Asia Tech Review: August 7 2017

Revue
 
Welcome back!Hard to believe we are in August already, January 1 2017 seems like just yesterday and n
 
August 7 · Issue #47 · View online
Asia Tech Review
Welcome back!
Hard to believe we are in August already, January 1 2017 seems like just yesterday and now we are firmly in summer. Of course the news continues to flow, with Southeast Asia in particular starting to heat up.
Top highlights from this week:
🌮 Baidu may offload its billion-dollar food delivery business
☠️ Flipkart’s acquisition of Snapdeal is officially dead
🏢 WeWork is investing $500M into Southeast Asia and South Korea
In response to recent feedback from users, if you want to spread word of this newsletter to interested friends or colleagues, you can send them to sign up at asiatechreview.com. I don’t promote this newsletter very heavily, but still it is always satisfying to see new people register and get value from it.
See you again next week,
Jon

China
Baidu may sell unprofitable food delivery business to Alibaba-backed Ele.me
Didi invests in Taxify, an Uber rival operating in Europe and Africa
Snap is in talks to buy selfie drone maker Zero Zero Robotics for $150M-$200M
Tim Cook’s explanation of why some VPN apps were pulled in China
Report: Xiaomi is world’s top wearable maker for first time as Fitbit sales slide
Chinese smartphone makers closing the gap on Apple and Samsung
Tmall invests $300M into fresh produce platforn Yiguo.com
Hong Kong & Taiwan
Gobee Bike raises $9M to take on China’s bike-sharing unicorns worldwide
Asian live-streaming service M17 raises $40M for expansion
India
Flipkart's acquisition of Snapdeal is dead
Paytm is moving into messaging
Reliance JioPhone might get WhatsApp tailored for it
SAIF Partners closes new $350M fund for India’s resurgent tech startup scene | TechCrunch
Japan
Small business loan platform Kabbage nabs $250M from Softbank
Korea
LG's next OLED phone is just as big, but not flexible
Southeast Asia
Uber knowingly leased unsafe cars to drivers in Singapore
WeWork is investing $500 million into Southeast Asia and South Korea
Singapore says it may regulate some ICOs
Line is launching a taxi-booking service to rival Uber in Thailand
Google and Twitter promise to crack down on terror-related content in Indonesia
Sequoia's Yinglan Tan has left to start his own VC firm
Interesting Reads
How China uses the internet to manipulate its population link
Related: All the words Chinese censors have banned online link
China’s internet censors and their cat-mouse game link
Indian IT giant Infosys is making a big push into Europe link
The latest on the prosecution of Samsung’s future leader, who may face 12 years in prison link
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Carefully curated by Jon Russell with Revue.
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