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Chinese companies raise USD 4.4 billion from IPOs in the US, Q1

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

Listing activity on domestic exchanges, meanwhile, has cooled down. In the first quarter of this year, 20 Chinese companies listed in the US, compared to six in Q1 2020, according to data from Deloitte China cited by local newspaper Securities Daily. The total amount of money raised reached USD 4.37 billion, which is nearly 12 times more than the USD 370 million from the same period last year.

KEY STAT | Chinese firms raise nearly 12x more money year-on-year in US markets | KrASIA

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KEY STAT | Chinese firms raise nearly 12x more money year-on-year in US markets

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

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Julianna Wu

Tencent, a Chinese tech conglomerate, invests in gaming, social media, and cloud services, supporting entertainment and connectivity worldwide.

Tencent

How can businesses drive positive change? Study policies, ESG strategies, and community initiatives fostering global social advancement.

Social Impact

App-based keyboards can have data trackers built in. Tencent is moving to plug the leak.

Tencent tests new WeChat keyboard to curb data leakage | KrASIA

Tencent tests new WeChat keyboard to curb data leakage

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Song Jingli

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

A witness said he was astonished by the way a protestor who stood atop a Tesla Model 3 was dragged away by security guards.

Chinese state media fires warning at Tesla after protest at Shanghai auto show goes viral | KrASIA

Chinese state media fires warning at Tesla after protest at Shanghai auto show goes viral

ZTE woes may steer China’s AI chip development into a different direction

What grounds digital progress in physical form? Analyze chipsets, sensors, and advanced components driving device performance.

Hardware

What powers digital devices? Delve into chip design, manufacturing bottlenecks, and semiconductor breakthroughs fueling global electronics.

Semiconductors

Surging demand and political tension play havoc with global supply chains.

How the chip shortage got so bad, and why it's so hard to fix | KrASIA

How the chip shortage got so bad, and why it&#8217;s so hard to fix

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

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Nikkei Asia

Luckin Coffee provides app-based ordering, convenient pickup, and a broad beverage menu, reshaping China’s coffee consumption patterns.

Luckin Coffee

How do platforms deliver on immediacy? Analyze ride-hailing, instant deliveries, and gig models meeting consumer needs fast.

On-demand Services

What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

Private Equity

How do stores adapt to digital shifts? Explore e-commerce integration, inventory analytics, and omnichannel strategies for modern shoppers.

Retail

The company plans to use the money to facilitate its proposed offshore restructuring and fulfill its obligations under the USD 180 million settlement with the US SEC.

Scandal-hit Luckin Coffee raises USD 250 million, regains trust from investors | KrASIA

Scandal-hit Luckin Coffee raises USD 250 million, regains trust from investors

How are driverless systems redefining mobility? Uncover sensor technologies, regulatory frameworks, and AI driving cars without human intervention.

Autonomous Vehicles

How is the way we move evolving? Explore developments in autonomous transportation, electric vehicles, and more efficient urban transit.

Mobility

The company currently operates in the US cities of San Diego and Tucson. Chinese startup TuSimple (NASDAQ: TSP) kicked off its public listing on Thursday, raising USD 1.1 billion at a market capitalization of USD 8.5 billion. The offering price of USD 40 was higher than the indicated range of USD 35 to 39. It ended the day unchanged.

KEY STAT | Driverless truck developer TuSimple debuts on Nasdaq | KrASIA

KEY STAT | Driverless truck developer TuSimple debuts on Nasdaq

Grab, a Southeast Asian superapp, provides ride-hailing, food delivery, and mobile payments, connecting millions to on-demand services.

Grab

Southeast Asia’s tech ecosystem is a melting pot of startups and businesses of all sizes, all vying for rapid growth.

What redefines personal transport? Investigate pricing models, user experience, and new entrants reshaping door-to-door mobility.

Ride-hailing

Malaysia

Singapore

Opinion

Accumulated losses reach USD 10 billion; Singapore company raises Myanmar risk.

Grab CEO takes 60% of voting rights: 5 take-aways from IPO plan | KrASIA

Grab CEO takes 60% of voting rights: 5 take-aways from IPO plan

Jia Yueting, founder of formerly highflying technology conglomerate LeEco Holdings, has been fined USD 36.81 million by Chinese regulators over false and inadequate financial disclosures in the 2010 IPO of its video streaming unit in Shenzhen and other fundraisings.The fine comes as Faraday Future, a California-based electric vehicle maker that was backed by Jia and LeEco, is in the midst of a USD 1 billion deal to list on the Nasdaq Stock Market through a merger with a special purpose acquisition company (SPAC) called Property Solutions Acquisition Corp.

China fines SPAC-linked fallen tech tycoon USD 37 million over IPO fraud | KrASIA

China fines SPAC-linked fallen tech tycoon USD 37 million over IPO fraud

Why do firms join forces? Investigate synergy goals, valuation methods, and negotiations driving corporate consolidation.

Merger &amp; Acquisition

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

Grab announced today that it will undergo a SPAC merger with Altimeter Growth Corporation (NASDAQ: AGC) that will place a USD 39.6 billion valuation on the Southeast Asian company.

Grab steers into New York for world's largest SPAC merger | KrASIA

Grab steers into New York for world&#8217;s largest SPAC merger

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Ursula Florene

DJI sets industry standards in drone technology, offering aerial imaging, filming solutions, and advanced flight controls for professionals and hobbyists.

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

What drives digital storytelling? Examine content creation, distribution channels, and media platforms connecting audiences worldwide.

Content

How do ideas shape industries? Learn how content, design, and digital artistry influence branding, marketing, and cultural impact.

Creative

What happens when viewers join in real time? Explore live streaming platforms, audience interaction tools, and brand opportunities in instant video.

Live Streaming

Can brief clips hold lasting impact? Analyze short-form content trends, creator communities, and platform strategies for rapid viewer engagement.

Short Video

How do visuals captivate global viewers? Dive into streaming services, production models, and evolving formats defining video engagement.

Video

A year after launch, DJI’s Osmo Pocket 3 remains hard to find, fueled by social media buzz, a growing female user base, and the vlogging boom.

DJI’s Pocket 3 is selling out faster than it can restock—here’s why | KrASIA

DJI’s Pocket 3 is selling out faster than it can restock—here’s why

36Kr is China's most influential business and technology network. Since 2010, 36Kr has been delivering high-quality content focused on China’s innovation and new economy trends. With its extensive traffic and network, 36Kr has built a comprehensive database and strong data analytics capabilities to provide insights into China’s technology landscape.

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36Kr English

JD.com, a Chinese e-commerce leader, ensures trusted transactions, efficient logistics, and a wide product selection for online shoppers.

JD.com

What sets the bar for convenience? Examine on-demand platforms, subscription models, and personalization transforming consumer expectations.

Consumer Services

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

E-commerce

What changes the way we shop? Review fresh inventory management, dark stores, and logistics driving door-to-door grocery services.

Grocery Delivery

With new locations opening in Beijing and Tianjin, JD.com is doubling down on its hybrid grocery strategy.

JD.com’s 7Fresh ramps up warehouse store expansion in key cities | KrASIA

JD.com’s 7Fresh ramps up warehouse store expansion in key cities

Qatar

A surge in investor participation and startup activity signals that Qatar’s investment in innovation is paying off.

From World Cup to Web Summit: Qatar strengthens its global business appeal | KrASIA

From World Cup to Web Summit: Qatar strengthens its global business appeal

I'm Xiaochun with 36Kr Global [kri’eɪʃə], a newborn digital media with a dedication to help Asia uncover its innovations and to create.

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