Overseas:

1. SoftBank reportedly plans to lend employees as much as $20 billion to invest in its VC fund

2. Austin-based marketing software OutboundEngine Closes on $14.3M in debt and equity funding

3. Analytics platform ClearBrain launches tools focused on connecting cause and effect

4. Teeth-straightening service SmileDirectClub files to go public

5. Y Combinator-backed Narrator wants to become the operating system for data science

 

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China:

1. China’s M&A market continued to decline in 2019 Q2; bio-medical sector showing good performance

2. Chinese smartphones accounted for 42% of the global market in 2019 Q2

3. China’s ETC  Platform, electronic toll collection, was officially launched

4. Tencent’s investments in 2018 included 40% entertainment related companies , according to report by Itjuzi IT桔子

5. Xiaobangguihua 小帮规划, financial planning and consulting platform, completed 200M RMB in Series B

6. Unimedia 玖众传媒, media company mainly operating on highways, to receive 7-digit RMB strategic investment  by JD.com 京东

 

Cross-Border:

Emerging Market:

1. RedDoorz raises $70M to expand its budget hotel network in Southeast Asia

2. Singapore-based HR tech startup StaffAny raises $722k in seed funding

3. YC-backed Lokal wants to bring local news, classifieds to 900 million Indians in their regional languages

Image Credits: hotelscombined.com

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