Chinaccelerator Daily Digest 6/22

Overseas:

  1. Swiggy, food delivery unicorn, raises $210M led by Naspers.
  2. Cybersecurity and AI startup Cyclance raises $120M Series E.
  3. Microsoft buys AI startup Bonsai.
  4. Immigrant and refugee tech platform Rebtel secures $8M from Index Ventures and Balderton Capital.

China:

  1. VIPKID, online language school, raises $500M.
  2. Voice recognition software firm iFlytek works with Chinese govt. to build AI-based translation platforms.
  3. Alibaba Cloud partners with China’s big three telecom companies to publicly offer IPv6 services.
  4. Online news platform Today’s Headlines forms partnership with five major Chinese satellite T.V. networks on content production and promotion.

Blockchain:

  1. Authorities prohibit the buying and selling of cryptocurrency without a license in Cambodia.

Mobile:

  1. Instagram challenges Youtube with IGTV, a new app for video creators.

Southeast Asia:

  1. Grab partners with Shopee for same-day delivery in The Philippines.
  2. News Lens, Taiwan-based news portal, raises $4M Series C.

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