CHINA:
1 Taobao President Demoted Over Suspected Ties to Social Media Influencer
2 China’s TikTok, Douyin 抖音 tests social networking feature as it competes with Tencent’s WeChat
4 AutoX Partners with AutoNavi to Offer RoboTaxi Services in Shanghai
5 Xpeng 小鹏汽车 bets big on P7 sports car to help drive turnaround in China’s EV market, challenge Tesla
6 Chinese health management platform Boohee 薄荷健康 closes Series C round
7 Chinese fintech B2B platform bicai365 比财 competes $14m in Series Pre-C
8 Service robot cloud platform developer CloudsBrain 灵云智服 raises $1.4m in Series Pre-A
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MOBILE-ONLY MARKETS:
1 SE Asian insurtech startup Qoala raises $13.5m led by Centauri Fund
2 Rocket Internet-backed Tinvio bags $5.6m in seed money
CROSS-BORDER:
1 Japanese edutech startup Manabie eyes SEA expansion
2 India’s digital payment platform Paytm in talks with tech giant Microsoft to raise $100m
3 Chinese self-driving truck startup Inceptio 嬴彻科技 raises $100m from GLP, others
4 HK-based fintech startup Oriente raises $50m Series B round led by Henderson Land’s Peter Lee
5 SoftBank Vision Fund leads $36m funding for robotics firm Brain Corp
6 Japan’s Saison Capital leads $10m funding in SG-based fintech startup Helicap
7 Shorooq Partners leads $5.8m funding in 360VUZ, a US-based immersive virtual mobile app
8 Learning app Tigerhall bags $2m from Sequoia’s Surge, others
OVERSEAS:
1 NY attorney general calls out Amazon’s ‘inadequate’ COVID-19 measures and ‘chilling’ labor policies
2 Amazon’s AI uses a microphone array to localize multiple speakers in a room
3 Google medical researchers humbled when AI screening tool falls short in real-life testing
4 SpaceX’s latest Starship prototype passes a key test that puts it on track for a first flight
5 Lost item finder Tile expands partnership with Comcast, as Apple’s competitor looms
7 Austin Telehealth Startup Medici Raises $24M As Demand Surges Due To COVID-19 Pandemic
8 Barcelona-based Factorial raises $16M to take on the HR world with a platform for SMBs
9 Israel-based Codota raises $12 million for AI that suggests and autocompletes code
10 Nigeria’s fintech startup Okra raises $1M from TLcom connecting bank accounts to apps
Image Credits: Jing Daily