CHINA:
1. Chinese Retail And Healthcare Remain Robust As Chinese VC Market Deployed $5.45B In July
2. China gathers $12.7b for first green investment fund
3. Luckin Again Announces New Personnel Adjustments, Appoints New Director of the Board
4. Ant Group said to seek $30b in record-shattering IPO
5. Chinese financial information provider Jiemian-Cailian Press raises over 500M RMB
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MOBILE-ONLY MARKETS:
1. Singapore-based fintech startup GoBear announces Kent Huang as new CFO
2. Made in India video conferencing app ‘Lauk’ launched
3. India: Cognizant bets on M&As to expand digital business
4. Biocon Ltd, a biopharmaceutical company headquartered in Bengaluru, set to raise $30 million
5. Shift towards online consultations spurs growth in e-health startups in India
CROSS-BORDER:
1. Beijing’s ALAN AMC set to tie up with Bloomage to establish $143m fund
2. Chinese artificial intelligence company Xiao-i files $1.4 billion lawsuit against Apple
4. Burberry launched its first luxury social retail store, empowered by WeChat
5. Singapore’s United Overseas Bank launches digital bank TMRW in Indonesia
6. DST Global said to near $400m funding in Indian edtech startup Byju’s
7. Temasek joins $250m funding round for agtech firm Farmer’s Business Network
8. SoftBank-backed Grab snags $200m from South Korean PE firm Stic Investments
9. Impact investor FMO committed $33.3m to Asia businesses in July
10. Israeli startup Taranis eyes Asia expansion after raising $30m from Vertex, others
OVERSEAS:
1. Canva backer Blackbird Ventures raises $356m for fourth VC fund
2. Facebook launches commerce and connectivity-focused accelerator programs
3. HSBC first-half profit plunges more-than-expected 65% on bad loan provisions
4. SocGen extends losing streak with surprise $2b loss in Q2
5. Take-Two Interactive coasts to $831.3 million in Q1 2021 revenue as fans flock to online games
6. Kakao Games seeks to raise up to $322m in IPO
7. Twitter warns about possible $250 million FTC fine
8. Google to buy stake in home security company ADT for $450m
9. Recruiting Startup Apploi Buys Credential Management Startup Healthgig
10. $35M In Growth Funding A First For 20-year-old Volante Technologies
11. Credit Suisse Invests $30M In Feather For Urban Furniture Rental
12. Metro Bank is acquiring peer-to-peer lender RateSetter for up to £12M
13. MikMak Secures $10M Series A To Connect Top Brands With Online Retailers
Image Credits: The Verge