Overseas:
1. Brick & Mortar fund raises $97 million to make construction tech-savvy
2. Broadcast TV and radio network CBS reaches merger deal with multimedia conglomerate Viacom
3. Domino’s embraces delivery via e-bike, following in the footsteps of GrubHub and UberEats
4. European blockchain company Bitfury launches artificial intelligence unit
5. Conversational AI platform Uniphore raises $51 million
7. Cloud-native data management company Kasten raises $14 million for app backup and recovery services
8. OpenSpace raises $14 million for AI platform that visually tracks construction projects
9. Gaming startup Singularity 6 raises $16.5M from Andreessen Horowitz to create a ‘virtual society’
10. Dostavista, the ‘crowdsourced’ same-day delivery service, raises $15M Series B
11. Rimeto lands $10M Series A to modernize the corporate directory
China:
1. China Everbright leads $283M investment in Terminus Technologies, smart city solution provider
2. WeChat payment 微信支付 reached strategic cooperation with 洽洽食品, snack food enterprise
3. JD.com 京东 net revenue accounted for 150.3 billion RMB in 2019 Q2, beating the market expectation
4. Douyu 斗鱼 revenue saw an year-on-year increase of 133.2%, reaching in 2019 Q2 1.873 billion RMB
5. Spacebox 盒子空间, day-time apartment rental service platform, raises 50M RMB
6. China’s 3D printing startup LuxCreo raises $30m led by Kleiner Perkins
7. Qfpay 钱方好近, digital payment company, raised US$20M
8. QureBio 启愈生物, pharmaceutical technology company, completed 7-digit RMB in Series A
Cross-Border:
1. NY-based Palm Drive raising up to $150m for third US-Asia venture fund
2. Amazon in talks to buy up to 10% stake in India’s Future Retail
Emerging Market:
1. SAP launches Singapore accelerator for SE Asian enterprise tech start-ups
2. Singapore property marketplace Flat Monthly takes home $320k in seed funding
3. Pakistani stop-to-stop bus app Airlift raises $2.2m to expand to more urban centers
4. Myanmar fitness app Flexible Pass raises 6-figure pre-series A funding
5. Thai buffet dining app Hungry Hub bags $450k from Expara
Image Credits: stock.gucheng.com