Chinaccelerator Daily Digest 10/16

Overseas:

1. Qualcomm, FTC ask judge to delay ruling in an antitrust case U.S. regulators brought against the mobile chip company

2. Cloud software firm Twilio to buy SendGrid in $2 billion deal

3. Apple is teaming up with medical device company Zimmer Biomet for Apple Watch app to help patients recover faster from knee and hip replacements. 

4. Apple bought a music analytics company Asaii that’s likely to beef up Apple Music playlists (Rumor)

5. TravelPerk grabs $44M to take its pain-free SaaS for business travel global

6. Disney-backed Jaunt lays off ‘significant’ number of employees as it moves away from VR

7. San Francisco-based AllTrails, an app for hiking and mountain biking enthusiasts, has raised $75 million

8. Google CEO says China search engine would serve 99 per cent of queries, takes a swipe at Baidu

9. Self-taught musicians hit the high notes on app-connected digital keyboards and string instruments

China:

1. Toutiao published an e-commerce platform Zhi Dian 值点

2. Ksher, a Chinese company that facilitates cross-border travel-related transactions, has raised a US$10 million Series A from Sequoia Capital

3. ZStore, a Hong Kong-based e-commerce company raises US$8million Series B for R&D and hiring

4. Supply chain finance service provider Lian Yi Rong 联易融 raised 220 million USD in C round.

Cross-border:

1. Info Edge India stock jumps 6% after Indian restaurant search and discovery service Zomato signs agreement for $210 mn fund from Alibaba

2. Xiaomi now plans to foray into consumer finance and business-to-business lending in India

Blockchain:

1. Crypto exchange Coinbase opens Dublin office as Brexit looms

2. Fidelity launches new company for trading and storing cryptocurrencies

3. Sony develops blockchain solution for rights management with internal partnerships

Emerging Market:

1. VC firm Gobi Partners has made it to Indonesia with the launch of Gobi-Agung Fund

Cover picture credits from The Motley Fool