1. According to IDC Report, China's public cloud service market accounted for US$2.46 billion in 2019 Q1, increasing 67.9% year-on-year
2. ByteDance unveils group chat function in Douyin 抖音 to take on WeChat
3. EAST WEST BEAUTY 东点西点, high-end beauty product retailer, finished 7-digit Pre-A funding round
BEAM helps early stage companies in fund raising in Malaysia.
4. Venture Catalysts, Indian incubator and accelerator, launches $43.4m fund to support early-stage startups
5. Swiggy, Indian Online food delivery startup, closes in on $750m fundraise
6. UrbanClap, India's largest home services startup, raises $75M
7. Sequoia adds USD 200 million to its sixth India fund in a warming market
8. Intel And Baidu To Collaborate In AI, Autonomous Driving and 5G
9. With a new $800M fund, healthcare and fintech-dedicated venture capital Oak HC/FT is staying true to its name
10. E-commerce startup Wish raises Series H at $11.2B valuation after doubling revenue in 2018
11. Fuel50 raises $14 million to bolster employee engagement and retention
12. Chinese market drives strong Apple results despite trade tensions
This article is contributed by partners Chinaccelerator and BEAM.