Chinaccelerator Daily Digest 5/13/2019

Overseas:

1. PlayStation accounts for one-quarter of game industry’s $29.4 million TV ad spend in April

2. SoftBank’s Market Value Slides $9 Billion as Uber IPO Flops

3. Nike says it has developed technology, coming this July, that will allows its app to achieve near-perfect size accuracy

4. Tinder is preparing to launch a lightweight version of its dating app called ‘Tinder Lite’

5. Sports streamer fuboTV to expand into ad-supported free streaming, original content

6. Daye, a startup developing a ‘cramp-fighting’ tampon, raises $5.5M from Khosla, Index and Kindred

China:

1. A total of 12 billion yuan investment deals signed at China’s robot summit

2. Chinese corporate giants Wanda 万达 and Tencent co-launched a smart retail mall

3. JD.com narrowly beats estimates, renews Tencent deal in Q1 2019

4. Didi launches open platform for smart transportation, AI services

5. HK’s Dignari Capital Partners closes second China private credit fund at $626m

6. JD.com’s healthcare unit JD Health to raise $1b from Baring PE Asia, others

7. Social selling startup Beidian 贝店 raises RMB 860 million, challenges Pinduoduo

8. China’s gene-sequencing equipment MGI Tech raises $200m from investors

9. Shenzhen Zhuyun Technology Co. Ltd., which specializes in identty management and access control (IAM), completed over 100 million yuan from series B fundraising

10. Game for Peace, PUBG Mobile’s replacement in China, earns $14 million in first 3 days on iOS

11. Healthy lifestyle platform DeepDive 深潜 completed tens of millions of A round of financing

12. Blockchain application platform SpiderStore completes angel round financing

Cross border:

1. G7 countries to simulate cross-border cyber attack next month for the first time: France

2. China’s Tanshan, Manchester Uni Set Up China’s First Tactile Sensor Lab for Robots

3. IDC: High-end VR grew 60% in 2018, users have smartwatch-level satisfaction

4. Netflix inks deal with Alibaba’s Youku for Chinese-language rom-com

5. SoftBank set to invest $800m in British financing group Greensill

6. Uber enters India’s bike-sharing space with Yulu tie-up

Mobile:

– The Pokémon Company And DeNA Are Working Together On A New Smartphone Game

Emerging Market:

1. Jakarta comes out as “challenger” to global startup ecosystems: Startup Genome Report

2. Singapore to launch new corporate structure for investment funds in 2019

3. Jupiter Capital to raise debut Asia impact fund, invest up to $15m per investment

4. Philippine conglomerate JG Summit Holdings eyes digital startups with $50m investment arm

5. Malaysian salestech startup SalesCandy sets foot in neighboring regions

6. Online restaurant Grain bags $10m in series B round

Image credit: The World of Chinese