CHINA:
1. Chinese VC Market Drops Back To $5.07B In April
2. China’s Kingsoft Cloud sets terms for US listing in first major IPO since COVID-19
4. JD partners with Cloudflare in China’s cloud market
5. Hong Kong video games firm Leyou Technologies 乐游 gets a new buyout offer
6, Chatbot maker Yunwen Robot 云问科技 scores USD 14 million investments
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MOBILE-ONLY MARKETS:
1. Financial products comparison firm GoBear acquires Singapore fintech startup AsiaKredit
2. Singapore’s logistics-tech platform Ninja Van nabs nearly US$124M in Series D round
3. News and local language content platform Dailyhunt scores $35m in top-up funding led by Lupa Systems
CROSS-BORDER:
1. Silver Lake pumps $750 million into Reliance Jio hot on the heels of Facebook
2. Amazon, Flipkart, Ola and Uber begin to resume their services in India
3. Xiaomi to roll out new e-commerce service in India to boost sales during lockdown
4. Disney+ and Warner Bros sign partnerships in the Middle East
5. Mobile operator Vodacom launches commercial 5G mobile network in South Africa
6. S Korea’s SK Holdings invests in Israeli auto data platform Otonomo
7. Document Design Tool Qwilr Brings In $7.25M Series A to Accelerate US, Europe Expansion
8. Singapore’s d:tribe invests in Australian AI startup Shelfie
OVERSEAS:
1. Uber in Talks to Lead $170 Million Lime Investment at Lower Valuation
2. Uber subsidiary Careem to slash workforce by 31%, suspends bus transport app
3. Apple, Google ban use of location tracking in contact tracing apps
5. AWS launches the $995 Elemental Link for streaming video to its cloud
6. Competing with Disney+ and Quibi, Supreme Court launches streaming service
7. WeWork co-founder Neumann sues SoftBank over failed tender offer
8. Fintech startup Robinhood raises fresh funds at $8.3 billion valuation
9. Canada’s Newest Unicorn: Edtech Startup ApplyBoard Raises $75M At $1.4B Valuation
10. Mobile app market intelligence firm Sensor Tower raises $45M as demand for app data grows
11. Medable Secures $25M Funding To Reduce Clinical Trial Timelines with digital technology
13. Sam Altman backs ‘video-first’ dating app Curtn
14. British start-up Culture Trip confirms layoffs as coronavirus hits travel
Image Credits: TelecomLead