ByteDance mulls NY or Hong Kong listing for short video app Douyin
The company had also been considering listing some of its Chinese businesses including Toutiao.
Self-driving truck startup Plus raises $220m led by Fountainvest, Clearvue
Plus raised $200 million in February from Guotai Junan, CPE, and Wanxiang International.
HK bourse proposes changes to encourage more secondary listings
Non-Chinese firms currently have more options for carrying out secondary listings in HK than Chinese ones.
Hitachi to buy US software developer GlobalLogic for $9.6b as it pivots to digital services
GlobalLogic is owned 45% each by Canada Pension Plan Investment Board and Swiss investment firm Partners Group.
Hex Trust snags $6m and 16 more deal updates from Greater China
We have also put together a table listing out VC deals in Greater China from March 30-31, 2021.
India: Piramal Pharma to acquire 100% stake in Hemmo Pharma for $105m
This is the third acquisition for PPS in the pharma space this fiscal.
Singapore blockchain firm imToken secures $30m Series B led by Qiming Venture Partners
Breyer Capital, HashKey, and Signum Capital joined the company’s roster of investors.
India: FirstCry snags $315m from TPG, ChrysCapital and Premji Invest
The deal has reportedly valued SoftBank-backed FirstCry at around $1.9-2.1 billion.