Chinaccelerator Daily Digest 8/2

Overseas:

1. Tesla Second Quarter 2018 Update – around 4 billion USD revenue, increased by 43.4% YoY

2. Food review app SynchroLife rewards users with cryptocurrency

3. Tesla is building its own AI chips for self-driving cars

4. Apple is now valued at $1 trillion

5. Naked Labs has raised $14 million in a Series A round led by Founders Fund and is officially launching its 3D body scanner to track fitness progress

 

China:

1. ByteDance set to merge Musical.ly with Tik Tok into one global video platform under Tik Tok brand

2. Used Goods Trading App Xiangwushuo 享物说 Wins USD 65 Mln Series B+，led by Sequoia Capital 

3. Short Video App Mother Planet Lands RMB 8-digit Angel Funding

4. Online Blockchain News Media CoinVoice Completes Pre-A Funding

5. K-12 Online Education Platform vipJr Officially Launches Chinese Language Courses

6. Online massive open online course (MOOC) platform XuetangX and Microsoft Cooperate to Launch Micro-degree Business Education Program

7. Chinese electric car start-up Xpeng raises US$587 million as it gears up to take on Tesla

 

Cross-border:

1. Google to Launch Censored Search Engine in China

2. Google is building third Singapore data centre

 

Mobile:

1. Huawei Takes No.2 Spot from Apple in Q2 2018 Global Smartphone Shipments

2. United Time’s India Subsidiary Do Mobile Launches Budget Smartphone in India

 

Emerging Market:

1. Grab raises US$1B to boost its presence in Indonesia

2. Indonesia ride-hailing giant Go-Jek makes international debut in Vietnam as Go-Viet.

3. Flipkart takes on Amazon with new loyalty program

4. Enterprise solutions startup AntWorks nets US$15 million in series A raise

Start typing and press Enter to search