Chinaccelerator Daily Digest 6/20

Overseas:

  1. Early-stage venture capital firm Mercury Fund targets $125M for fourth and largest fund.
  2. Machine learning startup Falkonry brings in $4.6M in Series A.
  3. Scratchpay, fintech company focused on veterinary care, has raised $6.4M in Series A led by Companion Fund.
  4. Commerce solutions provider Elastic Path has raised $43M in a Series B led by Sageview Capital.
  5. Disney is expected to add cash to its bid for Twenty-First Century Fox assets against Comcast.
  6. Japanese online marketplace Mercari jumps 77% in Tokyo Debut after $1.2B IPO.
  7. Google AI can predict when people will die with “95% accuracy”.
  8. SurveyMonkey finally files for IPO nearly two decades after its founding.

China:

  1. Xiaomi will delay its CDR offering at the Shanghai Stock Exchange.
  2. JD.com records GMV of RMB 159B during 18-day “618” promotion. 3.Koubei invests RMB 100M in Series B funding in online wedding service provider Huanxiong.
  3. Chexingyi 车行易, automotive aftermarket services firm, raises $10M in Series B round led by Ucar.
  4. www.Landi.com (Landi English/兰迪少儿英语) completes RMB 520M in Series C.
  5. Baidu Music is being rebranded with a new name and logo – Qianqian Music 千千音乐.
  6. Bianli 24 (便利24) completes $10M Pre-A round led by Sequoia Capital.

Cross-border:

  1. Amazon Prime launches in Australia.

Blockchain:

  1. Square, U.S. version of Alipay, received Bitcoin trading license from New York State.
  2. Brussels Airport launches blockchain application to track cargo transport.

Mobile:

  1. Google launches its official podcast app.

Southeast Asia:

  1. Singapore’s Sea raises $575M from convertible note offering to boost Shopee, its ecommerce platform.
  2. Tribe theory, startup that manages hostels and hotels for startups and entrepreneurs, expands into India and Indonesia.

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