And, in May, the ranking of global mobile application downloads: TikTok first, Zoom second; Grab expanded grocery services throughout Southeast Asia, including Cambodia.
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Globalization of Chinese Enterprises
The ranking of global mobile application downloads in May: TikTok first and Zoom second. According to the intelligence data of Sensor Tower store, in May of this year, Douyin and TikTok ranked the champion of the global mobile application (non-game) download list with nearly 112 million downloads, which has doubled from the same period in 2019. . India is still the market with the largest downloads of the application, accounting for 20%; followed by the United States, accounting for 9.3%.
Keep: The sales volume of the consumer goods business exceeds one billion, and has achieved overall profitability. It was learned that Keep held a media communication meeting in Beijing on June 4th. Keep partner and vice president Liu Dong introduced that after the E round of financing, Keep will combine 200 million users and 1 billion consumer goods sales. On the basis, it is ultimately necessary to provide users with overall sports solution value-added services, including paid courses, members and new features that may be on the Keep app. Liu Dong said that in Keep’s revenue structure, the consumer goods business has the largest sales scale, while the online business contributes the most profit. At present, Keep has achieved overall profitability.
NetEase established the next-generation console game development studio in Japan. On June 5th, NetEase announced the establishment of the next-generation home console game development studio “Sakura Studio” in Guangzhou and Tokyo, and began the recruitment of “Tokyo Office”. This is Netease’s first development studio aimed at developing home console games, and is headed by a Japanese producer with experience in console game production. (Interface)
India
Abu Dhabi’s sovereign wealth fund Mubadala will invest US$1.2 billion in Jio Platforms. According to KrASIA report, in the regulatory documents submitted last Friday, Reliance Industries Group of India stated that Mubadala will invest USD 1.2 billion in exchange for 1.85% of Jio Platforms. Mubadala manages $229 billion in assets and has invested in aerospace, real estate, metals and mining, IT, Medical care, renewable energy, semiconductors, petroleum and other fields.
India medical technology startup DocsApp merged with MediBuddy and raised US$20 million. According to DealStreetAsia, DocsApp merged with the digital medical platform MediBuddy to meet the Indian people’s demand for medical technology platforms. According to a statement, the combined entity has already attracted $20 million in funding. Leading investors include US venture capital firms Bessemer Venture Partners, Fusian Capital, Sumitomo Mitsui and Japanese venture firm Beyond Next Ventures. DocsApp is a 24×7 digital medical platform that connects patients and doctors through chat, call, video, etc.
HCL, an Indian information technology company, expands its partnership with Google Cloud. According to ET Tech, HCL Technologies has expanded its strategic partnership with Google to introduce HCL’s software product HCL Commerce into Google Cloud. This collaboration will enable the company to maintain its investment in the HCL Commerce platform, while also leveraging Google Cloud’s global coverage, security and flexibility.
Southeast Asia
Zomato may close the grocery delivery service. According to Entrackr, two people familiar with the matter said that Zomato is planning to shut down its newly launched grocery delivery service, Zomato Market. Zomato responded by saying that the company will continue to provide customers with essential goods delivery services, but as India’s “closing city” relaxes, Zomato will spend most of its time on the safest and most popular food delivery services.
Grab expands its grocery service to Southeast Asia, including Cambodia. According to KrASIA, Grab announced on Thursday that GrabMart has expanded its services to Cambodia. It is reported that GrabMart currently has operations in eight Southeast Asian countries including Cambodia, providing services to 50 cities in the region.
LingoAce, Singapore’s online language learning platform, was awarded a Series A financing of US$7 million. According to e27, the company willThe funds will be used to expand its business in Southeast Asia, and Indonesia will be the first stop. It is reported that LingoAce has received US$3 million in funding before the first round of financing last year.
Latin America
Tembici, a Brazilian bike-sharing company, raised $47 million in Series B financing. According to LABS, the leading investors in this round of financing include Brazilian venture capital companies Valor Capital and Redpoint eventes. Tembici was founded in 2010 and currently has a total of 16,000 shared bicycles. The new funds will be used to expand the company’s bicycles.
Other
1touch, an Israeli data technology startup, completed a $14 million Series A round of financing. According to KrASIA reports, investors in this round of financing include National Grid Partners (NGP), Jerusalem Venture Partners (JVP), American venture capital companies Connecticut Innovations, Mindset Ventures and Ocean Azul Partners. The company said it will use the investment to invest in the development of its new products. Founded in 2017, 1touch is a company that provides solutions for data mining, privacy and security.
The Israeli medical imaging startup Nanox received $20 million in financing. According to e27, this round of financing was led by South Korean telecommunications company SK Telecom, and the new funds were used to expand its AI-based system to the Vietnamese market. It is reported that Nanox has created an X-ray technology that claims to reduce the cost of imaging hardware from millions of dollars to 10,000 dollars.
Ubie, a Japanese health technology startup, raised $18.7 million in Series B financing. According to Tech in Asia, the investor in this round of financing is Japanese pharmaceutical distributor Suzuken. The company plans to use the new funds to expand its research and development capabilities, hire sales and engineering talent, and expand its product scale. Ubie was founded in 2017 and currently operates AI Monshin, a software service product for hospitals, and Ubie, an artificial intelligence symptom checking application for individual users.
Text| Luo Linqi@出海
Picture| Unsplash
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