Chinaccelerator Daily Digest 2019/12/10

CHINA:

1. China moves to ban foreign software and hardware from state offices

2. Cybersecurity sector growth falls short of state official expectations

3. China Everbright partners local authorities to launch $284m healthcare fund

4. Alibaba brings on-demand lifestyle services to Juhuasuan 聚划算 to take on Meituan 美团

5. Tencent resurrects its failed Facebook-clone Pengyou 朋友 to a mix of everything

6. Baidu restructures self-driving unit amid serious competition

7. E-commerce startup Taojiji 陶吉吉 may file for bankruptcy

8. Sequoia-backed chemical ecommerce firm Molbase 摩贝 files for $70m IPO

9. Chinese tech-driven fresh products provider Loha 乐活 files for $38m Nasdaq IPO

10. Chinese logistics service start-up Kali Interconnection 卡力互联科技 raises over $14m in Series A round

11. Cosmose AI, Shanghai startup that uses smartphone apps data to track offline shopping behavior, raises $12 million

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MOBILE-ONLY MARKETS:

1. India increases lending limit for P2P platforms from INR 10 lakh (USD 14,000) to INR 50 lakh (USD 70,000)

2. Education technology startup Cuemath to raise $5.5m led by Manta Ray, Capital G, Sequoia 

OVERSEAS:

1. SignalFire, just six years old, has raised $500 million across two new funds

2. Google’s ARCore Depth API enables AR depth maps and occlusion with one camera

3. Microsoft to finally shut down to-do list app Wunderlist on May 6, 2020

4. Bosch and Daimler launch self-driving car pilot in San Jose

5. Nvidia trains AI to transform 2D images into 3D models

6. SG’s payments firm Nium said to raise up to $100m in Series D round

7. Digital adoption platform WalkMe raises $90 million to help people navigate user interfaces with on-screen prompts

8. Airbnb invests in Zeus corporate housing that raised $55M at $205M

9. Singapore’s Neuron Mobility raises $18.5M to bring its electric scooters to more international markets

10. French e-grocery app Jow raises $7M additional funding

11. RaySecur, a mailroom security startup, raises $3M in seed funding

12. Australian infratech startup Aurtra bags $1.4m to expand globally

13. Ride Home Media raises $1M to build “Summary-As-A-Service” podcast network

Image Credits: Technode