CHINA:
1. China tech stocks bounce back after virus outbreak losses
2. E-commerce firms cracking down on sellers of fake protective masks
4. Virus Pushes Robots to the Frontlines of Hospitals
5. CCTV works with VIPKID to launch online free English classes
6. Huawei, Alibaba Deploy AI to Quickly Spot Coronavirus Cases, Useful Drugs
7. WeChat Pay offers financial aid for hospitalized merchants
8. Tesla says deliveries of China-made Model 3 will be delayed
9. NIO’s $100 Million Fundraise Falls Short for Cash-Needy Carmaker
11. BRIEF-Alibaba Health Information Technology Announces Acquisition Of Ali JK ZNS Ltd
Check out our latest podcast here
Check out our latest blog post here
Subscribe to Daily Digest Newsletter here
MOBILE-ONLY MARKETS:
1. Tech investment in Southeast Asia down 36% to USD 7.7 billion in 2019
2. Indian online health sector to reach USD 16 billion
3. Twitter-backed ShareChat eyes fantasy sports in India
4. Malaysian car-sharing startup Moovby raises $500k for regional expanison
5. Vertex Ventures leads $5.5m series A round for podcasting startup Kuku FM
6. Indonesia’s offline to online platform Wahyoo acquires online directory platform Alamat.com
CROSS-BORDER:
1. Google and Facebook turn their backs on undersea cable to China
2. The Bill and Melinda Gates Foundation is donating $100 million to coronavirus relief efforts
3. Huawei sues Verizon over patents; Verizon called this lawsuit as ‘PR stunt’
OVERSEAS:
1. U.S. trade panel opens patent probe into Google speakers after Sonos complaint’
2. Latin America takes the global lead in VC directed to female co-founders
3. Pew: 30% of US adults have used online dating; 12% found a committed relationship from it
4. Advocating reform, activist investor Elliott Management takes a $2.5B stake in SoftBank
5. WeWork’s Failed IPO Tempers Investor Confidence in Proptech
6. BMW ramps up electric car motor output at Bavaria plant
7. Uber sees profit by end of 2020, but still expects full-year loss
8. Shrunken unicorn Fair cancels car leasing to Uber drivers
9. Amazon says it will create 15,000 jobs in Bellevue, Washington, and build its biggest tower ever
10. Twitter notches first $1 billion quarterly revenue, beating estimates; shares jump
11. ViacomCBS to launch new streaming platform
12. Google Maps seeks business, transit reviews in new look
13. 7-Eleven is the next retailer to test cashierless stores
14. Pinterest shares surge after earnings beat
16. Nuro’s new delivery R2 bot gets the first driverless vehicle exemption from feds
17. AllVoices raises $3 million to build a platform for anonymous harassment and bias reporting
18. Forescout, the network security company, to be acquired by a pair of private equity firms for $1.9B
19. OptimoRoute raises $6.5M Series A to help businesses better plan their routes
20. Netskope, a cloud security company, hauls in another $340M investment on nearly $3B valuation
21. Moteefe, the e-commerce platform for on-demand merchandise, raises $5M Series A
22. Deep data running wearable NURVV closes $9M Series A led by Hiro Capital
Image Credits: Technode