Chinaccelerator Daily Digest 4/23/2019

Overseas:

1. Tesla plans to launch a robotaxi network in 2020

2. Facebook makes its first browser API contribution to Google’s Chrome browser

3. A $603 Million Deal by Jacobs Engineering Group Inc. Helps to Shed Light on Cybersecurity Space

4. Apple spends more than $30 million on Amazon’s cloud every month, making it one of the biggest AWS customers

5. Audioburst raises $10M to build AI-powered infotainment systems for cars, ad solutions

6. Zillow launches AI-powered 3D home tours in the U.S. and Canada

7. Google’s SpecAugment achieves state-of-the-art speech recognition without a language model

8. The smartphone camera could become the new way consumers find products online

China:

1. QuestMobile China Mobile Internet 2019 Spring Report: the overall growth of active users and usage time is slowing down

2. China Unicom moves first Chinese 5G launch up to May

3. Huawei Q1 revenue grows 39% to $27 billion amid heightened U.S. pressure

4. Huawei says launches ‘world’s first’ 5G communications hardware for autos

5. Pinduoduo 拼多多 providing digital solutions for Yunnan farms in anti-poverty push

6. China’s Luckin Coffee files for US IPO, said to raise $300m

7. High-end wealth management service platform Jin Fuzi 金斧子 received 172m yuan from Pre-D round fundraising

8. Tencent-backed Chinese streaming platform DouYu 斗鱼 files for US IPO

9. Hong Kong startup Unspun uses 3D tech to make zero-waste jeans

Cross-border:

1. Sony launches a taxi-hailing app to rival Uber in Tokyo

2. Chinese smartphones reconnect with Iraqi consumers

Emerging Market:

1. honestbee halts local operation in the Philippines

2. Biodegradable plastic startup RWDC Industries raises US$22M in fresh funding

3. Resurgent HappyFresh raises $20M for its online grocery service in Southeast Asia

4. India’s ZestMoney raises $20M to grow its digital lending service

5. Myanmar fintech Daung Capital secures additional capital for its Series A round

6. Agritech startup Glife secures US$1.18M seed funding for farm-to-table logistics service

Cover picture credits to TECHCAPON.