Sinovation Ventures raised RMB 2.5Billion; Rocket Internet's Vaniday salon-booking app pivots to Southeast Asia

12 Tech Happenings in China & Around The World 6/6/2019


BEAM 6 Jun, 2019

Sinovation Ventures raised RMB 2.5Billion; Rocket Internet's Vaniday salon-booking app pivots to Southeast Asia | BEAM

1. Sinovation Ventures 创新工场 announced the completion of the third phase of RMB fund raising, with a scale of 2.5 billion yuan

2. Bytedance says court overstepped on 'Honour of Kings' content ban

3. LinkedIn to shutter Chitu 赤兔, its Chinese-language app, in July, redirects users to LinkedIn in Chinese

4. Vocational training company China East said to have raised $625m in world's biggest education IPO

5. China's Alibaba to invest $100 million in Russian e-commerce JV with RDIF sovereign wealth fund

6. SoftBank invests In Brazils shipping logistics platform Loggi, a new unicorn, and fintech startup Creditas

BEAM rolls out Beamstart Education — Bringing skillset-focused 1-1 mentoring programs, starting with web & app development in Malaysia.

7. Nimo TV, the game live platform of huya 虎牙, officially entered Brazil

8. Rocket Internet's Vaniday salon-booking app gets funding to pivot to Southeast Asia

9. Lazada co-founders launch digital marketing startup Crea

10. Amazon will use AI to help you shop for clothes with StyleSnap

11. Connected bike and treadmill-maker Peloton files confidentially for IPO

12. On-demand scooter business Bird is in talks to acquire scooter startup Scoot

This article is contributed by partners Chinaccelerator & BEAM

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