1.It’s announced that McDonald’s revenues decreased 12% in Q2 2018 

2. Amazon earnings top $2 billion for record quarter (Q2 2018)

3. Starbucks’s consolidated net revenues up 11% to a record $6.3 Billion

4. Spotify has 180 million Monthly Active Users (“MAU”) and 83 million Premium Subscribers, up 30% and 40% respectively according to Q2 financial report.

5. Amazon’s face ID tool mismatched 28 members of Congress to mug shots

6. Slack is buying, and shutting down, HipChat and Stride

7. GitHub and Google reaffirm partnership with Cloud Build CI/CD tool integration

8. College scholarship awarding startup RaiseMe announced a $15 million Series B



1. Music Video App Douyin Implements Further Measures to Protect Minors

2. Short Video App Kuaishou, Xilin Gol Cooperate on Tourism Promotion

3. Pinduoduo Raises USD 1.6 Bln in U.S. IPO

4. NetEase Youdao Releases Children’s Reading App 有道乐读 Youdao Ledu

5. Meituan-Dianping Begins Post-A1 Roadshow in Run-up to IPO

6. Huawei breaks record for biggest ever share in China with 27% of smartphone market in Q2

7. Short video apps including Bilibili were regulated by the government.

8. Ant Financial Partners with Seven Chinese Cities to Apply Risk Management Model

9. Baidu Adds 25,000 Public Hospitals to List of Protected Brands

10. Co-working space operator Ucommune to Merge with Atwork in Fifth Acquisition This Year

11.  Online Programming Education Platform for Teenagers Codepku 编学边玩 Wins Series A

12. Customizable Blockchain Infrastructure Provider Nuls Lands Strategic Financing

13.WeWork China raised $500million in Series B

14. 大片 Dapian, a video editing app with a community of short videos, got invested by kuaishou 快手



1.U.S. Stores of Apparel Brand Guess to Begin Accepting Alipay



1. FlipNpik Raises $2 Million to Date in ICO Private Sale, Consolidates Partnerships for Expansion into Asia

2. Malaysia’s blockchain-based affiliate marketing platform OneKlix raises US$250K funding



1.Huawei to raise minimum annual R&D spending to at least US$15 billion


Emerging Market:

1. Grab defends position in Uber deal to Singapore’s anti-monopoly watchdog

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