1. Lyft jumps into the bikesharing space with startup Motivate, the company behind Citibikes and Ford GoBikes. 
  2. Facebook buys UK’s Bloomsbury AI to ramp up natural language tech in London and combat fake news. 
  3. Dell is going public again. 


  1. Apparel inventory distribution app Aikuncun 爱库存 completes RMB 580M Series B led by Legend Capital.
  2. Alibaba-backed Babytree, online parenting community and e-commerce service, plans Hong Kong IPO. 
  3. Alibaba’s CDR release plan was postponed this month. 
  4. Internet home improvement platform, Qijia.com, postpones IPO to July 12. 
  5. Toutiao will release a new paid reading function. 
  6. Tech company HTC lays off 1500 people in Taiwan in its manufacturing department. 
  7. Pony.ai gets autonomous-driving T3 license in Beijing. 


  1. Uzabase, Japanese new media company, buys New York-based online business outlet Quartz to expand out of Asia. The sale will cost between $75M and $110M. 
  2. India-based HR tech provider Leena AI joins Y Combinator. 
  3. Investment firms London-based Centricus and Chinese companies China Merchants Group and SPF Group are teaming up to  launch a $15B fund to acquire and invest in tech companies, primarily those in China.  


  1. Thai security firms to team up for crypto exchange launch. 
  2. BTCC, one of the longest running and once top-three trading platforms in China, is relaunching its exchange business with a plan to issue its own tokens. 


  1. Huawei will launch an e-sports mobile phone in the second half of this year. 

Emerging Market:

  1. Singapore-based Trax, computer vision and image recognition platform for food and drink retailers, raises $125M Series E led by Boyu Capital. 
  2. Singapore-based Ocean Freight Exchange, AI analytics startup for marine logistics, raises $3.3M in seed funding. 



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