CHINA:
1. Q1 sees 14% less job openings in China, while demand from livestreaming industry surges 84%
2. China’s EV sales start to recover from virus hit
3. EV startup Byton 拜腾汽车 hasn’t paid March salaries as Series C still shows no signs of materializing
5. ByteDance’s Douyin 抖音 sues Guangzhou-based firm Remen Technology 雷蒙科技 for trademark infringement
6. More than short-video apps, ByteDance 字节跳动 eyes education sector in 2020
7. JD.com 京东 teams up with SAIC Volkswagen 上汽大众 to allow home appliances control from vehicles
8. JD.com 京东 finally launches mini programs
9. Chinese facial recognition firm Megvii 旷视科技 is thinking of listing on China’s NASDAQ
10. Hong Kong insurtech startup OneDegree launches its first product, medical coverage for pets
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MOBILE-ONLY MARKETS:
1. Singapore-based insurtech startup Axinan closes series A+ round at $16m, rebrands as Igloo
2. India’s Paytm to invest in Rooter Sports’ pre-Series A funding round
3. India: Two-wheeler marketplace CredR secures debt funding from Stride Ventures
4. India’s Yes Bank eyes tapping advisers for $655m fundraise
5. India Deal Monitor: Bugworks Research snags $7.5m and more updates
6. Indian edtech startup Vedantu raises $7m from South Korea’s KB Global
7. Vietnam-based e-commerce enabler OnPoint raises $8m Series A
8. Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital
CROSS-BORDER:
1. Amazon begins selling items from neighborhood stores in India amid Facebook’s deal with Jio
2. Global P2P platform Mintos suspends Indonesia’s Akulaku over late payments
3. Vietnam says Facebook should adhere to local regulations
OVERSEAS:
1. Germany’s COVID-19 contacts tracing app to link to labs for test result notification
2. Facebook removes pseudoscience ad targeting category
3. Google claims its AI can design computer chips in under 6 hours
4. Google is extending identity verification requirements to all advertisers
5. Apple aims to sell Mac computers with its own chips starting in 2021
6. Apple and CMU researchers demo a low friction learn-by-listening system for smarter home devices
7. Intel reports Q1 2020 revenue of $19.8 billion, up 23% despite coronavirus
8. Tesla’s newest board member has a long stance against short selling
9. Cannabis group Medicine Man Technologies rebrands as Schwazze, announces sweeping acquisitions
10. HealthJoy launches its revamped employee benefits assistance platform
11. Expedia raises $3.2B to ride out pandemic, names new CEO and announces austerity measures
12. Noah Secures $150M To Help People Tap Into Their Home Equity With ‘No Interest or Debt’
13. Charlotte-based fintech unicorn AvidXchange raises $128M more for accounts payable platform
14. Affinivax Closes On $120M Series B As Biotech Takes Center Stage Globally
15. Transcend Fund raises $50 million to invest in games
17. Peak Closes $12M Series A Extension Aimed At Bringing AI Capability To Customers
18. Nuvocargo, a trucking managed marketplace, raises $5.3M in seed funding
19. Opera Event raises $5 million to connect advertisers and esports influencers
20. Supply chain startup SimpliRoute plans Latin American expansion following $3M Series A
Image Credits: VentureBeat