Chinaccelerator Daily Digest 8/17

Overseas:

1. Amazon is sounding out some of Europe’s top insurance firms to see if they would contribute products to a UK price comparison website

2. Pokémon GO is getting a big new ‘Special Research’ quest next week

3. Intel buys deep-learning startup Vertex.AI to join its Movidius unit

4. Uber told by investors to sell self-driving unit

5. Venture Global LNG Announces Additional Private Placement Funding of $160 Million

6. Food delivery startup DoorDash raised another $250 million, nearly triples valuation to $4B

China:

1. JD.com to Buy RMB 100 Mln in Servers from Dawning to Support AI, Big Data Projects

2. Tencent Launches Animation Content Community App Boodobo波动星球

3. Mannings to Integrate Mainland China Stores into JD Daojia 京东到家

4. Meituan-Dianping to Begin Hong Kong IPO Hearing Next Week （Rumor)

5. Bytedance to Complete New Funding Early Next Month at USD 75 bln Valuation (Rumor）

6. Alibaba’s Fliggy to Sign Tourism Promotion MOU with Sri Lanka

7. Ping An Joins China’s NDRC to Establish Financial Industry Security Research Center

8. Xiaomi Intelligent Voice Assistant’s （小爱同学）Monthly Active Devices Exceed 30 Mln

9. Shunwei Capital Invests in Matcha Products Brand Guancha guan关茶

10. Online Education Platform Ipoweru 爱培优 Secures RMB 8-digit Pre-A Funding

11.Online Enterprise Insurance Platform ‘Guarantee Bull’保准牛 Completes Series B+

12. Redcore CEO admits ‘100pc China-developed browser’ is built on Google’s Chrome

Cross-border:

1. Alipay to Be Available in Pakistan by Year End

2. Australian Online Design Giant Canva Launches in China

3. Chinese independent online marketing technology platform operator iClick Opens Korea Office with Microsoft Veteran as General Manager

4. Uber’s new Brazil center aims to improve safety of cash transactions

5. Abandoned ofo bikes sold for scrap metal in San Diego

Blockchain:

1. Crypto hedge fund Pantera on track to raise $175 million despite bitcoin’s price slump 

Emerging Market:

1. Vietnamese e-commerce portal Sendo secures US$51M from SBI Holdings, others

2. Filipino foodtech company BigDish acquires restaurant and travel discovery platform Looloo

3. India’s budget hotel chain Oyo’s valuation set to cross US$4B in new round 

4. Bayut.com’s parent company EMPG raises $50M investment

5. Singapore’s Grab makes foray into health care with Ping An Good Doctor tie-up

Cover Picture Credit From China Daily