Chinaccelerator Daily Digest 8/3

Overseas:

1. Warner Music Group acquires Uproxx focusing on entertainment and pop culture news

2. Stampli, an invoice management platform, raises $6.7M in Series A funding to streamline invoice management

3. FCC announces rules for bidding on high-band spectrum that will be used to create the next generation of 5G wireless networks

China:

1. Q&A Site Zhihu’s User Base Reaches 180 Mln

2. Zhihu, Xuetangx Ally on Teaching Resource and Course Sharing

3. Yum China Reports Second Quarter 2018 Results – Total revenues increased 12% year over year to $2.1 billion from $1.8 billion

4. Aifu Xiaojie 艾弗小姐 Launches B2C Long-term Apartment Leasing Service App Haixing Zufang

5. Encrypted Currency Financial Data Service Biplusplus Wins 8-digit Angel Funding

 

Cross-border:

1. Apple in touch with Chinese telcos on ways to cut spam

2. Starbucks, Alibaba Confirm Partnership on Coffee Delivery in China

 

Blockchain:

1. Decentralized exchange Radar Relay raises $10 million

 

Emerging Market:

1. Indian SaaS company Freshworks raises US$100M led by Sequoia

2. Ryde Technologies, Singapore’s homegrown mobility app, has obtained the certificate for Class 1 third-party taxi booking service

3. Singapore HR startup Pulsifi raises US$1.1M to enhance its AI tech

4. oBike Singapore allegedly transferred $10 million collected from users here to Hong Kong operations

 

*Cover Picture Credit From F3News

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