Chinaccelerator Daily Digest 5/6/2019

Overseas:

1. Trump says tariffs on $200 billion of Chinese goods will increase to 25%, blames slow progress in trade talks

2. Global Smartwatch Shipments Grew 48% YoY in Q1 2019 with One in Three Being an Apple Watch

3. Amazon can already ship to 72% of US population within a day, this map shows

4. Starbucks is speeding up innovation at its Seattle research hub

5. SoftBank Is Said to Consider IPO for $100 Billion Vision Fund

6. TV broadcasting company Sinclair to buy Disney’s 21 regional sports networks for $10B

7. Tesla Raises $2.35 Billion in Boosted Debt, Stock Offerings

8. Sustainability focused Ecosystem Integrity Fund closes on $100 million

9. Esports Organization Immortals Closes $30 Million Fundraising Round, Acquires Brazilian Game Matchmaking Platform

10. Thunes raises $10M to make financial services more accessible in emerging markets

11. WorldCover raises $6M round for emerging markets’ climate insurance

 

China:

1. China’s tech hub Shenzhen to build 7,000 5G stations

2. China’s ‘sheconomy’ is growing like crazy, as overall spending by Chinese women is estimated to have increased around 81% in the past five years to $670 billion

3. Chinese tech firms have raised a record $3.4 billion in convertible bond sales this year, nearly double the total during all of 2018

4. Tencent leads $7 million Series A for online healthcare platform QTC Care

5. Tencent’s short-video app Yoo Video, which is estimated to have received 928,000 downloads in 2018, has renamed itself as Hotpot Video

6. Rising popularity of plastic surgery lifts So-Young’s Nasdaq IPO, with China’s medical aesthetics market expected to triple to RMB 360 billion by 2023

7. Biotechnology company helpsci.com.cn 艾尔普再生医学 won tens of millions of A round of financing

8. Rental services provider Chengtu 橙途 for individual homeowners received 5 million yuan of angel financing

9. Chinese AR start-up Xloong develops smart glasses to help police catch suspects

 

Blockchain:

– Australia-founded payment transfer firm Bitspark to launch Philippine-peso stablecoin

 

Emerging Market:

1. Singapore industry association, Textile and Fashion Federation to launch incubator program for fashion startups

2. Hootsuite shuts Singapore office, chooses Sydney as new Asia-Pacific HQ

3. Cloud-based software provider Deskera reportedly raises US$100M+ in extended Series A funding round

4. Video-streaming service iFlix nets investment from partnership with Indonesian media company

5. A low-tech approach to the self-driving future is already emerging in India with electric motorbikes

 

Image credit: woshipm

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