Chinaccelerator Daily Digest 9/17

Overseas:

1. Google’s Planned Return to China Draws Concern from U.S. Lawmakers, Staff

2. U.S. union urges states to look into T-Mobile purchase of Sprint

3. Salesforce Founder Marc Benioff makes deal to buy Time Magazine for $190 million

4. Walmart acquired grocery delivery service Cornershop for $225 million.

5. Airbus is among investors pouring $8.4 million into Impossible Aerospace, makers of a drone that can fly for two hours per charge.

6. Twitter now puts live broadcasts at the top of your timeline

 

China:

1. China’s Jan-Aug 2018 Online Retail GMV Up 28.2% YoY

2. China Issues Internet Hospital and Medical Treatment Regulations

3. ByteDance to enter China’s long-form streaming video market, challenging iQiyi, Tencent Video

4. Qutoutiao 趣头条 Halves Size of Float to Raise USD 84 Mln in U.S. IPO (rumor)

5. Didi Chuxing Resumes Late-Night Ride-Hailing with Enhanced Safety Measures

6. IT profession education platform “来offer” announced that they raised 7-digit RMB in Series A.

 

Cross-border:

1. Vietnam urges Facebook to open office ahead of controversial cyber law

 

Mobile:

1. China Telecom to Conduct 5G Trials in 17 cities

2. Huawei Quashes Rumor of Buyout by Chinese State Company

 

Emerging Market:

1. India bars Chinese Huawei, ZTE from 5G trials, dials Cisco, Samsung, Nokia, Ericsson

2. Parking sharing platform Parking Koi wins Seedstars Bangladesh; to compete for up to US$1M in Switzerland

3. Jakarta-based loyalty service provider tech startup Member.id has secured Pre-Series A funding

 

Cover Picture Credit From China Daily

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