Chinaccelerator Daily Digest 06/11/2021

CHINA:

1. China’s Huawei aims to reach driverless car technology in 2025

2. Chinese ride-sharing giant Didi files to go public, earned a small profit last quarter on $6.4 billion in revenue

3. Meituan to add 60,000 workers in bid to expand delivery services

4. Alibaba logistics arm Cainiao partners with China’s Hainan gov’t

5. Alibaba to Develop Self-Driving Trucks, Eyeing Next Potential Hot Spot in China’s Tech Sector

6. ByteDance launches Volcano Engine brand to offfer its ‘secret’ to corporates

7. Softbank-backed car trading firm Chehaoduo nets $300m to hit decacorn valuation

8. Chinese autonomous driving firm Desay allows Greater Bay Area city Huizhou to steer EV sector

9. China Youran Dairy said to have raised $642m in HK IPO

10. BSN architect firm Red Date raises $30 million

Check out our latest podcast about “Behind the Company that Catalysed Chinese Startups’ Global Ambitions, with Ronen Mense, APAC President and Managing Director of AppsFlyer” here

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MOBILE-ONLY MARKETS:

1. Grab to delay its SPAC merger until fourth quarter, stretching the IPO horizon by Southeast Asia’s largest technology unicorn

2. Singaporean fintech firm MatchMove gets $100m funding boost from US investor

3. Singaporean AI business services startup Osome bags $16m in series A money

4. Ex-Lazada exec’s ecommerce services startup Intrepid lands $11m in series B money

5. Foodpanda partners with Whizz Mobility, robotics startups for driverless delivery, in Singapore

6. Indian conglomerate Tata Group buys local e-healthcare platform 1mg

7. Inflexor Ventures leads $5m series A round of Indian logistics firm Kale Logistics Solution

8. Tencent-backed neobank Niyo acquires personal finance platform, a startup backed by SOSV

9. Indian fintech startup BharatPe acquires firm that offers loyalty programs

10. A livestreaming app based in the Philippines, Kumu, raises Series B funding round co-led by SIG, Openspace Ventures

11. Pakistan’s Dawaai raises USD 8.5 million to grow online pharmacy and healthcare platform

CROSS-BORDER:

1. Slintel, a SaaS sales and marketing intelligence startup, scores $20M Series A as buyer intelligence tool gains traction

2. TSMC eyes plans for first chip plant in Japan

OVERSEAS:

1. Apple hires BMW veteran in latest sign of electric car push

2. SoftBank leads $640 million investment in Klarna, valuing buy-now-pay-later firm at $46 billion

3. Intel debates buyout of SiFive to bolster chip technology against Arm 

4. ‘CryptoPunk’ NFT sells for $11.8 million at Sotheby’s

5. Nvidia acquires hi-def mapping startup DeepMap to bolster AV technology

6. Mexico’s payments startup Clip hits unicorn status after SoftBank investment

7. Sweden-based payments provider Klarna valued at $46B following new funding

8. Artificial intelligence startup DataRobot seeks to raise $500 mln

9. Ledger raises $380 million for its crypto hardware wallet

10. Eightfold AI, an AI-powered platform for HR, raises $220M in SoftBank-led round

11. Flyhomes Raises $150M To Streamline Homebuying

12. Brazil startup Buser raises $138 million from LGT, Softbank and others

13. S Korea’s Kakao Mobility bags $126m from consortium led by TPG, Carlyle

14. Yousign raises $36.6 million to build a European alternative to DocuSign

15. Prefect Raises $32M To Be The ‘Toothpick’ In Companies’ Data Stack

16. Ex-Google, eBay employees’ troubleshooting startup Komodor nets $21m in Accel-led round

17. Korean edtech firm Ringle bags $18m to expand globally

18. Corporate services “super app” Osome lands $16M Series A

19. Loupe Tech Lands $12M Series A To Connect Sports Card Enthusiasts

Image Credits: Dealstreetasia