Chinaccelerator Daily Digest Aug 31, 2021

AUG 31 – CHINACCELERATOR DAILY DIGEST: FIVE HEADLINES YOU NEED TO KNOW

 

  1. ByteDance takes first step into virtual reality (VR) through the acquisition of start-up Pico, the third-largest VR headset maker globally in 2021 Q1. CNBC

  2. Food-delivery giant Meituan beats Q2 estimates with a 77 per cent revenue growth, despite the government’s antitrust investigation and the regulatory scrutiny of the country’s technology sector. SCMP

  3. China’s stricter limits on video game playing: children and teenagers are barred from online gaming on school days, and limited to one hour a day on weekend and holiday evenings. NewYorkTimes

  4. OneDegree, Hong Kong’s only online pet insurer, has raised US$28 million in its latest funding roundOnline, suggesting HK investors’ confidence about digital insurance start-ups. SCMP

  5. Chinese social media platforms, including WeChat, Weibo, Douyin, and Kuaishou, said they would rectify “self-media” accounts that have violated rules when publishing financial information. Reuters

Job of the day 
Genetsis is looking for a digital marketing and E-commerce director, more information on https://chinaccelerator.com/jobs/digital-marketing-e-commerce-director-genetsis/

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