Today in News are brief updates by the BEAM team of what's happening in the business, finance, and technology space around the world (as well as in China). Download the BEAM App to get curated news like these from over 100 sources.
Around the world:
- Deutsche Bank has acquired Mumbai-based software firm Quantiguous Solutions for an undisclosed sum
- Uber, Lyft scrap mandatory arbitration for sexual assault claims
China:
- Zaijia.com 小鱼在家 is rasing c+ round led by Baidu. Up to now, they already raised over 170 million USD.
- Alibaba is working with Tianjin 天津 to build “the city of new retaill”
- CAR.Inc 神州租车 Q1 revenue decreased by 4% compared to last year.
- Luckin Coffee (new coffee brand 瑞幸咖啡）, has accused Starbucks to push out other coffee shops and pressure industry suppliers to monopolize the market.
- Tik Tok 抖音 opened the access online shops where users can purchase goods from KOL’s shops.
- Philm-Magic Sky黑咔相机 raised A+ round led by Qiming Venture Partners, followed by GGV.
- Zhaoyang Doctor 昭阳医生 (mental health platform SaaS+offline) raised around 20 million RMB in A+ round.
Blockchain:
- Amazon is partnering with Kaleido to make it easier for customers to put their services on blockchain.
- Deutsche Bank has acquired Mumbai-based software firm Quantiguous Solutions for an undisclosed sum
