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Asia Tech Review: August 15 2016

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Welcome back, This newsletter is slowly creeping back towards a regular schedule every week -- just a
 
August 15 · Issue #14 · View online
Asia Tech Review
Welcome back,
This newsletter is slowly creeping back towards a regular schedule every week – just a short issue this time around as the summer quiet kicks in.
Thanks for continuing to subscribe,
Jon

China
Alibaba reports record growth as public company
JD.com targets profitability as revenue growth flattens
Qualcomm nets patent deals with China’s top two fastest-growing phone makers
India
PayU, backed by Naspers, is reportedly buying Citrus Pay
Uber and Ola to be limited on pricing in New Delhi
Bus booking platform Travelyaari nets $7 million in funding
South Korea
Memebox raises $66M for its e-commerce platform for Korean beauty products
Southeast Asia
Southeast Asia-based social commerce app Carousell raises $35M
Funding Societies raises $7.5M for its loan marketplace in Southeast Asia
Interesting Reads
Great explanation of China tech giants developed into “swamp monsters” link
How data is making Delhivery India’s first e-logistics unicorn link
Interview with ex-Goldman exec now heading up Ant Financial (Alipay) link
Profile of LeEco, the ambitious Chinese firm that just bought Vizio link
The brains behind India’s hottest data science startup link
Chinese startups are likely to cut back on subsidies for on-demand taxis, food and more link
Inside Meitu, a Chinese company focused on photo apps with over 1B cumulative downloads link
Good podcast on the Didi-Uber China deal link
That's All For Now, See You Next Week
Say hi: jmarussell@gmail.com | @jonrussell | asiatechreview.com
Uber rival Go-Jek confirms $550M raise and hints at Southeast Asia expansion
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