CHINA:
1 China has new US$1.4 trillion plan to seize the world’s tech crown from the US
2 China’s highest court supports refund for kids’ excessive spending on games, live-streaming apps
3 Alibaba to invest US$1.4 billion to build ecosystem around its Tmall Genie smart speaker
4 TikTok-owner ByteDance said to surpass US$100 billion in private market value
5 NetEase First Quarter Revenue Beats Expectations, Posts $502 Million Net Income
6 Didi starts hiring van drivers for new cargo service
7 Weibo monthly active users grew to 550 million in Q1 2020
8 JD.com Could Accelerate Secondary Listing Preparations after Positive Q1 2020 Report
9 China Everbright-backed internet-focused ad company Three’s Company eyes $147m in Shanghai IPO
10 China’s data security giant Mei Chuang 美创科技 raises $21m in new round
12 China’s foodtech company Zhaoshicai 找食材 raises $11m
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MOBILE-ONLY MARKETS:
1 Singapore’s Solubots unveils self-cleansing disinfecting robots
2 Sirius Ventures leads seed funding in Singapore fintech firm ShuttleOne
3 Indian Twitter-backed social media startup ShareChat lays off 25% staff
4 Indian SME-focussed fintech startup Khatabook raises $60m in Series B round
5 Vietnam’s accounting automation services provider Bizzi.vn raises funding from 500 Startups
CROSS-BORDER:
1 Senate passes bill to delist Chinese companies from exchanges
2 Tesla to Begin Production of Model Y in Shanghai in Q1 2021
3 China’s Geek+ brings warehouse robots to US via Conveyco partnership
OVERSEAS:
1 Facebook and Instagram roll out Shops, turning business profiles into storefronts
2 Microsoft launches Lists, a new Airtable-like app for Microsoft 365
4 Apple and Google’s contact tracing API is finally live
5 Tesla drops lawsuit against Alameda County over Fremont factory reopening
6 MasterClass just raised $100 million for celebrity-fueled content
7 Coalition Secures $90M Series C At $890M Valuation To Grow Cyber Insurance Platform
8 BetterCloud scores $75M Series F as SaaS management needs grow
10 Identity management startup Truework raises $30M, led by Activant Capital
12 Navenio raises $11 million to bring indoor mapping and localization to hospitals
14 As Demand For Its 401-K Offering Surges, Human Interest Adds $10M Extension To Series C
15 Autonomous aviation startup Xwing raises $10M to scale its software for pilotless flights
Image Credits: Yahoo Finance