Chinaccelerator Daily Digest 8/22

Overseas:

1. Facebook moves to rate users on trustworthiness

2. Facebook removed hundreds of pages from Iran and Russia as part of ongoing investigation into platform abuse

3. J.P. Morgan is launching a new You Invest trading app with free trades.

4. Uber hires CFO as it prepares to IPO

5. UK Government’s development finance institution CDC Group backs pi Ventures with US$6 million

6. Grabb-It wants to turn your car’s window into a trippy video billboard

China:

1. China Issues Online Live Broadcasting Services Management Regulations

2. China’s VR Market to Reach RMB 90 Bln by 2020

3. Vipkid’s Pool of Teachers in North America to Exceed 100,000 by Year’s End

4. Union Medical Healthcare Partners with Tencent Doctorwork on Online and Offline Healthcare

5. Didi, valued at $56 billion last December, has scaled back this year’s internal targets for year-on-year growth in rides in China to 50% from 70%

6. Alibaba Health Launches 24-Hour Drug Delivery Service in Hangzhou

7. Alipay launches new ‘Shared Parking’ feature in Hangzhou

8. Ant Financial’s IPO Delayed Until End of 2019

9. JD.com-backed Fashion E-tailer FarFetch Files for U.S. IPO

10. Tencent to Build Eastern China Regional Headquarters in Shanghai

11. iKang 爱康 Shareholders Approve Privatization Plan by Alibaba, Yunfeng

12. Cheetah Mobile Q2 2018 Profit Up 180% YoY

13. 7-Eleven Integrates Beijing Stores into Meituan Waimai Delivery App

14. Link Motion 凌动智行 Partners with Alibaba’s Online Travel Subsidiary on Smart Ride Service

15. Professional SNS App Maimai 脉脉 Completes USD 200 Mln Series D – Make Maimai the first Unicorn in this area

16. VR Surgery Training System Developer Unidraw 众绘科技 Lands RMB 8-digit Pre-A

17. Chinese fintech solutions firm Seven Stars Cloud Signs USD 24 Bln Deal to Finance China Electric Bus Upgrade

18. Taiwan music festival set to integrate blockchain payment

Cross-border:

1. Tencent Rolls Out WeChat Pay in Malaysia

2. WhatsApp to clamp down on ‘sinister’ messages in India

Blockchain:

1. Atlas Protocol secures multi-million investment led by Softbank China Capital, defining blockchain interactive advertising

2. Many Chinese blockchain media are blocked, including Jinse Finance金色财经、币世界、火币资讯…

Emerging Market:

1. Singapore Airlines to Partner with Alibaba on Travel, Cloud Computing, and Logistics

2. Israel to end licensing agreement with Microsoft

3. Singapore startup Waitrr lets diners order and pay for their food all on one app

4. LINE’s parent Naver invests in iPrice Group which operates product discovery and comparison sites across Southeast Asia

Cover Picture Credit From 凤凰财经 ifeng.com