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
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
Image Credits: hotelscombined.com