February 2019
Startup China
Startup News Asia’s monthly round-up of China’s tech, startup and VC funding news for February 2019
- China: Horizon Robotics AI startup lands $600M as Beijing pursues chip industry
- China: Watrix AI startup says its gait-recognition can identify a person from 50 metres – even with their face covered or their back to a camera
- China’s AI-driven virtual news anchors graduate to full-body presentation
- China: VoiceAI voiceprint recognition technology startup gains pre-A funding via Hong Kong
- China: Zero Trust corruption-busting AI system being turned off for being too efficient – 8,721 officials snared across 30 counties and cities
- China: JIMU Intelligent AI-powered driving startup raises $15M
- ‘If the driverless-car phenomenon takes off in China, the payoff could be in the trillions of dollars’
- China: Bitcoin mining operations head to Sichuan to take advantage of cheap hydro power through the rainy season
- Are China’s tech giants set to dominate blockchain development?
- China: Baidu search giant launches Baidu Blockchain Engine OS to facilitate decentralized application development
- China: Enterprise Ethereum Alliance opens country office to advance adoption and participation
- China: THEKEY cryptocurrency project announces funding from People’s Bank and Nanjing Municipal Government
- China sets sights on rural villages being cashless and mobile-only by 2020
- China: The Flying Thai Food online food platform delivers ready-to-eat, vacuum-sealed Thai food, focusing on customers in tier-two cities
- China: Suning online retail giant buys 37 department stores to merge online and offline retail
- An overview of the scale of China’s secondhand e-commerce market
- China: Pinduoduo social commerce startup aiming to raise $1BN-plus – 6 months after raising $1.6BN on Nasdaq
- In brief: Huawei now turning all its smartphones to Point-of-Sale machines based on NFC tech
- China: Yuanfudao’s Xiaoyuan Kousuan free app checks math homework to help parents, teachers; claims 70M arithmetic checks per day
- Report on China’s growing adoption of eSIM technology, from GSMA (pdf)
- ‘Facebook’s revenue from Chinese-based advertisers reached an estimated $5 billion in 2018’
- China: $1.5BN worth of assets seized in latest P2P lending crackdown, along with 62 suspects overseas
- China’s Alipay digital wallet to enter 7000 Walgreens stores in the US
- China: Online healthcare market estimated to reach US$3BN in value by year-end
- China’s Ping An insurance services firm launches OneConnect fintech subsidiary in Indonesia
- China: A look at the massive live streaming space – 425 million live stream users by July 2018
- China: Documents surface suggesting 3 government institutions, including national science ministry, may have knowingly funded ‘CRISPR babies’ research
- China: Burning Rock Biotech secures $125M for cancer diagnostics
- China’s most popular mobile app? A propaganda tool teaching Xi Jinping Thought
- China: Retail market predicted to exceed US$5.6TN by year-end 2019
- China: An overview of the Greater Bay Area initiative, one of China’s moves to rival Silicon Valley
- IBM completes blockchain trial, tracking shipment from China to Singapore
- ‘I don’t know Facebook or Twitter’: China’s Great Firewall Generation Z cut off from the outside world
- China: A podcast look at the basics and challenges of navigating the Chinese internet and social media
- China: Panda Selected secures $50M funding with shared kitchens business
- China: Shanghai’s new Nasdaq-style startup board – a game-changer?
- China: A look at the recent Microsoft for Startups Shanghai Innovation Day
- China: Microsoft set to boost support for startups, particularly in Shanghai
- Silicon Valley Bank’s China Report from the 2019 Startup Outlook
- China: Soocas oral care startup lands $30M
- China: The dawn of the ‘little red phone’ – digital media as a means of strengthening the Party’s dominance of ideas and information
- China: 5G ‘smart highway’ for autonomous cars and AI traffic monitoring under construction in Wuhan, capital of Hubei
- China Post set to roll out 2000 robotic mail delivery trucks this year
- China: Shanghai set to gain world’s first 5G-enabled railway station, using Huawei tech
- China: 17 million – the number of times people were banned from buying plane tickets for being ‘untrustworthy’, according to the social credit system
- China’s Huawei offers to build cyber security centre in Poland despite spying charges
- China: PETKIT pet product startup secures $20M
- India: Tamil Nadu government considers ban of China’s TikTok to stop the spread of ‘harmful content’
