CHINA:
1. Ride-hailing giant Didi seeking HK$600B IPO
2. Alibaba’s fintech arm Ant Group plans concurrent IPOs on Shanghai’s STAR Market, Hong Kong Exchange
3. Meituan Dianping-backed Chinese EV maker Li Auto targets $100M US Listing on July 31
4. Chinese Aidea Pharma marks debut on STAR Market, raises $120m
5. Fidelity Leads $97M Series C Round In Chinese Oncology Medicine Firm Antengene
6. IDG-backed imaging technology company Xpect Vision Technology bags $21m in Series B+ round
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MOBILE-ONLY MARKETS:
1. Indian PE firm Kedaara in talks to back fantasy sports unicorn Dream 11’s $200m round
3. India: Asset management firm MPowered raises $21m as part of pre-Series A round
4. India: Connected vehicle platform Sibros raises $12m in Series A round led Nexus Venture Partners
5. Indonesia’s P2P lending startup AwanTunai bags up to $20m debt facility led by Accial Capital
6. SG’s NDR Medical raises $5.8m Series A led by Microport Scientific Corp
7. Singapore property tycoon Kishin RK to open 1,000 cloud kitchens across Asia
CROSS-BORDER:
1. SoftBank hired Goldman Sachs to sell data-and-device-management unit Treasure Data for $1B
2. Vodacom partners with China’s Alipay to create super app in South Africa
3. Singapore-based marketing SaaS startup Insider gets $32 million to enter the US
4. SG digital banking startup Percipient raises $5m from Silicon Valley impact fund Stat Zero
OVERSEAS:
1. IBM improves gross margins in Q2 under new CEO
2. Microsoft-owned Minecraft will stop using Amazon’s cloud
3. Mastercard expands cryptocurrency program to allow more firms to issue cards on its network
4. TikTok considering the UK as an option for its global HQ
5. Uber drivers sue for data on secret profiling and automated decision-making
6. London’s Polymateria Raises Approximately $18.9M For New Plastics
7. Sibros Drives Connected Vehicle Platform With $12M Series A
8. Effx raises $3.9M for its DevOps monitoring platform
Image Credits: CNN