CHINA:
1. Coronavirus outbreak exposes $46b rift in China’s tech industry
2. PC shipments expected to drop this year because of coronavirus outbreak
3. China developers face cash crunch as coronavirus freezes home sales
4. China sees app downloads surge in virus side-effect
5. Chinese start-ups scramble for cash as venture capital investments freeze amid coronavirus outbreak
6. University of Michigan commits $10m to Beijing-based VC Miracle Plus
7. JD.com installs Amazon Go-style vending machines in Beijing
8. Xiaomi-backed Roborock, a robot vacuum cleaner manufacturer, debuts on China’s Star Market
9. Sohu tests new office app, dubbed “Little E”, as workplace collaboration tools see hyper-growth
10. Xiaomi fund invests in Suzhou-based fabless semiconductor company Senscomm Semiconductor
11. China’s WeWork for houses Danke 蛋壳 reveals rental loan risks
12. Toutiao and Xigua Video 西瓜视频 are launching online musical
13. Cybersecurity company Tophant 斗象科技 raised a 8-digit Series C
14. AI company Laiye 来也科技 raised US$42million in Series C
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MOBILE-ONLY MARKETS:
1. BharatPe raises $75M to help Indian merchants accept digital payments and secure working capital
2. Paytm Payments Bank ties up with Ola, Uber to issue FASTags to drivers
3. Indian logistics startup Porter in talks to raise $30m at $120m valuation
4. IFC to invest about $30m in Indian fashion retailer Future Lifestyle
5. Indonesia-based e-commerce company JD.id becomes Indonesia’s 6th unicorn after funding from gojek
6. Indonesian e-procurement firm Mbiz eyes $20m series B raise
7. Pakistani online grocery startup MandiExpress raises $725k
OVERSEAS:
1. Fintech startups raised $34B in 2019
2. Twitter tests labels, community moderation for lies by public figures
3. Lyft buys digital car-top advertising startup Halo Cars
4. Elon Musk’s SpaceX to raise $250 million, valuing it at $36 billion
5. Facebook’s Libra Association adds Shopify as a member after a slew of defections
6. Facial recognition company Clearview AI probed by Canada privacy agencies
7. Flying taxi startup Volocopter raises $40 million and touts potential IPO
8. Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others
9. Q Bio Raises $40M For Preventive Health Platform In a16z-Led Series B
11. DSP Concepts raises $14.5M for its Audio Weaver platform
12. Tier Mobility, the European e-scooter rentals startup, adds another ~$40M to its Series B
13. EV fleet management gets another venture-backed contender as Electriphi raises $3.5 million
Image Credits: VentureBeat