Latest news digest on business and technology across the world (28th Aug):

1. China mobile shopping users close to 1 billion in H1 2019; low-tier cities, mini-programs contributed to the growth

2. WeChat unveils new device that allows customers to pay with their face

3. Ready, hyper-casual esports tournament platform, raises US$5 million for hyper-casual esports platform 

BEAM helps early stage companies in fund raising in Malaysia.

4. Momo’s , social search and instant messaging mobile app, revenue grew by 32% YoY to 4.15 billion RMB in Q2 2019

5. Hiscene , AR product and service provider, completed 250M RMB in Series C

6. Novelship, Singapore-based sneaker and streetwear marketplace, closes US$2m seed round led by Global Founders Capital

7. India's Bike taxi startup Rapido raises US$55.5m funding led by WestBridge

8. Singaporean KK Fund invests in Vietnamese healthcare startup Med247

9. US-based Algo Capital raises US$200m for new blockchain-focused VC fund

10. VoiceOps, AI coaching and training platform, raises US$9M to help companies coach their call center reps

This article is contributed by partners Chinaccelerator.