Chinaccelerator Daily Digest 5/10/2019

Overseas:

1. Uber Is Going Public: How Today’s Tech I.P.O.s Differ From the Dot-Com Boom

2. Jeff Bezos’s Blue Origin unveils lunar lander to take astronauts to the moon by 2024

3. Netflix acquires kids’ educational content co. StoryBots, parts of it larger goal to have its own brand of popular kids’ educational programming

4. Disney reports strong second-quarter, but takes $353 million write-down on Vice

5. Ebay Is Opening a ‘Concept Store’ in the U.K. offering small businesses the chance to sell and “showcase” their products

6. Educational gaming platform Kahoot acquires math app maker DragonBox for $18M

7. With new raise, the creator of real-time 3D dev platform Unity Technologies could nearly double valuation to $6 billion

8. Cybersecurity insurance startup Coalition raises $40M in Series B funding

9. Mint House raises $15M to give business travelers a better hotel

10. British Online Supermarket Giant Ocado Makes First Tech Startup Investment Worth $9m In Robotics Firm Karakuri

11. Understory Gets Weather Reporting On Track With $5.25M Investment

12. Printify raises $3M to expand its marketplace for custom printing

13. SaaS management startup Intello scores $2.5 million extended seed

14. Clean.io raises $2.5M to fight malicious advertising

China:

1. China tech giants including Ant Financial, Tencent’s Tenpay, Xiaomi’s Insight Fintech and Ping An’s OneConnect secure Hong Kong virtual banking licenses

2. Chinese K-12 online tutoring platform GSX Techedu files for US IPO

3. Xiaomi-Backed Kingsoft Aims for USD302.2 Million Tech Board Listing

4. Bytedance launches K-12 online education platform Dali Ketang大力课堂

5. Chinese life services platform 58.com to gain further boost with AI, VR, big data

6. Chinese AI start-up YITU 依图 launches groundbreaking chip “QuestCore”

7. Hong Kong insurance tech startup OneDegree extends its Series A to a total of $30 million

8. Chinese AR startup HiScene secures $17.5m in Series B+ round

9. Second-hand houses listing platform 海螺家 Hailuojia raised 7 digit RMB in Pre-A round.

10. Psychological service platform Yidianling 壹点灵 raised 7 digit RMB in Series A++.

Cross border:

1. This map shows how SoftBank dominates the global ride-sharing industry, with these investments add up to almost $20b

2. Kasikornbank to allocate US$100M to help Thai startups enter Vietnam

3. Beijing-based ecommerce giant JD closes office in Australia

4. Heetch raises $38M to take on Uber in French-speaking countries

5. African cross-border payment startup Chipper Cash has raised a $2.4 million seed round led by Deciens Capital

Mobile:

– Smartphone shipments hit a five-year low in North America from 44.4 million down to 36.4 million, with Apple and Samsung each commanding 40% and 29.3% of the market

Emerging Market:

1. Kejora Ventures raises more than $100m for its third fund

2. Singapore-based online food company Grain secures US$10M Series B funding

3. TVS Motor invests $3.85m in Indian logistics startup TagBox

4. AI company Pencil secures US$1.1M seed funding led by Wavemaker

5. Skillenza, India’s answer to Triplebyte, raises US$1M in Pre-Series A funding round

Image credit: China Daily