Chinaccelerator Daily Digest 2020/05/05

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

3. Country Garden, China’s top developer, hops on TikTok to launch mainland’s biggest ever live-streaming home sales

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

4. Nvidia acquires Cumulus Networks, an open-source-centric company that specializes in optimizing the data center networking stack for enterprise.

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

12. Instabug, which provides mobile developers with real-time insights throughout the app life cycle, raises $5M Series A round led by Accel

13. Sam Altman backs ‘video-first’ dating app Curtn

14. British start-up Culture Trip confirms layoffs as coronavirus hits travel

Image Credits: TelecomLead