Chinaccelerator Daily Digest 8/1

Overseas:

1. Apple Q3 Financial Report – revenue is up 17% 

2. Softbank invested 240 million USD in E-Commerce platform Brandless.

3. Lyft Poaches Uber’s Director of Machine Learning for Cars

 

China:

1. Alibaba Financial Report – Alibaba holds 12% in ofo

2. iqiyi Q2 Financial Report – Revenue reach RMB 6.2 billion, increased by 55% YoY

3. Tencent Erases $143 Billion of Market Value in Tech Rout

4. Miaopai Denies Rumor of Being Permanently Removed from Mobile App Stores

5. Bilibili to Double Monitoring Personnel in Response to 1-month Suspension from App Stores

6. Alibaba to become Starbucks’ coffee delivery partner in China

7. Tencent Joins LoRa Alliance the global association of companies backing the open LoRaWAN standard for the Internet of Things (IoT) low-power wide area networks

8. NetEase Cloud Launches Private Cloud Products including a private cloud product “Hanhai,” micro-service solution “Qingzhou,” and a smart industry platform.

9. Unmanned Convenience Store 喆点 Zspot Obtains RMB 20 Mln Pre-A Funding

10. Online Family Activities and Tour Platform Maitao 麦淘亲子 Obtains USD 8-digit Series B+

 

Cross-border:

1. China handset manufacturer OnePlus Tops India’s Q1 2018 Premium Smartphone Market

2. BMW Plans First EU Plant in Two Decades Amid Trade Tensions

 

Mobile:

1. Huawei H1 2018 Revenue Up 15% YoY

 

Emerging Market:

1. Singapore’s Vickers Venture Partners joins NLP firm Icontek’s US$6M Series A round

2. Bengaluru-based health tech startup HealthPlix raises Series A funding

Start typing and press Enter to search