Chinaccelerator Daily Digest 2019/7/29

Overseas:

1. Apple could release the Apple Card, credit card for US customers, during the first half of August

2. Report claims all three new iPhones planned for 2020 will support 5G

3. The London Stock Exchange Group seeks to acquire GIC-backed Refinitiv, financial data provider, in deal valued at US$27b

4. Sony crowdfunded a personal air conditioner, but only in Japan for now

5. Bytedance’s TikTok reporting annual income of US$10M, increase of 588%

6. Fintech decacorn Nubank raises $400M led by TCV

7. Muzmatch, matchmaking app for Muslims, adds $7M to swipe right on Muslim-majority markets

8. Japanese space startup Synspective raises $100m total funding

Check out our latest podcast here

Check out our latest blog post here

China:

1. Chongqing steps up robotaxi push with launch of 5G-enabled testing zone

2. Joy Capital 愉悦资本 raising $700M for early-stage investments in China

3. Tencent 腾讯 renewing partnership with NBA from 2020 to 2025 for US$1.5 billion

4. Chinese fintech platform 9F Group 玖富 files for US IPO, aiming to raise $150 million

5. China’s Linkfin Tech, who offers an auto-backed loan to micro-businesses and individuals, raises $50m in Series B from JD.com, Tencent

6.Wanda Sports Suffers Disastrous IPO

7. immomo 陌陌 launching new social platform app, called 瞧瞧, focused on chat-experience

8. Kwai 快手 announcing launch of 笑番视频 social platform centred on funny short-videos 

9. NOLO, interactive VR technology startup, finishing 8-digit RMB A funding round 

Cross-Border:

1. WhatsApp reaches 400 million users in India, its biggest market

2. Grab to invest $2b in Indonesia from SoftBank funding

3. Japan’s Line expands Thai operations with e-grocery venture

4. US-based JUUL Labs, e-cigarette unicorn, forays into Indonesia to cater to 67m smokers

Emerging Market:

1. Singapore-based hospitality startup RedDoorz raises $45m to ‘aggressively’ pursue growth opportunities

2. StashAway, Singaporean Robo-advisor, bags $12m in series B round

3. Nutrition Technologies, Singaporean agri-tech company, closes Series A led by Openspace, SEEDS Capital

4. Philippines’s AI-powered school management startup Edusuite secures over US$235K funding

5. Clearbridge Health to raise $11.3m from share placement

Image Credits: sport.qq 腾讯体育