Chinaccelerator Daily Digest 7/25

Overseas:

1. London taxi drivers mull class action suit against Uber

2. LVMH Financial Report in First Half of 2018

3. Ebay to add support for Apple Pay, partners with Square Capital on seller financing

4. Location-Focused GroundTruth Raises $18M In Series F Round

5. BinaryVR raises $4.5M to bring you face-to-face with your digitized self

6. SpotAngels, an app that uses crowdsourced data to help drivers find parking and avoid tickets, has raised $2.3 million

 

China:

1. Alibaba Health Launches Defective Vaccine Identification Function

2. Tencent to Provide WebMD’s Healthcare Information via WeChat

3. Mobike Integrates Bluetooth-based Bicycle Unlocking Feature

4. Ele.me to Spend RMB 3 Bln Over Three Months to Boost Market Share

5. O2O Cake Ordering Service Bliss Cake Raises RMB 400 Mln Series B

6. Electric Car Maker Dearcc Completes RMB 2 Bln Pre-A Funding

7. Indoor Positioning Service Provider Shuwei 数位 Completes Series B

8. Interactive Entertainment Culture, operator of online and mobile video gamecasting platform Panda TV Denies Rumors of Acquisition Talks with Douyin, Huya

9. China Develops Unmanned AI-based Submarines

10. Hong Kong co-working startup Campfire pulls in $18M ahead of global expansion

 

Cross-border:

1.JD.com Plans to Open Office in Germany by Year End

2. Google Thailand launches public Wi-Fi

3. Facebook has set up a subsidiary in China and plans to create an “innovation hub” to support local start-ups and developers

4. Tencent has held talks to lead a fresh $300-500 million financing round in budget hotel brand Oyo Rooms 

 

Blockchain:

1. Singapore Airlines to launch blockchain-based loyalty digital wallet

 

Mobile:

1.Oppo Launches Gaming Applet Platform

 

Emerging Market:

1. Vietnamese Co-working space CirCO raises funding for expansion

2. Grab reportedly invests in HappyFresh following recent partnership

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