Chinaccelerator Daily Digest 9/19

Overseas:

1. Microsoft is upping its A.I. battle with Salesforce

2. Evernote just slashed 54 jobs, or 15 percent of its workforce

3. Amplify Partners locks in $200 million to transform technical founders into people who can actually lead a startup

4. Microsoft is putting HoloLens to work with new Dynamics 365 applications

China:

1. Shanghai to Set Up RMB 100 Bln Fund to Promote AI Development

2. Microsoft, Amazon, Alibaba to Establish AI Innovation Centers in Shanghai

3. Today’s Headlines Launches Applet Function

4. Alibaba’s Taobao Launches Stand-alone Short Video App to Drive E-commerce

5. Alibaba, 11 Other Chinese Big Data Giants Sign User Information Protection Agreement

6. Alibaba’s Hema Xiansheng Offline Stores to Exceed 100 in 2018

7. JD Finance Changes Name of Social Media Account to ‘JD Digital Technology’ 京东数科

8. Driver at Delivery Firm ZTO Arrested for Attempted Rape

9. Hello Chuxing, Shentong Metro Group Ally on Shared Bike Parking at Subway Stations

10. Enterprise Database Software Developer SequoiaDB 巨杉数据库 Lands Series C

11. Furniture B2C E-commerce Platform Ihomefnt 艾佳生活 Wins RMB 1 Bln Series B

12. Online Medical Imaging Cloud Platform Rimag 一脉阳光 Lands RMB 130 Mln Series B+

13. Ant Financial Leads RMB 9-digit Series B of Overtime Tracking App Anxinji Jiaban 安心记加班

Cross-border:

1. Tencent, JD.com to Increase Investment in SE Asian Ride-Hailing Firm Go-Jek (rumor)

2. Google launches new AI initiatives in Japan

Mobile:

ZTE Posts H1 2018 Loss of RMB 7.8 Bln

Emerging Market:

1. Indian Taxi-hailing App Ola Raises USD 50 Mln from Chinese Investors

2. Vietnam-based B2B logistics startup EcoTruck raises US$1.7M in Pre-Series A round

3. Online design automation firm Livspace secures US$70M from TPG Growth, Goldman Sachs, Jungle Ventures, others

4. Indian doctor consultation platform DocPrime has raised US$50 million in funding

Cover Picture Credit From livemint.com