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MD @ YourNest Venture Capital
Dzuleira Abu Bakar
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12 Tech Happenings on 5/30/2019
Wallace Ho30 May, 2019
1. China introduces new draft rules for data privacy protection, including any customized content using recommendation algorithms driven by personal data should be explicitly labeled
2. Xiaomi's global investment amount reached RMB 5.8 billion in 2018
3. Tencent and Roblox announce game partnership, the jointly owned company will be based in Shenzhen
4. Short-video app Kuaishou's 快手 daily active users hit 200 million mark, reflecting its rapid growth in rural popularity
5. E-commerce platform DoNew 斗牛 raised nearly 10 million from Series A fundraising
6. Toyota may invest about $550 million in China ride-hailing firm Didi: Nikkei
7. DHL brings Africa eShop to 20 countries in a competitive nod to e-commerce platform Jumia
8. Singapored-based VC firm EV Growth raises US$200M first fund, exceeding initial target
BEAM is lauching Cross Border Business Matching Engine using machine learning, click a button to match with right business & career opportunities
9. Bain Capital is raising a $1 billion tech fund for buyouts and late-stage investments
10. Online lender SoFi has quietly raised $500 million in funding, led by Qatar
11. Digital therapy startup Talkspace picks up $50 million Series D
12. Micro financing for social sellers, collaboration between AVANA and Funding Societies
Gain publicity for your business in front of business owners & investors for potential customers & investment
This article is contributed by our partner Chinaccelerator & BEAM
Schedule your time for Chinaccelerator batch 15 demo day livestream to learn more about cross border startups between China and the world.