1. Google removes several blogs, YouTube accounts linked to Iran

2. Volkswagen to invest $4 billion to build digital businesses, software

3. 23andMe which provides DNA testing kits for consumers will no longer let app developers read your DNA data

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



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


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

3. Indonesian AI platform for natural language processing Bahasa.ai gets seed funding from East Ventures

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

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