Chinaccelerator Daily Digest 2019/7/31

Overseas:

1. Real estate platform Compass raises another $370M on a $6.4B valuation en route to an IPO

2. Team collaboration platform Monday.com raises $150 million at $1.9 billion valuation

3. Catalyst raises $15M from Accel to transform data-driven customer success

4. Confluera raises $9 million to intercept real-time cyberattacks

5. Mobile messaging financial advisory service Stackin’ adds banking features and raises $4 million

6. Portland-based Vacasa to acquire Wyndham Vacation Rentals for $162M

7. Vymo raises $18M to help on-the-go salespeople do more

8. Truework raises $12 million to verify people’s identity automatically

 

China:

1. China launches new online privacy compliance assessment tool to help apps spot privacy flaws

2. Toutiao 今日头条 launched new version of personal assistant, including an image and text recognition function

3. Huawei reported having shipped 118 million smartphones in the first half of 2019, up 24% from a year earlier

4. Xiaomi 小米 to provide developers of its overseas app store with free resources worth 100 million RMB

5. Social e-commerce platform Xiaohongshu pulled from China’s app stores

6. Golden  Axe 金斧子, B2C Internet wealth management platform, completed a 172 million Pre-D funding round

7. Zhongneng United众能联合, B2B equipment rental platform, finishing 1.5 billion RMB strategic funding round

8. Nasi 纳斯received 7-digit RMB in angel investment round. Nasi is an e-commerce company, which sells products via livestream on Taobao

9. Nosh, Hong-Kong cloud kitchen startup, raises $1.7m in pre-series A funding, rebrands corporate business into ‘Spoonful’

 

Cross-Border:

1. Alipay expands footprint in Africa with Flutterwave tie-up

2. China’s Vivo is eyeing smartphone users in Africa and the Middle East

3. AWS follows Microsoft into the Middle East, opening new region in Bahrain

 

Emerging Market:

1. Sequoia Capital India may raise $200m to add to its existing fund

2. Singaporean Economic Development Board to launch new program to help tech firms set up teams in Singapore

3. UnionBank of the Philippines issues first ever peso-based cryptocurrency

4. GoPay, Gojek mobile payment app, now available on Indonesia’s Google Play Store

5. Truecaller pushes software fix after covertly signing up Indians to its payments service

Image Credits: Medium

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