Chinaccelerator Daily Digest 8/20

Overseas:

1. TiVo falls on report Amazon is developing live TV recording device

2. Twitter CEO Dorsey admits not being clear on company’s goals amid right-wing ban controversies

3. DoorDash, the food delivery business, raised $250 million to support its rapid geographic expansion.

4. Y Combinator invests in non-invasive breast cancer screening bra EVA

5. Venture Investors Eye Toothsome Startups In Oral Care Sector

6. The University of California at Berkeley’s accelerator SkyDeck which closed an oversubscribed $24 million venture fund ­is working to become a revenue-generator for the university.

China:

1. Didi Chuxing Unveils AI Applications and Social Good Program to Harness AI

2. Meitu Invests in Short Video Content Provider Hexian Gufu

3. Alibaba-backed online parenting firm Babytree 宝宝树 eyeing up to $1 billion HK IPO

4. Alibaba’s Taobao to Upgrade Service for Taiwan Market Expansion

5. Alibaba, Ant Financial Ally with Shanghai Government on New Retail and Financial Services

6. Tencent-backed Chinese content aggregator Qutoutiao filed for an IPO of up to $300 million

7. Ping An Healthcare and Technology Posts H1 2018 Loss of RMB 444 Mln

8. Emigrant-focused startup Hinabian nabs Ctrip investment

Cross-border:

1. Fosun Takes Stake in Israeli Fintech Firm The Floor

Blockchain:

1. Blockchain Rating Agency ‘SNC Rating’ 标准共识 Raises Pre-A Funding

2. Hudong Baike 互动百科 Invests in Blockchain News Portal App Shiliu Caijing 石榴财经

Mobile:

1. Xiaomi only sold out 2million mobile phones in Russia in half a year, which equals the sales volume of one month in India

Emerging Market:

1. Singapore-based venture capital (VC) firm Qualgro makes first close of US$100M second fund, will continue to invest in B2B services

2. Expanding even further Down Under, Singapore’s hyperscale data centre provider AirTrunk raises US$621M

3. Beenext joins restaurant table reservation startup EazyDiner’s US$5.84M Series B round

4. Singapore-based VC firm Tin Men Capital makes first close of its US$100M B2B fund; invests in Overdrive IOT, Globaltix

Cover Picture Credit From TechCrunch