Chinaccelerator Daily Digest 2019/11/04

China:

1. China launches national 5G, promises 50 cities by end of 2019

2. Chinese state fund to invest $7.12b more in advanced manufacturing

3. China is testing emotion recognition in surveillance push

4. China’s Shenzhen is using big data to become a smart ‘socialist model city’

5. Founder of Chinese smartphone maker Smartisan 锤子科技 Luo Yonghao 罗永浩 added to debt blacklist

6. Tencent merges its team in charge of short-video app Huoguo 火锅视频 with Tencent Video division

7. M17 acquires livestreaming platform MeMe Live

8. Chinese IP-based game company CMGE raises $167.2 million in HK IPO

9. Chinese online education provider Codemao nets $57m Series C round

10. China’s Akeso BioPharma, biotech company specializing in innovative antibody drugs, closes $150m Series D round

11. Dr.S, a Chinese live online science education based on PBL for children, raised tens of millions in Series A round

 

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Mobile-only Markets:

1. India: Fundraising by PE, VC investors in January-September period is the highest in five years

2. Indonesian e-commerce unicorn Tokopedia launches sharia-compliant service with more than 21 million Muslim-friendly products

3. Indonesia’s P2P lending platform KoinWorks snags USD 1.4 million in Series B2 round

 

Cross-Border:

1. Amazon now sells movie tickets in India

2. Gojek to enter Malaysia, the Philippines in 2020

3. WeWork to open two new locations in Vietnam amid rise of local co-working chains

 

Overseas:

2. Google to acquire Fitbit for $2.1 billion

3. Google Maps Incognito mode starts rolling out for Android users

4. Shoebox-sized satellites startup Kepler opens sign-ups for its IoT developer kits

5. Paidy, a mobile- and instant checkout-focused Japanese fintech startup, raises $143m from PayPal, others

6. Pakistan-based decentralized mass transit system startup Airlift bags $12m to scale operations

7. Los Angeles-based BuildOps, subcontracting software for real estate, raises $5.8 million

8. Forecast, an ‘AI-powered’ project management software company, raises $5.5M

9. Cervest raises £3.7M for Earth Science AI platform to predict climate effects

10. Accusonus raises $3.3M to use AI to help content creators repair the audio in their videos

11. Aliena, an SG  spacetech firm that designs low power propulsion systems, raises $1.1m in 500 Startups-backed funding

 

Image Credits: Tech in Asia

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