Chinaccelerator Daily Digest 2019/6/28

Overseas:

1. Google Cloud swallows Alphabet’s Chronicle

2. Suzuki, Mazda, Subaru, Isuzu Motors and Toyota invest in SoftBank-Toyota self-drive venture

3. SpaceX raising over $300 million as new Ontario Teachers’ tech fund makes its first investment

4. TripActions, a Corporate Travel Startup, Raises $250M At $4B Valuation In Largest Round To-Date

5. Fungible raises $200 million led by SoftBank Vision Fund to help companies handle increasingly massive amounts of data

6. Ornikar raises $40 million for its driving school marketplace

7. Taster raises another $8 million for its native food delivery brands

8. Fellow raises $6.5M to help make managers better at leading teams and people

9. WeGift, the digital rewards platform, raises £4M Series A

10. Amperity update gives customers like Alaska Airlines, Nordstrom and The Gap more control over Customer Data Platform

11. Station F launches a co-living space for 600 startup people

12. Overstock.com unit tZERO to launch digital currency wallet, exchange app

13. International Finance Corp Report: Corporates in Asia with more women on board deliver better results

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China:

1. Data collection industry flourishes as China pursues AI ambitions; villagers provide image data in exchange for cookware

2. Microsoft to Create 1,000 New Jobs in China

3. China’s Fukong to Sell Main UK Game Asset Jagex for USD530 Million to Pare Debt

4. Microsoft-backed AI firm Laiye bags $35m in Cathay Innovation-led Series B+

5. WeChat bolsters offering for B2B mini-program providers, to accelerate approvals and provide training 

Cross-Border:

1. Uber targets expansion in fast-growing West African markets, to provide boat service in Lagos

2. Dating app Tinder reinventing itself to win over Asia

3. US Bird Scooters expands globally by letting others run the operations, like Toronto Raptors founder in Canada

Emerging Market:

1. Amazon Web Services to boost Argentina presence with data ‘Edge’

3. Ride-Hailing Giant Grab Accelerates Expansion Plans With $300M Infusion

4. Vietnam’s Vingroup in deal with Fujitsu unit, Qualcomm to make 5G phones

5. Indian online pharmacy 1MG closes $70m funding round led by Corisol, IFC

6. Insurtech startup for informal workforce Gigacover raises funding led by Vectr Fintech (HK)

Image credits: BetaNews