Chinaccelerator Daily Digest 10/9

Overseas:

1. Cryptocurrency marketplace Coinbase eyes new round at $8B valuation

2. Developer of an AI-powered mobile travel booking app Hopper raises $100M for travel app

3. Alphabet to shut Google+ social site after user data exposed

4. Microsoft testing new game-streaming service called Project xCloud 

5. Microsoft’s LinkedIn spent over $400 million on Glint, which helps companies understand if their workers are happy

6. Cisco is the lead investor in a $500 million venture fund focused on early-stage bets

7. Industrial giant Siemens invests in a start-up that’s creating ‘human-eye resolution’ virtual reality, Varjo

8. Machinify raises $10 million to help businesses use AI to monetize data

9. Google Slides gets real-time automated captions

10. SoftBank Vision Fund gets $45B infusion from Saudi sovereign wealth fund 

11. Microsoft’s $7.5 billion GitHub deal set for EU approval

 

China:

1. McDonald’s starts delivering McCafé in Shanghai

2. B2B second hand transaction platform Pingdengcheshi 平等车市 secured 7-digit RMB in Angel Round.

3. Deep Intelligent Pharma 深度智耀, a Beijing-based AI and Blockchain driven drug development startup, raised  15 million USD from Sequoia China in B round.

 

Cross-border:

1. Microsoft to invest in Southeast Asian ride-hailing firm Grab

2. China’s Tencent invests $180 million in Brazil fintech Nubank

 

Emerging Market:

1. Online printing service Gogoprint has secured US$7.7M Series A funding

2. Indonesia’s online community platform KASKUS has invested in NLP company Prosa.ai

3. Core Capital pairs up with Gobi Partners to launch new US$10M fund for Philippines

Cover picture credits from WTNH.com

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