Overseas:
1. Amazon to open checkout-free store in New York
2. Unmortgage scores £10M seed round to offer ‘part-own, part-rental’ housing
3. The Pentagon’s research agency DARPA announces $2B investment in AI
4. Deep-linking startup Branch is raising more than $100M at a unicorn valuation
5. Uppercase, a marketplace for brick-and-mortar storefront space, raised $3.5 million in a seed round
China:
1. China’s Q2 2018 Mobile Music App User Base Up 1.8% QoQ
2. Alibaba’s Jack Ma to step down in one year, Zhang to become chairman
3. Baidu Video, Ximalaya Ally on Paid Audio Content Cannel
4. Baidu Slammed by Popular Blogger for Scam Ads in US Consulate Search
5. Baidu Leads RMB 8-digit Investment in Online Translation Platform Jeemaa 译马网
6. Weibo Launches New App for Searching Interest Groups by Topic 超话社区app
7. Luckin Coffee, Tencent Ally on Smart Retail Solutions, Traffic Generation
8. Messaging App ‘Bullet Messaging’ Exceeds 7 Mln Users, Plans RMB 1 Bln User-acquisition Push
9. 37Games Joins Series A Funding of Online Teen Programming Study Platform Miaocode
10. Online Real Estate Information Platform Julive 居理新房 Secures USD 8-digit Series B+
Cross-border:
Apple says U.S. tariffs on China would hit ‘wide range’ of products
Emerging Market:
1. Uber-rival Careem expands services into Sudan
2. Indonesia’s Go-Jek invests in online media startup as part of expansion
Cover Picture Credit From SCMP