Chinaccelerator Daily Digest 2020/03/03

CHINA:

1. 77 autonomous vehicles drove over 500,000 miles across Beijing in 2019

2. Huawei app store reaches 400 million monthly active users worldwide

3. JD.com predicts Q1 net revenue to grow at least 10% year-on-year despite coronavirus threat

4. WeChat targets ByteDance’s collaboration app Feishu 飞书 in latest restriction

5. Ali Cloud ranks as Top3 by company performance in global cloud services market, following Amazon and Microsoft 

6. Alibaba-backed AI chipmaker Cambricon to list on Shanghai’s Star market

7. Didi rival Dida censured for resuming inter-city rides

8. AI solution provider Mech-Mind Robotics closes Series B round led by Sequoia, bags USD 14.2 million

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MOBILE-ONLY MARKETS:

1. Venture Capitalists put in USD 10 billion in Indian startups in 2019

2. SE Asia-focused tech investor Elev8.vc closes debut vehicle at $15m

3. App makers cash in on the rise of mobile dating in Southeast Asia

4. Indonesia’s Telkom Group prepares USD 500 million to invest in startups

5. India’s Spinny raises $43.7M to expand its online platform for selling used cars

6. Indian fintech startup Chqbook.com has raised $5 million in its Series A round of funding from Aavishkaar Capital

7. Kickstart Ventures seeks potential Philippine unicorns with $200m fund

8. Ecommerce aggregator iPrice secures $10m in series B funding

CROSS-BORDER:

1. China’s bond market to see inflow of US$20 billion in foreign capital as coronavirus sweeps across globe

2. Samsung starts building $220 million R&D centre in Vietnam

3. Chinese drone maker DJI gears up for global expansion

OVERSEAS:

1. Apple to pay up to $500 million to settle lawsuit over slow iPhones

2. Nvidia shifts conference to online-only amid health, safety concerns

3. Waymo raises $2.25 billion to scale up autonomous vehicles operations

4. Thoma Bravo completes $3.9B acquisition of security firm Sophos

5. Anchorage Capital acquires Australian refrigerated logistics business for $65m

6. Thought Machine nabs $83M for a cloud-based platform that powers banking services

7. Quantum Shop Rigetti Computing Has Raised Over $71M In New Funding, Per SEC Filing

8. Lendio raises $55 million to surface small business loans using machine learning

9. mParticle raises $45M to help marketers unify customer data

10. AudioTelligence raises $8.5M Series A to bring its ‘autofocus for sound’ to voice assistants

11. Datasaur, a semi-automated text data-labeling tool, raises $1 million

12. Sonantic scores €2.3M funding to bring ‘human-quality’ artificial voices to games

Image Credits: VentureBeat