Nov 10 – Chinaccelerator Daily Digest: Five Headlines you need to know 


1. Baidu launches Xirang metaverse environment. There are currently only 3 scenarios available for exploration, a virtual art show and 2 product displays. KrAsia

2. Alibaba fund joins $150mSeries B round of Hong Kong fintech firm Qupital. The firm specializes in cross-border ecommerce trade finance. Tech in Asia

3. Hello Inc. secures $289m round led by Ant Group and Alibaba, second round of financing this year. Hello Inc.’s e-bikes have been stationed in over 400 cities in China, while it gradually added car pooling, power exchanges, taxis, electric cars. Pandaily

4. Video-centered SaaS Feihu365 raises over $15.6 million to help banks and insurance companies serve their customers using interactive video. Pandaily

5. Tencent joins forces with Apple Music to bring Chinese artists to global listeners. The tie-up will allow record labels and artists who distribute their works through TME Music Cloud, a platform owned by Tencent Music Entertainment, to launch their content on Apple Music. SCMP

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