China:
1. Starting in 2020, China will require videos created using AI or VR to be clearly marked
2. Chinese manufacturer tests advanced military drone: report
3. Xiamen and Baidu sign strategic cooperation agreement to promote technology integration and the construction of smart city in Xiamen
4. Huawei released 5G autonomous driving white paper
5. Didi ride-sharing occupies half of the country after a total of 2.9 billion users
6. VIPKid offers a $14K reward for finding the person spreading rumors about VIPKid going bankrupt
7. Yunzhen 云真信科技, big data startup that helps finance industry with analytics and decision-making, raises 50 million RMB strategic investment from Guoxin Cloud 国信云控
8. Yunshi Software 云势软件, startup that provides IT support for medical industry sales and R&D management, raises 10 million USD in Series B
9. BerryMelon, lingerie brand that uses AI to offer custom-fitted lingerie, raised 7-digit yuan in Pre-A round from Foxconn
10. AI interview SaaS startup Jinyu 近屿智能 raises funding in angel round
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Mobile-only Markets:
1. Indian food-tech market shows signs of a slowdown as monthly order growth across the sector fell to 1 to 2% between August and October
2. Indonesian consumer insights platform Populix bags $1m seed funding led by Intudo Ventures
Cross-border:
1. Temasek-backed Mapletree raises $443m for new Australian private trust
2. Temasek in talks to invest up to $100m in Indian fitness startup Cure.fit
3. Amazon and Walmart face the ire of 70 million protesting Indian shopkeepers
Overseas:
1. Black Friday sees record $7.4B in online sales, $2.9B spent using smartphones
2. Storm Ventures, with an exclusive focus on seed and Series A stage enterprise startups, just closed its sixth fund with $130 million
3. Figure Technologies, fintech startup cofounded by SoFi founder Mike Cagney, is raising another $100 million
4. Ockam, developer tools startup, raises $4.9 million in seed funding to make it easier for developers to secure and scale their IoT apps
5. Lynk, “knowledge-as-a-service” company that allows its users to access expertise and insights from advisors, raises funds in round led by MassMutual Ventures
6. Pixpay is a French challenger bank that wants to replace cash when you’re handing out pocket money to your kids
Image Credits: Technode
