Overseas:

1. Amazon will use AI to help you shop for clothes with StyleSnap

2. Amazon Unveils Futuristic Helicopter-Plane Hybrid Drone for Deliveries

3. Salesforce forecasts full-year results above expectations, shares rise

4. Connected bike and treadmill-maker Peloton files confidentially for IPO

5. On-demand scooter business Bird is in talks to acquire scooter startup Scoot

6. Yellowbrick Data raises $81M Series C for hybrid data warehouse

7. Conversational AI Recruitment Platform AllyO Announces $45M Series B

8. Digital advertising company AdHawk raises $13M as it expands into the flooring industry

9. Binance to Issue Sterling-Backed Stablecoin

10. Aion Network introduces first blockchain virtual machine for Java developers

11. Ai-Da, the humanoid robot artist, gears up for first solo exhibition

 

China:

1. Sinovation Ventures 创新工场 announced the completion of the third phase of RMB fund raising, with a scale of 2.5 billion yuan

2. Bytedance says court overstepped on ‘Honour of Kings’ content ban

3. LinkedIn to shutter Chitu 赤兔, its Chinese-language app, in July, redirects users to LinkedIn in Chinese

4. Vocational training company China East said to have raised $625m in world’s biggest education IPO

5. Chinese voice recognition leader iFlytek is raising $350 million to invest in AI startups

6. Chinese biopharma firm EpimAb bags $74m Series B

7. Baijiayun 百家云, which provides video technology services in medical and other industries, announced that it has received tens of millions from Series A+ financing

 

Cross-border: 

1. China fines Ford’s Changan venture $24 million for violating anti-monopoly law

2. China’s Alibaba to invest $100 million in Russian e-commerce JV with RDIF sovereign wealth fund

3. SoftBank invests in Brazil’s shipping logistics platform Loggi, a new unicorn, and fintech startup Creditas

4. Nimo TV, the game live platform of huya 虎牙, officially entered Brazil

 

Emerging Market:

1. Rocket Internet’s salon-booking app Vaniday gets funding to pivot to Southeast Asia

2. Lazada co-founders launch digital marketing startup Crea

3. ComfortDelGro’s new $100m fund bets on logistics with Haulio investment

 

Image credit: Medium

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