Chinaccelerator Daily Digest 2020/04/10

CHINA:

1.Chinese telcos try to replace WeChat with launch of 5G messaging service

2 China’s AI startups already raised $420 million in April

3 China’s Huawei and OPPO Rank Top 5 Among Corporate Patent Filers in 2019

4 Pinduoduo 拼多多’s MAU Exceeds Taobao 淘宝’s in Q1

5 Tesla and Nio 蔚来 buck EV sales slump in China

6 DJI 大疆 Slams ‘Ridiculous’, ‘Untrue’ Rumors About 50% Company Layoffs

7 Tech firm North Ocean Photonics 鲲游光电 bags over $14m in Series B

8 Network tech company 51tuxing 土星科技 raises $1.4m in Series Pre-A

9 Voice recognition company Zhongkehaoyin 中科昊音 rairses $1.4m in Series Pre-A

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MOBILE-ONLY MARKETS:

1.Singapore’s EV policy push to drive investments in allied infra, tech

2 Indian online grocery startup BigBasket raises $60M

3 India: Cloud kitchen company Rebel Foods mops up $47m from Coatue Management

4 Indian online tutoring platform Vedantu raises $12.5m from Legend Capital in Series C1

CROSS-BORDER:

1.France’s competition watchdog orders Google to pay for news reuse

2 Google subsidiary agrees to pursue internet ‘diversification’ in Asia to block China access to U.S. market 

3 Sony invests US$400 million in Chinese streaming video platform Bilibili 哔哩哔哩

OVERSEAS:

1 CDC’s new guidance around COVID-19 contact sends potentially exposed critical employees back to work.

2 Mobile marketing tech startup Branch Metrics Lays Off 20 Percent Of Employees

3 Facebook to supply free Portals to some care home residents under NHS scheme

4 Walmart Grocery app sees record downloads amid COVID-19, surpasses Amazon by 20%

5 App development shop V/One is giving away 50,000 free mobile app builds to budding LA mobile businesses

6 Index raises $1.2B growth fund and $800M to invest in emerging startups

7 Data storage startup Cohesity Receives $250M In Latest Round, Reaches $2.5B Valuation

8 Japanese payment service provider Paidy raises $43M from ITOCHU

9 Swedish Logistics Tech Company Instabox Snags $39M In Financing, With Valuation At $109M

10 Cybersecurity platform Bugcrowd raises $30M in Series D to expand its bug bounty platform

11 Tonkean Closes $24M Series A To Automate Operations

12 Digital mental health platform SilverCloud’s $16M Series B to Boost North American Expansion

13 Tech-enabled service provider IFM Restoration Lands $10M Series A To Facilitate Still ‘Essential’ Home Repairs

14 Ferrum raises $9 million to prevent medical mistakes with AI

15 Austin-Based Living Security Secures $5M To Make Cybersecurity Training More Fun

16 Seeqc raises $5M to help make quantum computing commercially viable

Image Credits: Pandaily