Chinaccelerator Daily Digest 2019/12/05

China:

1. Chinese authorities crack down on major apps over data collection

2. China stockpiles US chips amid fears of worsening trade relations

3. China wants 25% of vehicles sold in 2025 to be green, jumping from 2018’s 4%

4. Upwards of 3,000 Taiwanese chip engineers have moved to mainland China: report

5. Tencent leads Kuaishou’s $3b pre-IPO round

6. Alibaba sharpens focus on C2M business with Taobao, Tmall restructure

7. Chinese AI solution developer Aibee 爱笔 raises $74M in Series A1 round

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Mobile-only Markets:

1. Indonesian government introduces new e-commerce regulations for local and foreign players

2. Crescendo Venture Partners seeks $100m for Israel-focused early-stage fund

3. Indonesian P2P lender Komunal bags seed money in East Ventures-led round

Cross-border:

1. Progressive VCs and private equity are using tech and analytics to revolutionize investing

2. Nintendo Switch launches in China on December 10 for $300

Overseas:

1. Researchers develop AI that reads lips from video footage

2. Singapore to mandate theory test for e-scooter users

3. Google details AI that classifies chest X-rays with human-level accuracy

4. Instagram finally launches 13+ age checkups

5. Amazon proposes a home robot that asks you questions when it’s confused

6. Grab launches payments card as it awaits nod for digital banking licence

7. Finally, Craigslist launches official app

8.  Video platform and gaming community Twitch introduces new dashboard so more people can create livestreams

9. Seattle’s sales enablement platform Highspot secures another $75m just six months after a $60m raise

10. Kustomer, SaaS provider that automates repetitive customer service processes by applying analytics atop data, raises $60 million

11. Autonomous shuttle startup May Mobility raises $50 million investment led by Toyota

12. Flow, startup that helps brands and retailers build cross-border e-commerce business, raises $37M

13. Popular language learning app Duolingo raises $30 million from Alphabet’s CapitalG at $1.5 billion valuation

14. Automated cybersecurity lifecycle management platform Panorays raises $15 million

15. GitGuardian raises $12 million to find sensitive data hidden in online code

16. Brazil’s new fintech startup Cora raised $10 million on the strength of its founding team

17. AI-driven network management platform Augtera raises $4 million

18. Gaming studio Owlcat Games raises $1 million from GEM Capital

Image Credits: TechNode