Chinaccelerator Daily Digest 4/26/2019

Overseas:

1. Chinaccelerator parent fund SOSV closed usd218 million in SOSV Fund 4 and oversubscribed on the usd250 million target

2. Mary Meeker, one of the most-followed technology forecasters, raises $1.25 billion for a new fund Bond Capital

3. More and more LPs are now based in Asia, says Mekong Capital’s Chris Freund

4. Nintendo shares fall as much as 5% after conservative guidance

5. Comcast in talks to sell its stake in Hulu to Disney

6. SoftBank invests in Alphabet business for cellphone antennas in the sky

7. Walmart unveils an AI-powered store of the future, now open to the public

8. PayPal Ventures leads $11 million investment round in retail start-up Happy Returns

9. AWS expands cloud infrastructure offerings with new AMD EPYC-powered T3a instances

10. Online learning startup Coursera picks up $103M, now valued at $1B+

11. Mejuri raises $23M Series B to serve women buying jewelry for themselves

12. The startup Synthesia behind that deep-fake David Beckham video just raised $3M

13. Labster scores $21M Series B to bring VR to STEM education

China:

1. Alibaba’s online mall chief wants to double sales in three years by selling more American cherries and Australian baby formula

2. Tencent eyes silver generation with investment in video app for dancing grannies called Tangdou 糖豆

3. K12 education platform Onion Math (洋葱数学) raised 300Million RMB in Series D

4. Forever21 closed its Tmall and JD online shop

Cross-border:

1. SOSV Aims to Nab Title First Foreign-Funded VC Firm in China’s Hainan

2. Baidu and Embassy of Switzerland in China Sign Joint Letter of Intent to Launch the “Switzerland” Mini Program

3. Volkswagen plans electric vehicle plant with JAC in China

4. Spotify loses access to major Indian label

5. Amazon’s cloud business to launch in Hong Kong as competition with Chinese rivals heats up

Mobile:

1. Verizon opens pre-orders for Samsung 5G phone, adds 20 more cities

Emerging Market:

1. Ninja Van and Grab join forces for intercity parcel delivery service

2. Indonesian social commerce platform TokoTalk raises US$3.2M

3. AI-based visual training platform Chooch AI secures US$2.8M

4. Hip, a social influencer platform in Vietnam and Thailand, acquires Indonesia’s female influencer network BP Network

5. Go-Jek, Singtel join forces for customer benefits

6. Golden Equator nets $18m in strategic investment led by Taizo Son’s Mistletoe

Cover picture credits from TechCrunch