Meituan Dianping

Xiaomi's weak IPO debut may spell trouble for upcoming Hong Kong tech listings

Xiaomi shares closed at HK$16.80, having touched a low of HK$16 in early trade, compared to the IPO price of HK$17 per share.

Swiggy raises $210 mn in fresh funding led by Naspers, DST Global; to ramp up supply chain networks

Swiggy has so far raised $465 million in seven rounds of funding.