Chinaccelerator Daily Digest 9/24

Overseas:

1. Global spending on digital marketing nears $100 billion

2. White House draft order directs probes into tech giants

3. Dell revisits IPO option amid tracking stock deal pushback

4. Comcast outbids Fox in a $39 billion takeover of Sky

5. Fortnite just kicked off its $10 million fall tournament

6. GapitalG, Sequoia Capital and Accel are among investors pouring $225 million into UiPath, a developer of “robotic process automation” software

7. Cigna launched a $250 million corporate venture fund to invest in health start-ups

8. Airbnb wants to give its hosts equity in its business

China:

1. NetEase to Launch Cross-border E-commerce Collections Platform

2. Alibaba Unveils Mobility Partnerships with Bosch, Volvo, Ford

3. Pony.ai Debuts Product-ready Autonomous Vehicle Fleet

4. Machine Vision Startup Riseye 精锐视觉 Lands RMB 45 Mln Series A Funding

5. Doctor-facing Imaging Information App Yingling 影领 Lands RMB 30 Mln Series A

Cross-border:

1. AI Translation Smartphone ‘Sugar’ Launches Model Customized for Travel to Italy

2. Alibaba Cloud Aims to Generate 50% of Income from Overseas Markets

3. VIPKid Expands Partnership with Disneyland, Launching English Learning Program

4. Amazon Web Services to invest $1b in Indonesia

5. Amazon buys stake in India supermarket chain More

Blockchain:

1. Beijing’s Daxing District to Establish Blockchain Research Institute

2. Singapore-based NEO Global Capital funds music blockchain startup Muzika

Emerging Market:

1. Singapore’s BMFA Group invests US$25M in CoAssets’s fund CASFAR

Cover Picture Credit From China Daily