Overseas:
1. Thanksgiving e-commerce spend to top $3.5B, mobile accounting for one-third of sales
2. Ikea to cut 7,500 jobs by 2020 in push for e-commerce
3. Wluper, a London-based startup building a better conversational AI, picks up $1.3M seed
4. Instagram will soon be revamping your profile with a new look
5. Microsoft and Google working on a Chrome version for Windows on ARM
6. Soundbrenner’s wearable metronome gets a modular upgrade
7. Zizoo, a booking.com for boats, sails for new markets with $7.4M on board
China:
1. Tencent e-wallet is following Alibaba to Hong Kong subways
2. Tesla cuts China car prices to absorb hit from trade war tariffs
3. Meituan Dianping shares plunge most since Hong Kong IPO after losses widened on higher costs
5. China’s e-commerce consumers given more duty-free spending power to help boost imports
6. Baidu Discontinues Downloads for Its PC Anti-Virus Software
7. Chinese electric car maker LeapMotor raises $288m
8. Evergrande responded to the rumor that “FF was included in the US 301 investigation”
9. 《R2Beat(QQ音速)》 announced the delisting of the official service at the end of 2019 （Gaming Platform)
11. “Elensdata (一览群智)” to complete the 150 million A round of financing
Cross-border:
Cross-border fintech startup Instarem raises $20M for global expansion
Blockchain:
Bitcoin Mining Firm Giga Watt Declares Bankruptcy Owing Millions
Mobile:
1. Both Samsung and Huawei are considering similar names for their foldable phones
2. Samsung, Huawei and Apple shipped the most phones in Q3
Emerging Market:
1. Airbnb homes in on African growth story
2. Malaysia-based travel tech startup LokaLocal secures funding at a valuation of US$1.5M
3. Singapore fintech startup oCap acquired in US$45M reverse takeover deal
Cover picture credits from TECHJUICE