Chinaccelerator Daily Digest 2020/02/04

CHINA:

1. Outbreak to hit iPhone output if China extends Foxconn factory halt 

2. Chinese citizens turn to virus tracker apps to avoid infected neighborhoods

3. Chinese movies debut on streaming services amid outbreak

4. Huawei, Chinese chip makers keep factories humming despite coronavirus outbreak

5. China’s AI champion iFlyTek says 2019 revenue will exceed US$1.4 billion as it downplays impact of tech war

6. Huawei powers remote diagnosis platform in Wuhan’s newly-built makeshift hospital

7. Ofo bets on e-commerce to save its sinking bike operation

8. Geely’s ride-hailing app Caocao offers free lifts in Wuhan

9. Trip.com widens travel cancellation fee waiver program

10. Bytedance Lark to launch “online office” which can support up to 50 people online at the same time

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MOBILE-ONLY MARKETS:

1. Bengaluru-based AI-driven tech content startup Instoried has raised funding from SOSV Chinaccelerator (Batch 17)

2. Grab acquires Singapore robo-advisory startup Bento Invest to expand financial services

3. Indian edtech startup Doubtnut nets $15m in Tencent-led round

4. Indian adtech firm Adonmo banks $3m from Ant Financial’s BAce Capital

5. Indonesian legaltech startup Hukumonline raises series A funding

6. Agritech startup iFarmer in talks to raise US$500K investment

CROSS-BORDER:

1. Huawei, ZTE urge U.S. not to impose national security risk labels

2. GTRIIP raises Series B funding to take its digital identity solution into new APAC markets

OVERSEAS:

1. 5G should have scored at Super Bowl LIV, but carriers dropped the ball

2. Electric cars grab 44% market share in Norway in January

3. Industry Ventures Closes $125M for Debut Tech Buyout Fund

4. BlackBerry and TCL will end their handset partnership in August 2020

5. Toyota-Panasonic venture to start EV battery development in April

6. As coronavirus panic spreads, Uber and Lyft riders of Asian descent are reporting discrimination from drivers

7. Alphabet discloses YouTube ad revenues of $15.15 billion, cloud revenues of $8.92 billion for 2019

8. Top Apple analyst cuts iPhone shipment forecast by 10% due to coronavirus

9. Oracle adds cloud data centers in five countries, sets new 2020 target

10. Workplace app Asana files to go public, may opt for direct listing

11. Tesla Stock Soars by More Than $100

12. SoftBank-backed Oyo lays off over 350 people in the US

13. New short-form video app Byte tops a million downloads amid spam issues and content concerns

14. AI startup Cresta launches from stealth with millions from Greylock and a16z

15. HPE acquires cloud native security startup Scytale

16. Smart TV hub Solaborate secures $10M Series A and a go-to-market partnership

17. Construction startup Scaled Robotics raises a €2M seed round

18. Japanese vacation rental management startup H2O raises $7 million Series B from investors including Samsung Ventures

Image Credits: Technode