1. SenseTime, SoftBank Join RMB 1.36 Bln Round in AI-based Video Solutions Firm Moviebook

2. New York City Council passed regulations on ride-hail companies such as Uber and Lyft to cap the number of vehicles on the road for one year.

3. Peer-to-peer secondhand good marketplace Letgo has raised $500 million

4. Spark Neuro raises $13.5M to measure your emotional response to ads and movies



1. Alibaba, Hollywood Studios Are Among Those Pouring $1 Billion Into a Mobile-Video Startup

2. Q&A site Zhihu raised 270 million USD in Series E.

3. Shopping SNS App ‘Little Red Book’ Denies Rumor of Large-scale Layoffs

4. Bytedance Is Said to Seek Up to $3 Billion in New Funding Round

5. Walmart and JD.com will invest $500 million in online delivery company 达达-京东到家 Dada-JD Daojia

6. Sina Q2 2018 Net Profit Up 50% YoY

7. Weibo Q2 2018 Net Profit Up 92% YoY

8. Electric Car Maker NIO 蔚来汽车 Preparing for U.S. IPO

9. Taobao, Microsoft HoloLens Ally on Mixed Reality Shopping

10. Baidu Voice Assistant DuerOS Doubles User Base in 6 Months to 100 Mln

11. Ele.me announced its partnership with HelloBike 哈罗单车 for sharing users base with each other.

12. Mobile Image Editing App Meipian 美篇 Raises RMB 9-digit Series B ( Meipian targets middle-aged people)

13. IT Cloud Management Platform 骞云科技 CloudChef Secures USD 5 Mln Series A+

14. VR Solutions Provider Realis 瑞立视 Completes RMB 80 Mln Series A



1. According to IDC Health Insights report, 1-in-5 healthcare organizations will adopt blockchain by 2020

2. Tencent and Softbank invest in Bitmain as it gears up for IPO Launch

Emerging Market:

1. Bangalore-based logistics startup Shadowfax raises US$22 million to scale its O2O logistics platform


Cover Picture Credit From TechNode

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