Chinaccelerator Daily Digest 2019/11/13

China:

1. In China, AI can now screen newborns for genetic disorders

2. Alibaba fully implements blockchain technology for the first time in this Singles’ Day to ensure credibility and to provide financial support

3. Alibaba’s Cainiao delivered 100 million Singles Day parcels in 2.4 Days

4. Beyond Ventures leads $3m investment in HK-based indoor mapping platform Mapxus

5. Chinese EV startup Xpeng Motors raises $400 million, takes on Xiaomi as strategic investor

6. Matalab 玛塔创想 secured 30 million yuan in Series A, to break into preschool market with physical programming

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Mobile-only Markets:

1. Investments in Indian beauty startups more than doubled to USD 108 million till date

2. Alibaba-backed Indian digital payment giant Paytm to invest $70m in AI startups

2. Netflix India revenue jumps as local content strategy pays off (update)

3. UAE-based freight marketplace Trukker bags $23m Series A from Careem-backer STV

4. Indonesian sharia P2P financing startup ALAMI raises seed round led by Golden Gate Ventures

Cross-Border:

1. Uber to invest $2472m in Indian entity to fuel Eats business

2. Taiwan’s electronic component company Yageo to buy US-based rival Kemet in $1.8b deal

Overseas:

1. New 5G flaws can track phone locations and spoof emergency alerts

2. Inspired Capital, founded by Alexa von Tobel and Penny Pritzker, just closed its debut fund with $200 million

3. New York’s Boldstart Ventures has raised $157 million across two funds to back nascent enterprise startups

4. SoftBank might pour USD 100 million into Indian marketplace Snapdeal

5. Angular Ventures outs $41M seed fund for European and Israeli enterprise and ‘deep tech’ startups

6. Instagram Stories launches TikTok clone Reels in Brazil

7. Whoop, the sports tech and analytics company that makes discreet wearables, raises $55M

8. Lend East raising $50m debt to back alternative lenders in SE Asia, India

9. Lawyers hate timekeeping — Ping raises $13M to fix it with AI

10. Singapore-based Smarten Spaces raises $12m in Symphony-led round

11. LawnStarter, which operates an on-demand lawn care and maintenance, raised $10.5 million in growth round

12. Loop Returns, startup that helps brands handle returns from online purchases, picks up $10 million in Series A led by FirstMark Capital

13. Uploadcare raises $1.7M for its CDN platform

14. S’More is a new dating app that looks to suspend physical attraction for something more

Image Credits: KrAsia