Overseas:
2. Energy Vault raises $110 million from SoftBank Vision Fund as energy storage grabs headlines
3. Pivotal surges 60% after VMware says it’s in talks to acquire the company
4. Business management startup vCita acquires email marketing tool WiseStamp
5. Corporate carpooling startup Scoop raises $60M
6. Video technology and analytics startup Mux raises $20 million to simplify video streaming
7. Flatfair, the ‘deposit-free’ renting platform, raises $11M led by Index Ventures
8. Peer-to-peer boat rental marketplace Boatsetter raises $10M as it looks to grow globally
9. Alegion raises $12 million for data annotation
10. Shopify launches web chat for merchant and customers
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China:
1. HK-based SSG Capital to hit final close of fifth flagship fund this quarter
2. Netease 网易 surpassed Baidu in market value, becoming China’s fifth biggest Internet company
3. Tencent posted a revenue of 88.821 billion RMB in 2019 Q2, increasing 21% year-on-year
4. China’s Meituan Dianping starts building mapping service
5. Fudata 富数科技, big data service provider, finished 8-digit RMB in Series B
6. Wonton 云吞智能, e-cigarette startup, completed 7-digit RMB in Series A
Cross-Border:
1. Huawei launched 6G research in Canada
2. Indian budget hotel booking startup Oyo to invest $335M in vacation rental business in Europe push
3. TransferWise’s debit card launches in Australia and New Zealand, with Singapore to follow
4. WeWork to spend $1b on South East Asia, South Korea operations by 2020
Emerging Market:
1. Nigerian logistics startup Kobo360 raises $30M backed by Goldman Sachs
2. Singaore’s property management tool and marketplace REALly gets US$361K in seed funding
4. Indian healthtech startup Doxper bags $4m to improve healthcare digitization tech
5. Myanmar-based reality-tech startup ShweProperty raises US$3M in fresh funding
6. Indian real estate marketplace Clicbrics raises $3m in pre-Series A funding
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