Chinaccelerator Daily Digest 2020/02/12

CHINA:

1. Tencent, Alibaba and Baidu Release Public Welfare Apps to Help Control Coronavirus

2. Alibaba’s DingTalk beat WeChat in total downloads amid coronavirus outbreak

3. TikTok user gains fame as videos of life in Wuhan amid lockdown go viral

4. Nio reports 11.5 % delivery slump as coronavirus disrupts production

5. Tencent’s Qingyuan 轻缘 aims to helps users find love via live-streaming

6. Pinduoduo unveils ‘Circle of Trust’ feature to combat counterfeits

7. Kuaishou earned revenue of $7.2 billion in 2019: report

8. Tesla’s Shanghai Gigafactory Resumes Production

9. GGV Capital Leads Series B Round In AIoT Startup Mogulinker

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MOBILE-ONLY MARKETS:

1. Indonesian healthy food brand Greenly raises seed funding in East Ventures-led round

2. India to account for 41% of digital engineering services market by 2025: Report

3. India-based Medicinal cannabis startup HempStreet raises $1m in pre-series A round

4. Thailand’s ‘crowdfunding bonds’ startup PeerPower raises pre-Series A funding from InVent, BOL

5. Thai travel tech startup Tourkrub to raise US$5M in Series B funding to support regional expansion plan

6. Vietnam drops proposed 49% foreign ownership cap in e-payment firms

7. XanPool launches platform to enable P2P transactions from local currency to cryptocurrency in SEA

CROSS-BORDER:

1. Mastercard given approval to prepare for entry into China’s payments market

OVERSEAS:

1. Demand for streaming TV services remains strong, Nielsen survey suggests

2. FTC to examine every acquisition by Alphabet, Amazon, Apple, Facebook and Microsoft in 2010-2019 over antitrust issues

3. A list of MWC coronavirus cancellations so far: Facebook, AT&T, Sprint, Intel now also staying away

4. Equal Ventures Closes On $56M Seed-Stage Fund To ‘Transform Society And Industry’

5. Oxx, a new European VC dedicated to SaaS, raises $133M fund

6. T-Mobile-Sprint merger wins approval from U.S. judge

7. SoftBank shares open 12.5% higher after T-Mobile-Sprint merger approval

8. WeWork Aims To Be Free Cash Flow Positive By 2022

9. Lyft forecasts slower growth in 2020, leaves target profit date unchanged

10. Samsung unveils compact foldable phone, 5G Galaxy S to fend off Apple, Huawei

11. Hyundai signs development deal with another electric vehicle startup Canoo

12. PayPal funds academic research on illegal firearms transactions

13. Airbnb reportedly lost money last year as costs ballooned ahead of its planned public listing this year

14. Infosys is acquiring Simplus for $250M to grow its Salesforce consulting arm

15. SoundCloud Gets $75M Investment From SiriusXM To Bring Its Funding To Over $500M

16. Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital

17. TOP, A Plant-Based Period Product Startup, Raises $1.6M In Seed Funding

18. Sixgill raises $15M to expand its dark web intelligence platform

19. SaaS company Negotiatus looking to help businesses optimize purchasing, raises $10 million

20. MoEngage lands $25M for its mobile-first customer engagement platform

Image Credits: TechCrunch