Chinaccelerator Daily Digest 2020/05/19

CHINA:

1 Meituan Dianping Re-enters Power Bank Sharing Business With Recruitment Plans

2 360.com and iFLYTEK 科大讯飞 announced to partner in online consumer business, smart city building

3 HeyTea 喜茶 Partners With Artificial Meat Startup Starfield 星期零 To Launch Veggie Burger

4 China AI firm Sensetime 商汤科技 mulls $1 billion fundraise

5 JD.com’s Industrial Products E-commerce Unit Raises $230M In Series A Round

6 Sports tech company Keep raises $80m in Series E

7 Cognitive intelligence company Leyan Technologies 乐言科技 raises $21m in Series C1

8 China technology-driven reproductive health company Basecare 贝康医疗 snags $21m in Series C round

9 Home decoration supply chain company ZZSuper 中装速配 raises more than $10m in Series B2

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MOBILE-ONLY MARKETS:

1 After Zomato, indian foodtech unicorn Swiggy to retrench 1,100 people

2 Singapore’s cybersecurity startup Responsible Cyber acquires digital identity wallet Secucial

3 Singapore-based digital health and data analytics company Holmusk closes $21.5m Series A round

4 Indian technology focused VC firm Iron Pillar adds $45m top-up to its first fund

5 Indian Fintech startup Lendingkart raises $11m led by Fullerton India

6 Indonesia online P2P financing platform KoinWorks secures US$10M from Lendable to help Indonesian SMEs raise funds online

7 Vietnam-based online skill sharing platform Vibeji raises $70k

CROSS-BORDER:

1 Zoom stops Chinese user registration and no longer accepts individual users to purchase its services

2 China’s Oppo partners with Vodafone for bigger European push

3 Taiwan chip maker TSMC 台湾积体电路制造 stops new Huawei orders after US restrictions

4 SoftBank in talks to sell down T-Mobile US stake to Deutsche Telekom

5 Accenture acquires Byte Prophecy to enhance AI, analytics capabilities

6 Ant Financial 蚂蚁金服 to infuse US$73.5M into Myanmar’s Wave Money

7 Temasek leads $65m Series D round in US-based SQZ Biotechnologies

8 Australia-based GO1, an enterprise learning platform, picks up $40M from Microsoft, Salesforce and more

OVERSEAS:

1 Uber lays off another 3,000 employees

2 Apple accuses U.S. of ‘false claims’ on Pensacola terror investigation

3 Google is piloting a simpler Nest Hub Max interface at retirement homes

4 A smart highlighter and artificial window are among Samsung’s latest C-Lab spinoffs

5 Austin-based Digital Health Startup Everlywell Gets FDA Green Light For COVID-19 Test Home Collection Kit

6 London-based Fly Now Pay Later raises £35 million Series A to provide flexible financing to travelers

7 IT solutions company Electric gets another $7 million in funding from 01 Advisors and the Slack Fund

Image Credits: DealStreetAsia