Chinaccelerator Daily Digest 7/18

OVERSEAS:

1. How customers feel about Amazon’s Prime Day glitch

2. Yahoo Messenger shuts down after 20 years

3. Late-Stage Deals Led The World’s Venture Capital Market in Q2 2018

4. Greensill Capital, a UK-based online lending platform for supply chain finance, has raised $250 million backed by General Atlantic.

5. PayPal leads $50M round for PPRO, a profitable cross-border payment specialist

 

CHINA:

1. iQiyi Acquires Mobile Game Developer Skymoons for RMB 2 Bln

2. M-commerce Firm Pinduoduo to Raise Up to USD 1.63 bln in Nasdaq IPO

3. Booking Holdings Invests USD 500 Mln in Didi Chuxing, Forms Strategic Partnership

4. Didi Chuxing Spins Out Auto Services Platform in Preparation for IPO

5. Fresh Food M-commerce Platform ‘The Good Stuff’ Wins USD 50 Mln Funding

6. Apparel Social Commerce Platform Haoyiku Raises RMB 9-digit Series B

7. NetEase to Start New-round CB of Mobile MOBA ‘Chaowei Duijue’ on July 27

8. Alibaba’s Ele.me Seeks USD 2 Bln in Funding to Compete with Meituan Dianping

9. Bilibili and the offline long-term apartment leasing services provider Lingyu Apartment recently launched a new, jointly-developed animation-themed apartment complex.

10. AI-based Business Intelligence Solutions Provider ImageDT Completes Series A

11. JD.com’s Upgraded Smart Vending Machine Combines Visual Recognition, Gravity Sensors

12. World’s largest dating app for gays Grindr sets up shop in Taiwan

 

CROSS-BORDER:

1. Alipay, Singapore Tourism Board Ally to Increase Spending by Chinese Tourists

 

BLOCKCHAIN:

1. Walmart’s Latest Patent Unveils Blockchain-Based Delivery Management System

2. IBM teams up with financial technology start-up Stronghold on a cryptocurrency that’s pegged to the U.S. dollar.

3. China sees sixfold surge in new companies with ‘blockchain’ in name

 

EMERGING MARKET:

1. Video conference calling app YeeCall raises US$5M to develop various blockchain solutions

2. Online learning platform Unacademy gets $21M Series C from Sequoia India, SAIF and Nexus

3. Singapore’s CCube Angels invests in India’s nutri-food startup Inner Being

 

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