Asia Tech Review: June 12 2017

Revue
 
Welcome back,Before the news, you may want to check coverage of the Wall Street Journal event in Hong
 
June 12 · Issue #41 · View online
Asia Tech Review
Welcome back,
Before the news, you may want to check coverage of the Wall Street Journal event in Hong Kong last week. Those interviewed include Baidu COO, and CEOs of JD.com, Kakao, Grab, Hike, Tokopedia and more.
This week’s story highlights include:
🚲 Ofo is raising more money at a now $3 billion valuation
🤖 SoftBank bought two pioneering robotics companies
🛌 Airbnb went legal in Japan
Catch you again next week for more!
Jon

China
Alibaba's massive business forecast literally made investors gasp
Bike-rental startup Ofo is raising $500M at a $3B valuation
Police find Apple customer data was sold illegally
Weibo blocked overseas users from posting media on Tiananmen anniversary
India
Google deepens engagement with Indian startups via Sand Hill program
Alibaba Pictures buys majority stake in TicketNew
Uber fires Asia head of rape victim's health records
India’s Supr Daily raises $1.5M to expand its milk and grocery delivery service
Japan
SoftBank is buying robotics firms Boston Dynamics and Schaft from Alphabet
Airbnb goes legal in Japan
Southeast Asia
Thailand’s Kasikorn Bank launches $30M fund for fintech
Moneysmart raises $10M led by Japan's Kakaku
Carsome raises $6M led by Gobi Partners
Interesting Reads
How Chinese smartphone companies are finding success overseas link
Google’s efforts to increase internet connectivity in India link
Weibo, “China’s Twitter,” is back from the dead link
A look at how LeEco has raised money through unconventional channels link
Interview with an anonymous Chinese media fixer link
Chinese companies are taking over Hong Kong link
ICYMI: Mary Meeker’s 2017 internet trends report is always a must-read link
Did you enjoy this issue?
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Carefully curated by Jon Russell with Revue.
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