Chinaccelerator Daily Digest 01/04/2021

CHINA:

1 China Emphasizes Full Regulation Of All Financial Activities

2 Chinese regulators probe Ant Group’s investments in dozens of startups

3 China’s digital yuan threatens sprawling Alibaba empire

4 China averts liquidity squeeze by pumping US$92 billion of funding into banks over five weeks to spare the havoc on bonds

5 China Cracks Down On Unlawful Facial Recognition Usage

6 China’s Online Food Delivery Users Reach 500M

7 China’s E-commerce Platforms Alibaba, JD.com, Vipshop Fined Over Pricing Complaints

8 Pinduoduo Stock Skyrockets after Alibaba’s Antitrust Proceedings

9 Chinese Industrial Robot Startup Flexiv Raises $100 Million

10 Apartment rental firm Danke has repaid $201 million in loans to WeBank

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MOBILE-ONLY MARKETS:

1 India’s Mahindra to focus on SUVs, EVs after ending Ford JV talks

2 India-based agritech firm Gramophone banks $3.4m in new funding

3 India’s ethical hacking industry is on the rise

4 Grab demands strong control by founder in gojek merger

5 Myanmar conflict zones kept offline despite Suu Kyi digital push

CROSS-BORDER:

1 New York Stock Exchange to delist Chinese telco giants on US executive order

2 Amazon eyes launching its computer science education program in India

3 Tesla starts selling Shanghai-made Model Y electric SUVs in surprise launch as rivalry heats up in world’s largest EV market

4 China Mobile, telco peers face selling pressure in Hong Kong as NYSE moves to delist their ADRs

5 Apple removes 39,000 game apps from China store to meet deadline

6 Japan’s Toppan beefs up ID security with Taiwan developer purchase

7 South Korea’s LG signs $9.8b deal to produce EV batteries in Indonesia

OVERSEAS:

1 Tesla reports 499,550 vehicle deliveries for 2020, slightly missing target

2 Samsung vice chairman Jay Y. Lee faces nine-year sentence in bribery case

3 Microsoft Says Russian Hackers Viewed Some of Its Source Code

4 T-Mobile says hackers accessed some customer call records in data breach

5 Apple Took Three Years to Cut Ties With Supplier That Used Underage Labor

6 Amazon Agrees to Buy Podcast Startup Wondery

7 Silicon Valley CISO Investments Look To The Next Gen Of Cybersecurity

8 For mental health start-up Modern Health, pandemic-fueled growth created whole new set of anxieties

9 After burning through $2 billion, Katerra construction start-up gets a $200 million SoftBank lifeline to escape bankruptcy

10 BadVR, data visualization company is using government grants to build a business that’s independent of venture capital

11 Roku streaming service Nears Deal to Buy Rights to Quibi’s Content

Image Credits: Nikkei Asia