Chinaccelerator Daily Digest 2019/11/28

China:

1. Huawei debuts honor V30 series,cheapest 5G handset on the market

2. Alibaba Cloud opens source code for machine-learning platform Alink on Github

3. Tencent releases new social app 有记 You Ji with the slogan “record your real life”

4. China’s Mediatek unveils new 5g chip, plans mass production by year-end

5. Pinduoduo may soon add livestreams to boost growth

6. Game live-streaming platform Douyu revenues rise in Q3, losses narrow

7. Online recruitment app BOSS 直聘 Zhipin rumored to complete new round of financing

8. Chinese display giant BOE to focus on IoT, chief says

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Mobile-only Markets:

1. Enterprise-focused WhatsApp platform makes USD 1 million profit for its India unit

2. Indian scooter rental startup Bounce raises $150M

3. Online used car platform Spinny to raise fresh funds at $150m valuation

4. Indian logistics startup BlackBuck nabs $7.8m funding from Trifecta Capital

5. Tokopedia Umroh seeks to provide trusted Muslim online travel packages in Mecca

6. Thai esports startup Infofed raises pre-series A money to expand in Southeast Asia

7. E-bike startup Yulu rides pillion on Bajaj to shift supply chain from China to India

8. Sim Shagaya’s uLesson African edtech startup raises $3.1M

Cross border:

1. Ant Financial ramps up investment in SEA with $1 billion fund

2. Bain Capital looks to invest $1b in India over next three years

3. India’s Ola to begin operations in London in ‘coming weeks’

4. India’s electric bike rental startup Yulu inks strategic partnership with Bajaj Auto, raises $8M

5. Indonesia’s OVO, Ant Financial-backed DANA could finalise merger in Q1 2020

6. Temasek leads $220m round in India’s online pharmacy startup PharmEasy

7. Alipay, London-based Finablr partner on cross-border payments and blockchain

Overseas:

1. Singapore’s FEBE Ventures announces $25m fund for Vietnamese startups

2. SG Bike completes $1.9m takeover of Mobike fleet, offers free rides; following the deal, the Mobike app will become defunct

3. TikTok apologizes for removing viral video about abuses against Uighurs, blames a “human moderation error”

4. Twitter will free up handles by deleting inactive accounts

5. Researchers train AI to map a person’s facial movements to any target headshot

6. Amazon simplifies incorporating AI predictions into apps and services

7. Tray.io raises $50 million to automate repetitive business processes

8. Video collaboration startup Frame.io raises $50M Series C to allowing video creators to upload and collaborate on projects through cloud

9. Instagram founders join $30M raise for Loom work video messenger

10. Genvid Technologies raises $27 million for interactive streaming engine

11. Munich-based Pricefx raises $25.3 million to optimize B2B and B2C product prices with AI

12. Trouva, an online marketplace for independent boutiques, raises $22M

13. Cymulate raises $15 million to expand its cloud-based security platform

14. Gorgias raises $14M to help e-commerce companies deliver faster (and more lucrative) customer service

15. Buguroo raises $11 million to detect banking fraud with deep learning and behavioral biometrics

16. Singapore mobility startup Swat secures $10.1m to expand overseas

17. Coralogix, a startup applying AI and machine learning to spot errors in software logs, raised $10 million in capital

18. Anti-bot startup Kasada raises $7M in Series A to fight online bots using its proprietary anti-bot platform Polyform

19. Rossum raises $4.5M to make extracting data six times faster than at a human rate while saving companies up to 80% of the costs

20. Vivun snags $3M seed round to keep better track of pre-sales data

21. Beer-loving commerce startup TapRm raises $1.5M to help them sell their beer directly to consumers, via branded websites

22. Influencer marketing startup Cloudbreakr raises over $1.2m in pre-series A round

23. Studs wants to modernize the ear piercing experience for Gen Z teens

Image Credits: TechNode