Chinaccelerator Daily Digest 7/16

OVERSEAS:

1. New York based meeting space arrangement startup Convene has announced a $152 million Series D led by ArrowMark Partners.

2. Facebook Hires A Head Of Chip Development From Google

3. Google might face record fine in Android monopoly case 
4. Microsoft calls on government for stricter A.I. face-recognition regulation

CHINA:

1. JD.com Invests RMB 618 Mln for 5% Stake in Industrial Automation Firm CSG

2. WeChat Applet Solutions Provider Toozan Lands RMB 8-digit Pre-A

3. NetEase to Kick Off Round-2 CB of Mobile Game ‘Liuxing Hudiejian’

4. Ele.me’s Single-day GMV in Shanghai Exceeds RMB 100 Mln

5. Finance Industry Online Education Service iBanker Lands RMB 8-digit Pre-A Funding

6. Hong Kong-based logistics platform Gogovan raises US$250M to expand into new markets

7. The first bike-sharing company to launch in Hong Kong Gobee.bike announced it would close because of losses and high maintenance costs.

 

CROSS-BORDER:

1. Tencent Releases Green Paper on Cross-border Payment in GD-HK-Macau Greater Bay Area

2. Apple Announces USD 300 Mln China Clean Energy Fund

3. Huawei to launch 5G connectivity in Malta by October

 

BLOCKCHAIN:

1. Weiss Cryptocurrency Ratings’ July 2018 report

2. Blockchain company Quadrant Protocol raises US$15M to bring transparency into data industry

 

MOBILE:

1. Hinge dating app will begin using machine learning to make better matches

 

EMERGING MARKET:

1. Small business digital insurance provider Next Insurance has raised $83 million in a Series B round led by Redpoint Ventures. 

2. On-demand home services Seekmi announced on Monday launched the new user interface on their site and mobile app.

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