Asia Tech Review: January 8 2018

Revue
 
Welcome back,The first full week of the year is under our belts. Right now, CES is the main event in
 
January 9 · Issue #57 · View online
Asia Tech Review
Welcome back,
The first full week of the year is under our belts. Right now, CES is the main event in the tech world, while it is held in Vegas it is usually very popular with Asian companies, and in particular hardware firms, so that’ll be where most of the attention is over the next few days.
Already 2018 has seen some major news stories: Didi made its first global expansion (into Brazil via an acquisition), Alibaba’s $1.2 billion MoneyGram acquisition fell apart and India’s Aadhaar ID system was compromised. And let’s not even get into the crypto…
See you next week, or in the Telegram group here: https://t.me/asiatechreview
Jon

China
Didi's global expansion begins in Brazil
US Government blocks MoneyGram’s $1.2B sale to Alibaba’s Ant Financial
Chinese startups raised record $58.8B in 2017
BBC's China editor quits over gender pay gap
China wants an “orderly exit” from bitcoin mining
JD next to enter smart supermarkets following Alibaba
DJI did $2.7 billion in revenue in 2017
Toutiao moves into payments with purchase of payment agency Ulpay
WeChat adds instant games
Of course China’s forgotten social network is doing an ICO
India
India's national ID database was reportedly breached
Alibaba, Tencent, SoftBank and Naspers are carving up India's top companies
Southeast Asia
Malaysia’s Dahmakan lands $2.6M
Interesting Reads
Chinese internet users are rebelling against lack of privacy and data-driven rankings link
Alibaba-MoneyGram collapse marks an end to US-China dealmaking link
Hong Kong is increasingly a startup IPO destination link
Chinese drug companies are developing innovative drugs for the US link
What Tencent left out when it denied spying on you over WeChat link
Profile of popular news service Toutiao, which found itself caught up in the crosshairs of China’s internet censors link
How WeWork aims to tackle Southeast Asia link
See you next week
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