Chinaccelerator Daily Digest 5/31/2019

Overseas:

1. Amazon interested in buying Boost from T-Mobile, Sprint – sources

2. Uber loses $1 billion in quarter as costs grow for drivers, food delivery

3. Uber Eats, micromobility services are growing faster than Uber’s core ride-hailing business

4. SoftBank’s Vision Fund to borrow $4 billion against stakes in Uber, Slack and Guardant Health

5. SoftBank picks Nokia and Ericsson for 5G rollout, snubs Huawei

6. Pillar launches with $5.5M from Kleiner Perkins and others to tackle your student loan debt

7. Password manager Dashlane raises $110M in Series D, adds CMO

8. Firefly raises $30M to bring more ads to Ubers, Lyfts and taxis

9. Soona raises $1.2M for quick, affordable content creation

10. Machine learning startup Weights & Biases raises $15M

11. Insight Partners acquires threat intel company Recorded Future for $780M

12. Enterprise cybersecurity startup BlueVoyant raises $82.5M at a $430M+ valuation

13. Healthcare data integration startup Abacus Insights lands $12.7M Series A

14. London fintech Yapily raises $5.4M to offer a single API to connect to banks

15. Kurly, a grocery e-commerce startup in Korea, closes upsized $113M Series D round

China:

1. TikTok 抖音 launched the first parental management system and established the Union to protect children

2. Tencent sues Bytedance over gameplay videos

3. Chinese database exposed 48.5 million dating app user records

4. Kwai 快手 launched the online e-commerce campus to train users 

5. A digital platform for students homework Zuoyehezi 作业盒子 raised 1500million USD in Series D, led by Alibaba

 

Cross-border:

1. Chinese computer research body The China Computer Federation to cut ties with division of U.S.-based IEEE

2. Huawei launches 5G lab in South Korea, but keeps event low-key after U.S. ban

3. Alibaba pumps $100 million into Vmate to grow its video app in India

4. WeWork, Alibaba Cloud partner on initiative to attract global companies

 

Emerging Market:

1. Gojek hits 10 million trips in Singapore within 6 months of launch

2. Singapore personal mobility startup Beam has kicked off its e-scooter service in Kuala Lumpur with about 200 vehicles.

3. Indonesian insurtech platform PasarPolis enters Vietnam, Thailand

4. Singapore-based Healthy snack maker Boxgreen raises undisclosed amount in pre-series A

Image credit: Reuters

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