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Asia Tech Review: April 4 2016

Welcome back, There was no newsletter last week due to the long Easter break, sorry about that but it
April 5 · Issue #4 · View online
Asia Tech Review
Welcome back,
There was no newsletter last week due to the long Easter break, sorry about that but it does mean there is plenty to catch up on with this double issue.
Honored to have featured on Eric Jackson’s podcast last month - he’s had a tonne of great guests. We spent nearly an hour discussing trends in mobile messaging.
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China seeks more legal muscle to block foreign websites
Xiaomi unveils a smartphone-controlled rice cooker
Samsung Pay launches in China
ZTE to shuffle top executives following US trade sanctions
Alibaba healthcare unit invests $35M in a medical imaging company
Cherubic Ventures announces $120M early-stage fund for U.S., China and the rest of Asia
Xiaomi makes first investment in India, backing streaming service
Relaxing of foreign investment rules set to shake up India’s e-commerce market
Online grocery startup BigBasket raises $150M at $500M valuation
Flipkart reported booked half of India's smartphone sales in 2015
Ola wants to create metropolitan Wi-Fi networks powered by taxis
Sony announces plans to make PlayStation games for iOS and Android
Foxconn takes control of Sharp in $3.5B buyout
Rakuten is testing drone deliveries on the golf course
Line builds out its chat app for businesses as Facebook Messenger threat looms large
Line to operate mobile service in Japan
Southeast Asia
Garena raises $170M at a $3.75B valuation
Malaysia's Mavcap partners China's Gobi for $50M fund
ServisHero, a mobile app for finding local services in Southeast Asia, lands $2.7M
Innoven Capital, formerly Silicon Bank India, expands debt funding to Southeast Asia
Interesting Reads
Sundar Pichai on going from India to Google CEO [link]
Apple’s push to flood India with used iPhones ignites backlash [link]
India’s Amazon will be Amazon, India’s Uber will be Uber… [link]
Xiaomi aims to double its sales to $1.5 billion this year [link]
Chat bots, conversation and AI as an interface [link]
Samsung to behave more like a startup [link]
iPhone SE unlikely to be a hit in Asia (my take) [link]
Why Apple’s new iPhone SE might not be good enough for Indians [link]
Facebook is the new Excel – a threat and an opportunity [link]
The only way Facebook enters China is as a tool of the government [link]
Zuckerberg and Kalanick in China: Two different approaches [paywall]
Who is lying about marketshare in India: Ola or Uber? [link]
Grab vs Go-Jek: Friends at Harvard turn rivals over ride-hailing apps in Southeast Asia [link]
And finally...
Chinese football: More than a game? [link]
Inside Myanmar’s child labor economy [link]
Singapore PM on why US leadership on trade and security is indispensable [link]
That's All For Now, See You Next Week!
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