Chinaccelerator Daily Digest 2020/05/15

CHINA:

1. Livestreaming sellers and blockchain engineers are officially jobs in China now

2. China healthcare investment booms on virus-related spending bets

3. Kuaishou sets goal to beat Douyin livestream sales by USD 7 billion

4. Chinese AI unicorn CloudWalk taps govt-linked investors for $254m round

5. Shanghai-based AI startup Data Grand closes USD 38 million Series B+ round

Check out our latest podcast here

Check out our latest blog post here

Subscribe to Daily Digest Newsletter here

MOBILE-ONLY MARKETS:

1. India Deal Review: COVID 19-hit startups raise $692m in April, 50% lesser than March

2. India launches contact-tracing app for JioPhones in virus battle

3. Tiger Global co-leads USD 44 million Series C in New Delhi-based enterprise startup SirionLabs

4. Gobi Partners and MDEC join forces to support local Malaysian startups

5. Grab says overall revenue down since coronavirus outbreak

6. Philippines-based home services platform GoodWork gets $1.6 million to expand in Southeast Asia

7. Pintek, a fintech platform in Indonesia, raises seed capital from Accion Venture to improve quality of education in Indonesia

CROSS-BORDER:

1. Trump adds another year to Huawei/ZTE ban

2.Cathay Innovation raises $550M for its second global VC fund

3. Singapore state investor Temasek joins Facebook’s Libra project

4. Facebook is building a huge undersea cable around Africa to boost internet access in the continent

5. Facebook partners with mobile payments and rewards platform Fave to help local businesses in Singapore

6. Foreign Direct Investment in China rises for first time since start of pandemic

7. Taiwan’s TSMC (Semiconductor Manufacturing Co Ltd) announces $12 billion U.S. chip factory

8. Tesla starts building Long Range Model 3 cars at China plant

OVERSEAS:

1. Sixth confirmed Amazon worker dies amid calls for the company to release data on coronavirus infections

2. Apple buys virtual reality company NextVR

3. Microsoft acquires Metaswitch in telecom push

4. WeWork reports slower cash burn in first quarter

5. Nvidia launches chip aimed at data center economics

6. Porsche rolls out search platform for its US used-car inventory

7. New York-based DigitalOcean, “the cloud for developing modern apps, raises $50M at $1.15B valuation

8. Video conference company Pexip surges 54% in IPO debut

9. Kustomer acquires Reply.ai to enhance chatbots on its CRM platform

10. Austin-Based Real Estate Startup Homeward Secures $105M In Debt & Equity

11. Immunai Launches With $20M Seed Funding And Plan To Map The Immune System

12. Workvivo, a platform for employee culture, raises a $16M Series A from Tiger Global

Image Credits: KrAsia