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