1. China’s VC boom shows signs of a downturn as deal value drops 77% in Q2

2. Douyu 斗鱼, a livestreaming platform, to plan IPO at the NYSE for the 17th of August; reporting a year-on-year increase of 123.4% in net profit for this years first quarter

3. 盒子空间 SpaceBox, offering leisure accommodation space for young first and second tier city customers, to finish A+  funding round

4. Ant Financial 蚂蚁金服 to serve small enterprises, with a maximum loan value not exceeding 1M RMB

BEAM helps businesses to create massive publicity in the business & investors crowd

5. Missfresh, a grocery delivery startup, seeks to raise $500M

6. Waresix hauls in $14.5M from EV Growth to advance its push to digitize logistics in Indonesia

7. Kudo, Indonesian O2O retail platform, to work with Grab to win in the Southeast Asia market

8. RedDoorz, a budget hotel startup, considered to become major player in Southeast Asia’s

9. Samsung, stung by the US-China trade war, expects a big plunge in profits

10. Genesia Ventures, a Japanese VC firm, says it is likely to spend around 30% of the fund for Southeast Asia

This article is contributed by partners Chinaccelerator & BEAM