Overseas:
1. Google removes several blogs, YouTube accounts linked to Iran
2. Volkswagen to invest $4 billion to build digital businesses, software
4. Ticketing site Eventbrite files to raise up to $200 million in IPO
5. Housing startup Bungalow raises $14 million Series A round led by Khosla Ventures
China:
1. China’s July 2018 Software Revenues Up 14.8% YoY
2. Alibaba delivers 61 per cent growth in revenue amid increased New Retail investment
3. Xiaomi Posts Q2 2018 Profit of RMB 14.6 Bln
4. Meitu Records H1 2018 Loss of RMB 127 Mln
5. Tencent Invests in Chinese Smart Parking Solutions Firm Keytop
6. Pinduoduo Shuts Down 1,130 Stores for Selling Pirated Goods
7. Baidu Obtains CSRC Approval for Third-party Fund Sales License
8. Bike Share Service Ofo Launches 5-second Short Video Ad Business
9. Tmall, Jingu and Kangzhong Jointly Form Auto Aftermarket Service Firm
10. Auto Parts E-commerce Platform Casstime 开思汽配 Wins RMB 250 Mln Series B3
11. Online Early Education English Learning Platform Zebra Teacher 斑马老师 Wins RMB 8-digit Angel Funding
12. Pre-employment Background Check Solutions Provider iBeidiao i背调 Lands RMB 8-digit Series A+
13. Online Office Equipment Rental Platform Xiaozu 小租 Raises RMB 8-digit Angel Funding
Blockchain:
1. Blockchain Ecosystem Security Service JohnWick 降维安全 Wins RMB 8-digit Angel Funding
2. Blockchain Decentralized Reputation System DREP Secures Strategic Financing
3. Digital Assets Trading Platform Dobt Raises USD 1 Mln Angel Funding
Emerging Market:
1. Vietnamese VC firm Startup Viet Partners debuts with US$5M fund
2. iFlix Malaysia launches 24-hour live news hub, with aim to fight fake news
4. Hyundai Motor, South Korea’s largest automaker, leads US$14.3M in India’s car-rental platform Revv
Cover Picture Credit From: Yicai Global