Chinaccelerator Daily Digest 2019/6/17

Overseas:

1. Mexico blamed Walmart’s size, access to rivals’ data in blocking its deal to buy delivery app Cornershop

2. Game industry TV ad spend decreases in May, led by Nintendo with 45.6% of spend

3. Amazon Spark, the retailer’s two-year-old Instagram competitor, has shut down

4. Facebook is creating photorealistic homes for AIs to work and learn in with Habitat

5. Berkeley and Adobe researchers have created a tool to detect whether faces have been Photoshopped

6. Walmart’s JV partner Eko teams up with Refinery29 on interactive videos

7. American digital media company Genius says it caught Google red handed copying its lyrics and robbing them of valuable search traffic

8. MIT Computer Science and Artificial Intelligence Laboratory’s AI can visualize objects using touch

 

China:

1. Zhejiang Province to Build China’s First County-Level Driverless Test Zone

2. Poor Quality, Lack of Blockbusters Drop China’s Box Office For the First Time in Nine Years

3. Huawei prepares for 40%-60% fall in international smartphone shipments 

4. Business security company Threat Hunter 威胁猎人 acquires yunjingwang 云净网 to create a comprehensive content security solution

5. Beauty app Bevol 美丽修行 raised Series A funding, led by Qingsong Fund 青松基金

6. Facial recognition tech helps find missing persons in China, performed 201,198 operations in 2018

 

Cross-border:

1. Tencent launches video streaming in Thailand, eyes SE Asia expansion

2. Ericsson, Nokia secure key 5G contracts in China

3. UK-based Media 10 sells Chinese design sector event firms, Design Shanghai and Design China Beijing to Clarion Events

 

Emerging Market:

1. Indonesia expects more foreign investment after ratings bump to ‘BBB’

2. India-based retail tech startup Arzooo built by former Flipkart execs bags $1m pre-series A

 

Image credits: YiCai Global

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