Chinaccelerator Daily Digest 2020/02/14

CHINA:

1. China’s new energy vehicle sales more than halved in January, as Covid-19 weighs on world’s largest car market

2. China launches blockchain-based platform to improve donation efficiency

3. Alibaba posts 58% gain in quarterly profit, warns coronavirus crisis will impact revenues

4. Xiaomi Mi 10 and Mi 10 Pro were launched and will go on sale on Feb 14th.

5. Tesla seeks approval to build longer range Model 3s in China

6. Huawei Cloud IoT and Wanglong launch “contactless elevator ride”

7. Megvii implements AI temperature measurement system in Beijing

8. China’s 58 Home 58同城 said to delay US IPO as virus outbreak hurts demand

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MOBILE-ONLY MARKETS:

1. Malaysia-headquartered video streaming player Iflix plans for an IPO this year

2. 7-month-old Simsim secures $16M for its social commerce in India

3. India’s Vedantu scores $24M more for its online tutoring service

4. Indian edtech startup Coding Ninjas nets $5.2m in series A round

5. Indian agritech startup Clover raises $5.5m from Omnivore, Accel

6. India’s Interactive online tutoring platform Vedantu raises $24m Series C extension led by GGV Capital

7. Goldman Sachs-backed cybersecurity firm Cyfirma raises series A funding

8. PouchNation, a Singapore-based event management company, secures investment from Indonesian movie ticketing firm

9. 72% of total internet users in Singapore are mobile games players

10. GrabWheels raises US$30M from Taiwan’s KYMCO to accelerate EV adoption in SEA

11. Indonesia on-demand digital printing platform Printerous raises Series A Funding to support national expansion

12. Indonesia’s Cashlez seeks to raise $14.6m in March IPO, to buy parking app

13. Two-wheeler startup Ion Electric in talks to raise $3m from Monk’s Hill Ventures

CROSS-BORDER:

1. Lidar startup Innoviz partners with Chinese truck maker on port loaders

2. Lightspeed Venture Partners to open first SE Asia office in Singapore

OVERSEAS:

1. British network Three joins 5G mobile club

2. Canada’s Telus to launch 5G network with Huawei soon

3. Nvidia sees Q4 2019 revenues jump 41% to $3.11 billion

4. Google closes $2.6B Looker acquisition –  a data analytics startup

5. Uber goes old-school with telephone bookings in the U.S.

6. Netflix fights new streaming rivals with Samsung partnership

7. Online luxury fashion retailer MyTheresa plans NYSE listing

8. Datometry raises $17 million to virtualize data warehouses

9. Intuition Robotics raises $36 million to bring AI companions to everyone

10. Satellite Startup Astranis Lands $90M

11. AdQuick raises $6M to conquer an advertising market Google and Facebook won’t

12. Datometry snares $17M Series B to help move data and applications to the cloud

13. Contextual advertising company GumGum raises $22M

14. Flip raises $4M to pounce on the growing sector of employee messaging

15. Intuition Robotics raises $36M for its empathetic digital companion

Image Credits: TechCrunch