Huawei posts revenue growth in H1 despite sanctions and pandemic

2. Luckin Coffee Inc. appoints Guo Jinyi, a board director and former acting CEO, as chairman

3. Alibaba co-founder Jack Ma sells shares worth $9.6b, stake dips to 4.8%

4. HK, Nasdaq-listed Chinese biotech firm BeiGene to raise $2.08b in share sale

Huizhou draws 5G and robotics investments of US$714 million as it seeks to upgrade role in Greater Bay Area

6. Chinese Cancer Screening Biotech New Horizon Health Completes $30M Financing from Foreign Backers

7. Chinese Underwater Robots Maker Deepinfar Completes $17M Series B+ Round

8. Sequoia Leads $14M Series B Round In Chinese Medical Device Developer AccuMedical


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1. India: Mystifly raises $3.3m in pre-Series B round led by Japan’s Recruit Holdings

India: VC firm HealthQuad makes first close at $68.5m for second fund

India: IncNut Digital raises $4m in Series A funding led by RPSG Ventures

4. Project Ubin, the Singaporean money authority’s blockchain initiative, moves closer to commercialization



1. Carlyle, SK’s Shinhan Group unit said to launch joint $600m infra fund

2. IFC approves $60m commitment to Vietnam’s Mekong Capital’s latest PE fund

Britain set to ban Huawei from 5G, though timescale unclear

US threatens to restrict WeChat following TikTok backlash

5. Microsoft spins off ‘virtual teenager’ chatbot for Chinese users

Google commits to invest $10b in India through equity deals, tie-ups



1. Nippon Life to allocate $280m for impact investments, back TPG fund

2. SoftBank hires Goldman Sachs to explore sale options for chip designer Arm after getting inbound interest

3. Skype co-founder, angel investor Toivo Annus passes away at 48

American e-commerce company BigCommerce files to go public

5. HP Enterprise to buy Silver Peak for US$925 million

6  Apple to spend $400 million this year to fight California’s housing crisis

Google signs up Verizon for its AI-powered contact center services

EV start-up Fisker to go public through merger with Apollo-backed firm at combined value of $2.9 billion

9. Salesforce chief scientist Richard Socher leaves to start his own company

10. Cellnex eyes stake in $11b CK Hutchison’s European tower business

11  Stock trading app Robinhood now worth US$8.6 billion after latest funding round

12  Japanese wireless carrier KDDI connects Japan farms and factories to 5G for under $10

13. SiriusXM To Acquire Stitcher Podcast Unit For Up To $325M

14. Robotic process automation software startup UiPath lands $225 million in Series E round

15  Drone-maker Skydio Secures $100M Series C To Grow In New Markets

16. Paige, the computational pathology startup targeting cancer, closes a Series B at $70M

17  Grief Wellness Startup Eterneva Adds $3M To Seed Round


Image Credits: TechCrunch

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