Chinaccelerator Daily Digest 2020/03/26

CHINA:

1. Chinese RPA(Robot Process Automation) Startups Off to a Good Start in 2020 Over Threats from Coronavirus, Foreign Competitors

2. WeChat Joins Industry Peers in COVID-19 Hackathon to Combat Pandemic

3. Huawei tilts to telecom business as Beijing prepares big 5G push

4. JD Logistics to hire 20,000 more delivery and warehouse workers, giving priority to those below poverty line

5. Ride-Hailing Giant Didi Chuxing To Launch C2C Car Rental Service

6. Didi announces management reshuffle and 3-year plan of 100 million daily orders

7. SF’s 100B Yuan Revenue Bodes a War for Market Share in China’s Express Delivery Sector

8. SFMAP Technology (spinning-off from SF in 2018) bags $14m in Series A round

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MOBILE-ONLY MARKETS:

1. Singapore robo-advisory startup Smartly winds down operations

2. Indian e-retailers resume services during countrywide COVID-19 lockdown

3. Panic buying by shoppers holds up India’s BigBasket’s deliveries

4. Softbank-backed Indian company Ola seeks relief for drivers, taxi firms

5. KKR-backed IndiGrid acquires transmission asset from Sterlite for $134m

6. Indonesia’s VCs brace for barren year for exits on account of COVID-19

CROSS-BORDER:

1. Facebook reportedly in talks to buy stake in India’s biggest telco Reliance Jio

OVERSEAS:

1. UK’s National Health Service launches £500,000 COVID-19 tech competition

2. Self-reporting app for COVID-19 symptoms for UK research sees 650K downloads in 24 hours

3. The fitness platform ClassPass now offers live streamed workouts for those house-bound by coronavirus

4. WeWork’s new crisis: Workplaces may never be the same after COVID-19

5. Google’s AI helps robots navigate around humans in offices

6. IBM’s AI generates new footage from video stills

7. Hospital-Disinfecting Robots: Xenex Sees Surge In Orders As COVID-19 Pandemic Escalates

8. Online marketplace OfferUp raises $120M, acquires top competitor letgo

9. Enterprise service management startup Espressive Raises $30M Series B To Automate Help Desks

10. Humio Raises $20M For Its Real-Time Log Management Platform

11. SecondNature raises $16.4M for ‘healthy home’ subscription products like air and water filters

12. Battery analytics software startup Twaice raises €11M Series A led by Creandum

Image Credits: KrAsia