The globalization of Chinese enterprises
Among the top ten overseas game revenues in the Japanese market in the third quarter, Chinese games accounted for 9th. 36Kr is informed that App Annie today released the top ten list of the top ten overseas game revenues in the Japanese market for the third quarter of 2020. Among them, with the exception of Pokemon Go, which ranks second, the other 9 games are all produced by Chinese manufacturers. The types include chicken-eating, idle RPG, urban combat strategy games, action RPG, simulation games, etc.
NetDragon's online learning community Edmodo has become the only designated online learning platform for the K12 education system in Ghana. According to a report from Chinanews.com Fujian, NetDragon has reached a cooperation with the Ministry of Education of Ghana. NetDragon's global online learning community Edmodo was selected by the Ministry of Education of Ghana as the only designated online learning platform for the country's K12 education system. Edmodo will enter more than 30,000 public and private schools in Ghana, covering 9.3 million students and 450,000 teachers across Ghana. According to data, NetDragon's education business has covered more than 190 countries and regions, over 100 million users, and more than 2 million classrooms.
Haval's first love real car was unveiled and plans to export overseas. 36Kr learned that on November 12, following the third-generation Haval H6 and Haval Big Dog, the third model of Haval First Love from the Great Wall "Lemon" platform was unveiled. The new car is positioned as an entry-level compact SUV. In the Great Wall Motor's plan, this model is defined as the first car tailored by the new youth, and youth has become the design language of the entire car. Haval said that the car will be exported overseas in the future.
Southeast Asia
Indonesia's P2P lending platform Investree received 15 million US dollars in funding from Accial Capital. According to e27 reports, the Indonesian P2P lending platform Investree recently announced that it has received US$15 million in funding support from the US Accial Capital. Investree was established in 2015 to provide lending products that comply with Sharia law for Indonesian SMEs. The funds will be used to provide new loan products for Indonesian SMEs.
India
India's dry waste disposal service provider Nepra received US$18 million in Series C financing. According to YOURSTORY, India’s dry waste disposal service provider Nepra recently announced that it has received US$18 million in Series C financing, led by Aavishkaar Capital and Circulate Capital. Nepra is one of the largest dry waste collection and treatment companies in India. It cooperates with more than 1,700 waste collectors and handles more than 500 tons of waste daily in the Ahmedabad, Pune and Indore regions of India. The funds will be used to help Let's Recycle, a subsidiary of Nepra, improve its waste disposal capacity and expand the domestic market.
Grofers, an Indian online retailer, is proceeding with a US$60 million financing plan. According to a report by The Economic Times, people familiar with the matter said that Indian online retailer Grofers is in the final stage of a new round of financing with a financing scale of US$55 million to US$60 million. The investment was led by SoftBank, followed by existing Grofers investors. Founded in 2014, Grofers aims at the mass market and provides consumers with online sales of affordable daily necessities. The company's valuation after this round of financing will remain between 650 million and 700 million US dollars.
African
small insurance technology company Turaco received US$2 million in seed round financing. According to Tech in Asia, Turaco, a micro-insurance technology startup, received a seed round of $2 million, led by Novastar Ventures, with participation from Musha Ventures, Zephyr Acorn, Mercy Corps Ventures, GAN Ventures and some historical investors. Turaco is currently operating in Kenya and Uganda, providing small health and life insurance services to mass users. The funds will be used to expand Turaco's business scale.
Middle East
Israeli cyber security company SentinelOne has tripled its valuation within a year to $3 billion. According to Reuters, the Israeli cybersecurity company has raised US$267 million. Since February this year, the company’s valuation has tripled-more than US$3 billion, and is expected to be in the next twelve months Conduct an IPO. Founded in 2013, SentinelOne provides network security protection services for personal computers, enterprises, cloud services, etc. through its own intelligent security platform.
Other
Japanese furniture retailer Shimachu decided to accept the $2 billion acquisition terms of its counterpart Nitori. According to NIKKEI reports, Japanese furniture retailer Shimachu has decided to accept the acquisition terms of its counterpart Nitori for approximately 210 billion yen (US$2 billion). Nitori will initiate a takeover offer as early as mid-November, with the goal of turning Shimachu into a wholly-owned subsidiary at a price of 5,500 yen per share. This offer is about 30% higher than DCM, a competitor that also wants to acquire Shimachu. If DCM does not raise its offer before next Monday, then Nitori will most likely become Shimachu's ultimate acquirer.
Honda's Level 3 self-driving car will be put into practical use and it will be recognized for the first time in the world. According to the Nikkei Chinese website, Honda announced on November 11 that it will release a "Level 3" passenger car equipped with highly automated driving functions in Japan in 2020. The premium car "Legend" will be equipped with a function that allows the line of sight to be moved away from the front when driving on the highway. On the same day, Honda received recognition from the Ministry of Land, Infrastructure, Transport and Tourism of Japan. It is the first time in the world to approve the use of Level 3 autonomous vehicles at the national level. This may accelerate the popularity of autonomous vehicles. At present, autonomous driving is divided into 5 levels from level 1 to level 5 according to functions. Level 3 means that driving operations such as steering wheels and brakes can be handed over to the automatic driving system if certain conditions are met.
