Overseas:

  1. French VC firm ISAI raises $175M for later stage investments. 
  2. Food delivery startup Deliveroo opens its first shared kitchen in Paris. 
  3. Uber relaunches in Finland after taxi law deregulation. 
  4. Blue Origin, space venture founded by Amazon’s Jeff Bezos, targets moon landing by 2023 as a step towards lunar settlement. 
  5. Google releases Gmail’s safety and security policies. 

China:

  1. Oncology clinical data analysis firm LinkDoc wins RMB 1B  Series D.
  2. Inke, mobile video streaming platform, is set to go public in Hong Kong, hoping to raise $152.9M. 
  3. Xiaomi is not currently eligible to be included in the MSCI index. 
  4. Baidu releases China’s first cloud full-featured AI chip: “Kunlun 昆仑.”
  5. Hainan allows individuals to apply for the development of uninhabited islands. 
  6. China’s largest subway wifi operation, 花生地铁,wins investment of Ant Financial. 
  7. Baidu launched DuerOS 3.0 at yesterday’s AI developer conference.

Cross-border:

  1. Xiaomi eyes expansion into the U.S. in 2019. 
  2. Baidu teams up with Intel’s Mobileye to enhance Project Apollo, Baidu’s self-driving platform. 

Blockchain:

  1. Japan-based crypto exchange suspends trading to investigate “abnormal transactions.” 
  2. Microsoft Taiwan launches enterprise blockchain partnership with Digital China and Hot Cool. 

Mobile:

  1. Bike-sharing company OFO launches mini-game. 

Emerging Market:

  1. E-payment system, Razer Pay, chooses Malaysia as the first country to launch in. 
  2. Montir, Indonesian on-demand automotive service business, receives Series A funding from East Ventures. 
  3. Singapore-based SaaS provider Anchanto raises $5.5M in ongoing Series C led by MDI Ventures. 

 

💓Today’s perk for your ears:

For entreprenerus, “what are 5 mistakes raising money and how NOT to run your business”? Lessons including how they sought the wrong advice, pursued the wrong business ideas… Find the latest episode on Apply podcast/itunes/stitcher – China Startup Pulse podcast or click here

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