Chinaccelerator Daily Digest 2020/05/11

CHINA:

1 Chinese regulator drafts new rules on online bank lending to curb risks

2 China makes its first 3D-printed objects in space

3 The 5G messaging APP was taken down a day after it was launched, China mobile said there were some technical problems

4 Huawei’s 5G car will be launched this year, have announced 18 cooperative car companies

5 JD.com 京东 teases work collaboration market as it unveils video conferencing app JoyMeeting

6 Kingsoft Cloud 金山云 makes solid Nasdaq debut after wave of scandals involving US-listed Chinese companies

7 SF Express 顺丰 officially entered the takeout field and launched the enterprise group meal platform Fengshi 丰食

8 Short-term rental platform Linhuiba 邻汇吧 completed in Series B3, launched the site selection tool Location

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MOBILE-ONLY MARKETS:

1 Singapore’s Hummingbird Bioscience nets $25m in extended series B round

2 Fusian leads $9.5m funding in medical consultant platform DocsApp and more updates

CROSS-BORDER:

1 Dior unveils AI skin-testing tool on Meitu app to boost sales

2 Tesla secures $565m loan for Shanghai car plant

3 Digital upgrade service provider “WakeData 惟客数据” completed $10 million in Series B, led by Redpoint China Ventures and Sequoia

4 Singapore quantum computing startup Entropica Labs raises $1.8m seed round led by Elev8

OVERSEAS:

1 WHO is working on an app with coronavirus information and, maybe, contact tracing

2 Vista Partners founder calls for a fintech revolution to help pandemic-hit, minority-owned small businesses

3 Tesla sues Alameda County to force California factory reopening

4 Nintendo and PlayStation lead as TV ad spend dips in April — even during pandemic

Image Credits: Entertainment box