Chinaccelerator Daily Digest 2020/05/13

CHINA:

1 Tencent Music expects a better second quarter, ramps up audio content

2 China’s cybersecurity firm Qi An Xin 奇安信 seeks to raise $634m in STAR Market IPO

3 China’s online grocer Dingdong Maicai 叮咚买菜 said to raise $300m

4 Autonomous driving software and hardware solutions provider Hongjingdrive 宏景智驾 raises $1.4m in Series Pre-A

5 Non-code development platform HIPA 黑帕云 raises $1m in angel round

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MOBILE-ONLY MARKETS:

1 Indonesian online beverage retailer Kopi Kenangan snags US$109M in Series B funding led by Sequoia Capital

2 SG’s credit collection firm Flow raises $6m in Series A from Dymon, others

3 Thailand’s payment technology provider Digio raises US$4M in Series B funding round from Beacon VC, others

4 Singapore’s quantum computing software statrup Entropica Labs snags US$1.8M

5 Vietnam HR tech startup BravoHR raises seed funding

CROSS-BORDER:

1 Colombia to look into TikTok’s treatment of children’s data, as short-video app comes under growing scrutiny

2 Canadian fast food restaurant chain Tim Hortons eyes China coffee drinkers with Tencent investment

3 NetEase Cloud Music Reaches Strategic Cooperation on Licensing with Warner Chappell Music

OVERSEAS:

1 US e-commerce sales jump 49% in April, led by online grocery

2 Facebook upgrades its AI to better tackle COVID-19 misinformation and hate speech

3 DispatchTrack, a last-mile logistics platform, raises $144M in its first-ever funding

4 Slice, an online ordering and marketing platform for pizzerias, raises $43M

5 UpKeep raises $36 million Series B to help facilities and maintenance teams go mobile

6 Intel Capital-Backed Lilt Raises $25M Series B To Expand AI-Powered Translation Technology

7 Australian fintech startup Verteva raises $21.4m in Series A round

8 New $21M Funding For Baby Monitor Developer Nanit Will Help Expand Product Offerings

9 Health tech startup Stellar Health To Advance Physician Incentives With $10M Series A

10 E-mobility tech startup IRP Systems Gets $17M To Bring Electric Mobility To Mass Market

11 Homeschooling startup Primer raises $3.7 million seed round led by Founders Fund

12 PlayPlay raises €10M to help brands easily produce ‘high quality’ video content

Image Credits: DealStreetAsia