Chinaccelerator Daily Digest 2020/03/27

CHINA:

1. Almost 72 per cent of Chinese SMEs have resumed work amid push to digitise businesses, ministry says

2. Online education sector could be among biggest beneficiaries of Covid-19, may be worth US$61 billion in China this year

3. HK-listed Minsheng to buy TCL’s online education unit for $59m

4. Pinduoduo and Alibaba clash over ban affecting group-buying platform Juhuasuan聚划算

5. Alibaba’s Taobao Moves to C2M Plan to Create 10 Billion Orders for Factories in China

6. Smartisan Founder Luo Yonghao Partners with Chinese TikTok on E-commerce Livestreaming

7. Ant Financial launches SaaS version of its internal database infrastructure to increase tech service revenues

8. Baidu to set up autonomous driving test zone in Shanxi province

9. Ehang’s passenger drone sales are taking off

10. Hangzhou park security uses AI-powered smart glasses to detect people with fever

Check out our latest podcast here

Check out our latest blog post here

Subscribe to Daily Digest Newsletter here

MOBILE-ONLY MARKETS:

1. Southeast Asia delivery services face game-changing moment

2. Demand for e-wallet usage rises among Vietnamese consumers

3. Indonesia-based trucking marketplace startup Kargo Technologies said to have bagged strategic investment from venture arm of Coca Cola Amatil

4. Bank Rakyat Indonesia revives insurance unit stake sale, attracts bidders

5. Gojek launches partner support fund

6. Indian e-retailers partially resume operations, contend with teething issues

7. India’s MX Player expands to US, UK and other markets in international push

CROSS-BORDER:

1. Tesla’s China-made Model Y may soon be a reality

2. Flipkart and Amazon focus on grocery delivery amid 21-day lockdown in India

OVERSEAS:

1. Global smartphone sales fell 14% in February due to coronavirus

2. SEC pauses Zoom Technologies trading because people think it’s Zoom Video

3. Houseparty, Discord, Zoom, and Marco Polo downloads explode amid coronavirus pandemic

4. Duolingo’s new app teaches children how to read and write

5. Microsoft acquires Affirmed Networks, which helps telecoms grow their networks, ahead of 5G rush

6. Microsoft acquires virtualized mobile network startup Affirmed Networks

7. Prisma Health develops FDA-authorized 3D-printed device that lets a single ventilator treat four patients

8. TuSimple partners with supplier ZF to mass produce self-driving truck tech

9. Automated payments solution Plastiq Raises $75M Series D To Give SMBs More Payment Options

10. Stripe leads $20M Series A into Fast, which is building a universal checkout service for e-commerce

11. DataGuard, which provides GDPR and privacy compliance-as-a-service, raises $20M

12. Yaguara nabs $7.2M seed to help e-commerce companies understand customers better

13. Kaizo raises $3M for its AI-based tools to improve customer service support teams

14. OneThree Biotech Raises Seed Round For AI-Driven Drug Platform

Image Credits: Pandaily