Chinaccelerator Daily Digest 2019/6/27

Overseas:

1. Facebook squeezes money from Instagram with new ads in Explore

2. Carbon Raises $260M More To Scale Its Light-Driven 3-D Printing Technologies

3. Lifestyle goods resale marketplace StockX raises $110M, pushing valuation past $1B

4. Austin-Based Remedy Raises $10M For Telemedicine Platform And House Calls

5. Cybersecurity company Bleckwen raises $10 million to detect payment fraud with AI

6. Vulcan Cyber announces $10M Series A to automate security patching efforts

7. Skubana raises $5.4M in Series A funding for its e-commerce operations software

8. Mobile Games Publisher Scopely Hits $1 Billion In Lifetime Revenue

9. AI uses camera footage to track pedestrians in dense crowds

10. Tiny wings and tinier solar cells allow autonomous movement in a robo-insect

Check out our latest podcast here

Check out our latest blog post here

China:

1. Chinese genome sequencer BGI Group to Build USD68.3 Million Genetic Reagent R&D, Production Base in Qingdao

2. Didi invests in Tencent-backed ride-hailing start-up OnTime amid efforts to expand strategic alliances

3. Xiaomi launches AI voice dialogue assistant service on mobile phone

4. Huawei’s 5G Investment Hits USD4 Billion Over 10 Years, Chairman Says

5. Samsung China teams up with 3 telecoms on 5G promotion

6. Starbucks, Freshippo ‘Star Kitchen’ tie-up opens in Beijing as delivery catches on

Cross-Border:

1. Japan Beats China In The Philippines, Singapore, and Vietnam Infrastructure Investments with An Amount of $367 Billion

2. India cautions global ecommerce players such as Amazon, Flipkart over discounts with new foreign investment rules

3. Singapore’s Temasek backs $260m round for US-based digital manufacturing platform Carbon

4. Alibaba ramps up global e-commerce expansion with launch of English Tmall portal

5. Huawei ships over 150,000 5G base stations worldwide

Emerging Market:

1. Vietnam govt partners with VC firm Vynn Capital to boost startup investments

2. Sequoia, Steadview lead $50m funding in edtech startup Unacademy

3. Event tech platform PouchNATION raises Series B round from Traveloka and SPH Ventures

4. South African SME finance startup Lulalend raises $6.5M Series A

5. Market research startup Neurosensum raises $1.8m, breaks even, launches survey automation tool

6. AI-backed fintech startup Recko raises $1m in seed funding from Prime Ventures

7. Indian stock trading platform Streak AI Technologies raises $1m in a round led by 3one4 Capital

Image credits: TechNode