Chinaccelerator Daily Digest 4/19/2019

Overseas:

1. Digital health investments slide in the first quarter to $2 billion, according to Mercom Capital

2. Newzoo: Top 25 public game companies generated over $100 billion in 2018 revenue (Tencent is listed No.1)

3. Uber’s self-driving unit valued at $7.25 billion in new investment

4. Pinterest, Zoom shares surge in market debuts after IPOs

5. Google lets Android users in Europe choose rival browsers, search engines

6. New Apple lab uses robots to rip apart devices for recycling materials

7. Facebook says its employees had access to millions of Instagram passwords

8. Microsoft acquires Express Logic to help its push into the ‘internet of things’

13, Marketing platform startup Adverity raises $12.4M in round led by Felix Capital

China:

1. Visual China fined over false photo copyright claims

2. Tianya BBS 天涯社区 started preparing IPO

3. Homeinns Hotel group established the partnership with Alipay regarding membership

4. Cloud video platform Xiaoyu link 小鱼易连 raised Series C led by Tencent

5. Guangzhou to Launch $3 Billion Bailout Fund for Private Enterprises

Cross-border:

1. China’s Huawei makes second attempt at Brazil smartphone market

2. Nintendo shares surge more than 16% after tie-up with Tencent to sell Switch console in China

3. US self-driving company Aptiv to open research center in Shanghai

4. TikTok disappears from India’s Google and Apple app stores

Blockchain:

• China Starts Using Blockchain to Prevent Customs Fraud First in Port of Tianjin

Emerging Market:

• Singapore-based Fintech company KOKU raises US$2M pre-Series A funding from Tencent’s Jason Zeng

Cover picture credits from Counterpoint Research.