Chinaccelerator Daily Digest 2019/9/20

Overseas:

1. Airbnb To Go Public In 2020

2. The BBC has launched an A.I. app designed to help kids safely use cell phones

3. Fintech start-up Stripe notches eye-popping US$35billion valuation after new funding round

4. Automattic Raises US$300M Series D from Salesforce Ventures at US$3B valuation

5. Boston’s Ginkgo Bioworks raises US$290M Series E at over US$4B valuation

6. Postmates, on-demand delivery unicorn, raises US$225M more at US$2.4B valuation despite private IPO filing

7. Singapore AI startup Advance.ai banks $80m in series C round

8. Built Robotics raises US$33M for automated construction equipment

9. Darkstore raises, fulfilment service provider enabling same-day delivery, US$21 million Series B round

10. HappyOrNot raises US$25M for its customer satisfaction terminals for stores and other locations

11. Playfull raises US$2M to bankroll rewards for playing League of Legends

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China:

1. Shanghai speeds up IPO process for government assets as city’s economy slows sharply

2. Tencent, Alibaba refuse to disclose user data to state-backed credit company

3. Shanghai Henlius Biotech raises US$410M in IPO

4. Alibaba to invest in Taiwanese AR startup Perfect Corp

5. Chinese education startup VIPKid to receive US$150M investment from Tencent

6. Allinmed 唯医骨科, orthopedics  diagnosis and treatment platform, received US$100M in Series B 

7. Chinese AI chipmaker Iluvatar CoreX raises several hundred million RMB in Series B round

8. Julive 居理新房, real estate e-commerce platform, has completed 7-digit RMB in Series C

Cross-Border:

1. Singaporean firm Northstar confirms investments in Vietnam’s e-commerce platform Tiki and coworking space provider UPGen

2. Singaporean automotive marketplace Carro enters Malaysia with US$30m investment in car bidding platform myTukar

3. Goldman Sachs may lead US$42M funding in Indian beauty products retailer Purplle

4. Online investment startup Groww raises US$21.5m funding led by American FinTech focused fund Ribbit Capital

Emerging Market:

1. iCar Asia acquires car classified platform Carmudi Indonesia for US$3m

Image Credits: enhancedonlinenews

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