Overseas:
1. YouTube said to be fined up to US$200M for children’s privacy violations
2. S Korean buyout firm VIG Partners to sell HiParking in US$140m deal
3. E-cigarette maker Juul raises over US$750 million in expanded funding round
4. Credit Sesame, a platform for managing loans and credit scores, picks up US$43M en route to IPO
7. Baze, at-home blood testing startup, rakes in US$6 million from Nature’s Way
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China:
2. Didi Chuxing 滴滴出行 to launch self-driving rides in Shanghai and expand them beyond China by 2021
3. Suning’s 苏宁 revenue grew by 22.49% YoY to 135.57 billion RMB in Q2 2019
4. Chinese sportswear retailer Topsports 滔博国际 to seek approval for $1b IPO
5. yunhuyj.com 云呼科技, platform for medical examination services, received 220M RMB in Series Pre-B
7. Huimei 惠每科技, AI-based clinical decision support system (CDSS), raised US$30M in Series C
Cross-Border:
1. After 5,000 games, Microsoft’s Suphx AI can defeat top Mahjong players
2. Mexico-based fintech startup Credijusto Raises US$42M Series B led by Goldman Sachs PSI
Emerging Market:
1. Singaporean BreadTalk Group to buy food-court operator Food Junction for US$80m
2. Indian B2B marketplace Udaan raises US$373.5m, valuation jumps to US$2.3b
3. Indian data analytics firm Tracxn to raise US$3M
4. Latin American delivery app Rappi to double numbers of cities it operates in by year-end
Image Credits: chinamoneynetwork.com