Overseas:
1. Venture firm Uncork Capital cracks open two new funds
2. Sony to buy ‘Spider-Man’ developer Insomniac Games
3. Microsoft, Nvidia team up for more realistic visuals on Minecraft game
5. Car insurance startup Root Insurance raises $350M in Series D
6. Digital mortgage startup Better.com raises $160M in Series C at $600M+ valuation
7. Simon Data hauls in $30M Series C to continue building customer data platform
8. Ally raises $8M Series A for its OKR solution
9. LA-based Brainbase raises $3 million for its intellectual property licensing management tech
10. Men’s personal care startup Huron raises $1M
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China:
1. China’s 10 biggest apps’ traffic value accounted for more than 50% of all apps
2. Xiaomi 小米, OPPO and VIVO to partner for cross-brand data transmission
3. Baidu beats revenue estimates on strong video streaming growth
4. Bytedance 字节跳动 is developing new e-commerce App
6. Ecommerce platform imdada.cn 达达-京东到家 plans to go IPO next year on NASDAQ
Cross-Border:
Emerging Market:
1. Vietnamese EdTech firm Everest Education banks $4m in series B round
2. Indonesian wellness startup RIDE gets US$1.25M Pre-Series A funding, rebrands into R Fitness
Image Credits: theverge.com