHome extends its Series A with US$2M to grow the customer base of its pay-as-you-go solar solution

4. Singapore’s AI startup Nextbillion takes home $187k after winning Slingshot 2020

5. Indian e-pharmacy startup PharmEasy may sell 7% stake to TPG

6. Infra.Market raises $20 million for its B2B marketplace for construction materials and logistics in India

7. Grab hit with drivers’ strike over commission increase in Vietnam

8. A Vietnamese startup Palexy picks US$1M funding to help offline stores achieve e-commerce-like success through real-time consumer data

9. Ashmore Indonesia buys 20% stake in Bukalapak’s mutual fund unit for $3.5m

10. Gojek launches GoStore for MSMEs to sell products

 

CROSS-BORDER:

1. Square Peg, former Australia PM’s family office join $13.4m round for healthtech firm HealthMatch

2. Decacorn Capital invests in Qupital to fuel expansion of B2B fintech e-commerce platform in China

3. Tesla to launch supercharger station in Zhongshan, a future Greater Bay Area transport hub

4. Xiaomi to double Japan R&D staff as Huawei stumbles

5. Walmart to triple exports of India-made goods to $10b annually by 2027

6.Singapore’s GIC leads $100m series C round for Chinese SaaS startup Huice

 

OVERSEAS:

1. Airbnb shares set to double in IPO

2. Facebook faces U.S. lawsuits that could force sale of Instagram, WhatsApp

3. Oracle beats quarterly profit estimates on cloud services boost

4. AT&T is selling Crunchyroll to Sony for $1.18B

5. Hyundai Motor Group chairman, units to buy Boston Dynamics from SoftBank for up to $828 million

6. Yandex robots start to deliver restaurant meals in central Moscow

7. Fairmarkit lands $30M Series B to modernize procurement

8. Cityblock Health closes on $160M to tackle health care inequity

9. Optimizing Patient Access To Care: LeanTaaS Raises $130M

10. Hibob Rakes In $70M To Expand HR Software Footprint

11. London-based Cleo raises $44M for financial advice bot

12. LeafLink raises $40M from Founders Fund, others to cultivate its cannabis wholesale market

13. Turing nabs $32M more for an AI-based platform to source and manage engineers remotely

14. Customer support startup Gorgias raises $25M

15. Orbex raises $24M for reusable rockets

16. Boast.ai raises $23M to help businesses get their R&D tax credits

17. Nēsos Closes $16.5M To Develop Rheumatoid Arthritis Earbud

18. UserLeap raises $16 million to bring better qualitative data to PMs

19. Papercup, the UK startup using AI for realistic-sounding voice translation, raises £8M funding

20. Come Bien Bites Into $1.2M Seed To Expand Food Subscription Service

 

Image Credits: SCMP

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