Asia Tech Review: July 04 2016

Revue
 
Welcome back!First off, an apology: there was no email last week for a couple of reasons -- firstly T
 
July 4 · Issue #12 · View online
Asia Tech Review
Welcome back!
First off, an apology: there was no email last week for a couple of reasons – firstly TechCrunch Shanghai happened (a great event, complete with Silicon Valley controversy) and secondly my laptop broke down… not so notable.
I’ve been largely traveling and meeting people this week, so this email is a little lighter than usual but I hope to have plenty of interesting story for TechCrunch very soon.
Thanks for continuing to subscribe!
Jon

China
Alibaba steps up anti-counterfeit push
China tightens rules for search engine advertising
Tencent buys Supercell stake from SoftBank for $86.B
Revenue from online video subscriptions in China doubles inside a year
Huawei is reportedly working on its own version of Android
Bitcoin payment firm Circle lands $60M from investors including Baidu
Walmart has given up on becoming an e-commerce giant in China
India
Uber and Ola spar over ‘nationalism’ charge
India’s FarEye lands $3.5M to make e-commerce logistics more efficient
Japan
Nikesh Arora resigns from SoftBank
Southeast Asia
Ardent Capital transfers its portfolio to Wavemaker
Ant Financial to buy 20% of Thailand's Ascend Money
Android Pay launches in Singapore, first market in Asia
Upheaval in SingPost as CEO, COO, and CFO resigned
BlackBerry focuses BBM on Indonesia
Interesting Reads
Xiaomi is under pressure to justify its colossal $45B valuation link
ZTE is placing big bets on virtual reality and video link
Huawei is investing in patents to challenge Apple and others worldwide link
How China took center stage in bitcoin’s civil war link
Nikesh Arora on why he quit SoftBank link
Four theories on why e-commerce firm Ensogo crashed and burned link
Hong Kong Bookseller Describes His Abduction, Detention in Mainland China link
That's All For Now, See You Next Week!
Say hi: jmarussell@gmail.com | @jonrussell | asiatechreview.com
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