1. Tencent Offers to Take Sogou Private, Sogou Shares Rise 43.5%

2. Probiotics supplements manufacturer Beijing Scitop Bio-Tech Co., Ltd raises $70m in ChiNext IPO

3. Chinese Hyper-Converged Infrastructure Developer SmartX Raises $28M

4. Hong Kong-based fintech firm EMQ secures $20m in Series B round

5. Hillhouse Capital Leads Series C Round In Chinese Medical Device Developer Brosmed


Check out our latest podcast about “China’s Changing Regulations on Gaming, with Greg Pilarowski, Legal Expert & Founder of Pillar Legal” here

Check out our latest blog post about “Founders Explain How They Succeeded with Their MVPs” here

Join our upcoming webinar “Digital Transformation Converting Consumer Data into Gold”, where you will learn how to use data to innovate within your organization especially in a post-Covid19 world; Register here



1. Arbor Ventures expects portfolio exits in 2-3 markets in next 12 months

2. SG-based digital wealth management startup StashAway raises US$16M Series C led by Square Peg

3. India: Twitter-backed social media startup ShareChat nabs up to $40m from investors

4. Indian IT giant Infosys co-founder Shibulal, family offload 8.5m company shares

5. India: Softbank-backed e-grocery startup Grofers to launch IPO next year

6. India bans additional 47 apps cloning restricted Chinese services



1. Tencent’s Wechat halts service for Indian users

2. Tencent-backed Real Estate Service Platform Operator Ke Holdings Targets $1B US Listing on July 24

3. Indian court summons Jack Ma, Alibaba in worker lawsuit

4. Huawei cuts India revenue target by up to 50%, retrenching staff

5. AstraZeneca Strikes $6 Billion Cancer Drug Deal with Japan’s Daiichi Sankyo Co.

6. SoftBank-backed Fortress Investment’s second SPAC seeks $300m in US IPO

7. Credit Suisse invested $100m in Ant Group, lining up windfall

8. HK-based Steadview Capital invests $85m in Sequoia-backed Indian SaaS unicorn Freshworks

9. U.S. satellite broadband provider Hughes Network to invest $50m to join Bharti-backed OneWeb consortium

10. Beijing-based Sherpa Healthcare Partners closes maiden USD fund



1. Cloudflare launches Workers Unbound, the next evolution of its serverless platform

2. Google extends its coronavirus work-from-home order to summer 2021

3. Intel engineering leader Murthy Renduchintala will leave as the company mulls manufacturing shift

4. Tinder Hires Ex-CBS Interactive Boss Jim Lanzone as CEO

5. Walgreens Says Stefano Pessina to Step Down as CEO, Become Chairman

6. Digital elective care and telemedicine provider Ro raises $200 million at a reported $1.5 billion valuation

7. Biodesign startup Geltor Lands $91.3M Series B

8. Raises $25M Debt Financing To Modernize Buying Homes In Mexico

9. gets $18.6M to take its air freight booking platform over the pond

10. Construction tech startup OpenSpace Lands $16M Series B

11. Tandem snags $5.7M for its language buddy app amid COVID-19’s e-learning boom

12. Tire Agent, the startup looking to bring the tire industry into the 21st century, raises $5 million

13. WhizAI Raises $4M To Advance Business Intelligence Software For Life Sciences

14. Pyn Brings In $2M For Employee Messaging Tool


Image Credits: SCMP

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