Chinaccelerator Daily Digest 9/5

Overseas:

1. Amazon touches $1 trillion, on pace to overtake Apple

2. Instagram building a standalone shopping app for users

3. Evernote lost its CTO, CFO, CPO and HR head in the last month as it eyes another fundraise

4. Amazon opens its largest Amazon Go convenience store yet

5. Meditation app Headspace bets on voice and AI with Alpine.AI acquisition

6. SynapseFI, a startup that helps banks and fintech companies work together to develop technology, raised a $17 million Series A 

7. Peerfit, an enterprise health company, picks up $8M for corporate exercise

8. Line raising $1.3b for payments and other fintech services

China:

1. Chinese Government Exploring Merger Between China Unicom and China Telecom

2. Ximalaya Joins Series A Funding of Finance Industry Paid Audio Content App Yetan Caijing

3. JD.com Partners with Fashion Firm Ruyi 如意 on Smart Retail

4. JD.com Subsidiary Adds Ride Booking Service in Updated Business Filing

5. iQiyi Seeks USD 4.4 Mln in Damages from Bytedance for Unauthorized Streaming

6. Weibo Reaches 2,100 MCN Partners, 460K Content Accounts

7. Ofo Cutting Staff at Beijing Headquarters

8. Co-working Space Ucommune Acquires Architectural Design Firm Daga

9. Didi Chuxing to Invest in Indian Budget Hotel Brand Oyo Rooms’ China Venture

10. Electric Vehicle Maker Nio Forms Ride-Hailing Subsidiary

11. App User Management SaaS Solutions Provider ‘Duiba’ 兑吧 Files for Hong Kong IPO

Cross-border:

– Tencent wants to taste a plateful of Indian food delivery platform Swiggy 

Mobile:

– Xiaomi Joins Oppo in Having Successfully Tested 5G Connections

Blockchain:

1. IBM Debuts Stellar-Powered ‘Blockchain World Wire’ Payments System

2. Alibaba Has Filed for over 10% of the World’s Blockchain Patents: Research

Emerging Market:

1. Expanding its internet service to more countries in Africa, Tizeti raises $3 million. Tizeti is the Nigerian internet service provider behind the brand Wifi.com.ng.

2. National University of Singapore to spend US$18M to launch 250 deep-tech startups

3. Cambodian Daun Penh Investment infuses US$35M into online pharmacy Netmeds India

Cover Picture Credit From:  Time