Overseas:
1. Disney closes its $71.3B Fox acquisition
4. Google fined $1.7 billion for search ad blocks in third EU sanction
5. At IPO road show, Lyft executives look to lower insurance costs
6. Nvidia partners with SoftBank to deploy cloud gaming servers in Japan
8. Starbucks will anchor the new $400 million food-focused Valor Siren Ventures fund
9. Volvo to add in-car sensors to prevent drunk driving
10. Cloud services provider Fastly taps bank for IPO
11. Toyota, Suzuki charge up partnership for electric cars
12. Ford to build new factory in Michigan for autonomous vehicles
13. Skedulo raises $28M for its mobile workforce management service
14. Movius raises $45M for its business communications service
15. Opendoor raises $300M on a $3.8B valuation for its home marketplace
16. PicsArt hits 130 million MAUs as Chinese flock to its photo editing app
17. Skymind raises $11.5M to bring deep learning to more enterprises
18. Music’s next big startup Splice raises $57.5M to sell samples
19. Welcome Pickups lands €3.3M funding to offer ‘in-destination’ travel services
20. Blameless emerges from stealth with $20M investment to help companies transition to SRE
21. Portworx raises $27M Series C for its cloud-native data management platform
22. Abstract, a versioning platform that helps designers work like developers, raises $30M
China:
1. Foxconn Ventures sells $398.4 million in Alibaba stock
2. Xiaomi weathers China smartphone slowdown but growth worries hit shares
3. Spotify rival Tencent Music posts maiden quarter loss of $130M on one-off costs
5. Shanghai University of Engineering Science Is First Chinese College to Install Full 5G Coverage
6. China Unicom Partners Chinese Academy of Sciences on 5G-Based Remote Sensing
7. Alibaba Teams With Aisino to Build Blockchain Lab for Online Invoicing
8. Meitu will shut down the smartphone business completely in 2019
Cross-border:
Emerging Market:
3. The Philippines rejects Go-Jek’s appeal for ride-hailing licence
4. Online trucking logistics company Kargo receives over US$130K from Yoma Bank
5. Indonesian auto platform Mobilkamu raises Series A funding round
6. e-Wallet OVO partners with Taralite, Bareksa, Do-It to further financial inclusion
7. Singapore fund Sistema Asia Fund sells its stake in India’s Qwikcilver to Pine Labs
Cover picture credits from ComingSoon.Net