Overseas:
- Builders VC is $115.5M into raising $200M for fund one.
- Tenable, cybersecurity company, files for IPO.
- Domo, on-demand real-time business data provider, raises $193M in IPO.
- Amazon’s new warehouse policy will penalize sellers for storing products too long.
- Airbnb to launch IPO before the end of 2020.
China:
- Toutiao 头条 reportedly planning to launch new live gamecasting service.
- Online executive recruitment platform Liepin IPOs in Hong Kong.
- Online real estate trading platform Fangdd prepares to IPO next year.
- China’s e-commerce company Walnut Street Group, parent company of Pingduoduo, files for potential public offering (aiming to raise $1B).
- Xiaomi’s IPO raises $4.7B after pricing on the low end.
- Tencent announces that QQ宠物 (QQ Pets) will be discontinued.
- Number of WeChat mini-programs reaches 1M with 280M C-end users.
- Douyin has over 1ooM international monthly users as well as 300M domestic monthly users.
- Didi has an upgrade of the brand and services, launching “礼橙专车.”
- Hunan Changsha government releases blockchain support policy, providing 2M RMB to blockchain companies in Changsha in 3 years.
- Souqiantu’s new product “zhiyuan 360” helps high school students to locate their universities and choose majors based on AI and Big Data.
- Turing Robot, AI robot company, completes Series B+, bringing its total funding to $53M.
Cross-border:
Blockchain:
- Binance, international cryptocurrency exchange, is set to launch its first crypto-fiat exchange in Uganda.
- JD.com and Huobi work together on the application of blockchain-related tech to finance and data services.
- Line, messaging app launches crypto-exchange Bitbox; however, it can not be used in Japan nor the USA.
- Walmart, Nestle, Unilever and 10 more companies work with IBM on the blockchain projects for food supply chain.