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Asia Tech Review: June 5 2017

Welcome back, We're returning after a couple of weeks without an Asia Tech Review -- apologies for th
June 5 · Issue #40 · View online
Asia Tech Review
Welcome back,
We’re returning after a couple of weeks without an Asia Tech Review – apologies for that – but there’s hopefully plenty in this edition to keep you busy and well read this Monday.
News highlights from the past week (or so) include:
😵 China’s new cybersecurity law is confusing
📈 Garena, now Sea, filed for a billion dollar IPO
🚀 The phenomenal rise of Paytm explained
See you next week,

China’s new cybersecurity law leaves foreign firms guessing
Alibaba and Ant Financial to lead $1B investment in food delivery startup
Education startup Yuanfudao raises $120m at $1 billion valuation
Snapdeal lands $17M in 'emergency' funding
Magicpin raises $7M to connect consumers and local businesses
Naspers leads $80M round for food delivery startup Swiggy
Acko is an ambitious digital play to disrupt India’s $10B insurance industry
LG launches mobile payment service in Korea
Southeast Asia
Sea, formerly Garena, files for US IPO
Vietnamese gaming firm VNG eyes US IPO
Spotify is launching in Vietnam and Thailand
GREE Ventures closes $67M fund for deals in Japan, India and Southeast Asia
Naspers pours $5M into fintech startup Coins
Interesting Reads
How Paytm rose to become India’s second largest tech startup link
Bike-sharing startups are taking business from ride-hailing services in China link
Why QR codes are the key factor for China’s booming mobile payment industry link
Retired Japanese housewives are among those profiting from bitcoin’s boom link
Is China outsmarting America in AI? link
Key takeaways from Google’s AlphaGo beating the world’s best Go player link
The state of censorship in Indonesia link
Behind India’s push to go green link
Meanwhile in Brazil, WhatsApp has a fake news problem link
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