Chinaccelerator Daily Digest 9/4

Overseas:

1. Amazon Sets Its Sights on the $88 Billion Online Ad Market

2. Microsoft’s Skype gets a redesign, ditching Snapchat-like feature ‘Highlights’

3. Peer-to-peer lender Funding Circle announces plans to IPO and raise $387 million 

China:

1. Huawei Requests Hearing with U.S. Government on Informal Ban of Huawei Equipment

2. Cheetah Mobile in Talks to Go Private

3. Alibaba’s Koubei 口碑 Invests RMB 100 Mln in Salon SaaS Provider Boka 博卡

4. Baidu Launches ‘EZDL’ AI Model-building Tool for Non-coders

5. iQiyi Partners with Air New Zealand to Provide Inflight Entertainment Content

6. Alisports CEO: E-sports to Eschew Violence and Follow Olympic Standards

7. Meituan reportedly targets $55B valuation for Hong Kong IPO, leading to concerns that may be too high

8. Audio sharing platform Ximalaya FM launches smart speaker to aid Communist Party members with studies

9. TikTok adds video reactions to its newly-merged app, allowing users to post their reactions to the videos that they watch

10. Visa Service App ‘Panda Visa’ 熊猫签证 Lands RMB 60 Mln Series B

11. Used Car Trading Site Souche 大搜车 Secures USD 578 Mln Series F

12. Original Women’s Clothing M-commerce Platform ICY Raises RMB 100 Mln Series A

13. Magazine Reading App Qingmang 轻芒阅读 Wins RMB 8-digit Series A+

14. K-12 Online Education Service Provider Aixuetang Completes RMB 230 Mln Series B+

15. Medical Big Data Service Provider ClinBrain柯林布瑞 Obtains RMB 68 Mln Series A

16. VR/AR Education Content Developer GrowLib 格如灵 Secures RMB 8-digit Series A+

17. Online Vocational Education Platform Ekeguan Wins RMB 8-digit Series A

18. Beauty App Soyoung 新氧 raised USD 70 Mln Series E

Cross-border:

1. Huawei to Participate in USD 328 Mln Loan to Nigeria for Telecoms Development

2. Indonesia government wants to work with Alibaba to help country’s export deficit 

Mobile:

1. Huawei launches advanced 7-nanometre smartphone chip ahead of Apple, Samsung

2. Samsung is packing more tech into its mid-priced smartphones to appeal to millennials

Emerging Market:

1. Grab in talks to raise another US$1B for expansion in Southeast Asia

2. Supplycart, a Malaysian startup that provides companies with an on-demand supply delivery service, raises US$2 million to scale clients and vendors 

Cover Picture Credit From CNBC