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Asia Tech Review: April 23 2018

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Welcome back,This week's big news on Asia Tech Review:⚔️US-China trade war is ramping up, dragging Qu
 
April 23 · Issue #69 · View online
Asia Tech Review
Welcome back,
This week’s big news on Asia Tech Review:
⚔️US-China trade war is ramping up, dragging Qualcomm into the feud
💸 Alibaba is busy doing deals in rural China, Thailand and on chips/AI
🇮🇳In India Facebook makes moves to fact-check ahead of the election, and advance its fintech play
🤖Twitter doesn’t seem to care about a shady bot network being built in Southeast Asia
Plus plenty of longer stories to read in the final section, including criticism of Facebook role encouraging religious conflict in Sri Lanka and the lure of India for big tech firms.
See you again next week, or perhaps sooner if you are a part of the ATR Telegram Group: https://t.me/asiatechreview
Thanks
Jon

China
Xiaomi reportedly plans to file for Hong Kong IPO in May
The US clamps down on ZTE and Huawei
Qualcomm delays NXP deal following China concerns
Alibaba taps rural growth with $717M investment in Huitongda Network
Alibaba launches own chip and buys Chinese AI chipmaker
Report: Smartphone usage set to overtake time spent watching TV in China
Tencent and JD.com could be LeEco's saviors
Baidu launches Blockchain photo platform
Hong Kong
Genetics testing startup Prenetics buys UK’s DNAFit for $10M
India
Tencent to invest $100M in fantasy sports platform Dream 11
Coverfox lands $22M led by World Bank’s IFC and Transamerica
Facebook begins fact-checking news in India
Facebook ready to enter payments in India, begins beta with recharges on Messenger
Digital wallet and financial service True Balance raises $23M
Amazon launches a ‘lite’ Android web browser app in India
Ola reportedly invests in bike-sharing company Vogo
Japan
Japanese startup blog The Bridge acquired by PR Times
Korea
Southeast Asia
Lending platform Funding Societies gets $25M Series B
Alibaba to invest $320 million in Thailand, as rivals boost presence
Twitter doesn’t care that someone is building a bot army in Southeast Asia
Interesting Reads
A close look at SenseTime, the Alibaba-backed AI startup that works with China’s government among others link
New York Times story on Facebook’s role inflaming racial tension in Sri Lanka link
Good overview of why the world’s tech giants are drawn to India link
Uber’s COO visited in India and had lots to say link
As Chinese censorship intensifies, gays are back while teenage mothers and tattoos are out link
A look at Xiaomi’s rise ahead of its expected IPO link
One crypto post >> The FT has lunch with Vitalik Buterin, well takeaway lunch link
And finally, Google probably knows more about us than Facebook link
Did you enjoy this issue?
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