Asia Tech Review: March 13 2017

Revue
 
Welcome back,This week's biggest story was outside of this newsletter's usual remit -- Korean Preside
 
March 13 · Issue #34 · View online
Asia Tech Review
Welcome back,
This week’s biggest story was outside of this newsletter’s usual remit – Korean President Park was impeached – but notable updates from the tech space included Didi’s new US R&D lab, Samsung Pay’s arrival in India and the launch of a new fintech fund in Southeast Asia.
A few of the stories listed in the longer reads section this week came from i18n, an excellent media-focused newsletter with a global twist from BuzzFeed’s head of International Scott Lamb. Well worth subscribing to.
See you next week,
Jon

China
Didi opens self-driving lab in the US with famed Jeep hacker Charlie Miller
Tencent reportedly seeking $2 billion loan
Baidu's Deep Voice can quickly synthesize realistic human speech
India
Samsung Pay goes live in India, works with Paytm wallet too
India's Flipkart looking to raise $1 billion in latest funding round
Korea
Financial services startup Toss lands $48M from PayPal and Silicon Valley investors
Kakao Pay further extends bank account transfer service
Southeast Asia
iflix raises $90M to expand its Netflix alternative to more emerging markets
Dymon Asia announces first close of $50M fintech fund
Go-Jek introduces peer-to-peer credit transfers
Coconuts hires former Phnom Penh Post editor in drive to increase 'hard-hitting' news stories
UberX rides into problems in Thailand and Hong Kong
KFit continues its pivot to e-commerce with acquisition of Groupon Singapore
Interesting Reads
It’s Alibaba versus Amazon in India’s e-commerce market link
China’s tech giants are pouring billions into US startups link
Flipkart wants to hire back old hands to turn its fortunes around link
Good recap of the friendship/business links between Jack Ma, Masayoshi Son and Foxconn’s Terry Gou link
Baidu CEO says China will welcome all types of entrepreneurs link
Great story on a rural journalist in India whose WhatsApp channel for local reporting has attracted 8,000 subscribers link
I wrote about The Ken, an ambitious new media company pioneering subscription-based business journalism in India link
WhatsApp co-founder: ‘Next Google or Facebook could be from India’ link
How four international news sites are embracing new technology for storytelling link
China’s fast-growing bike rental startups are now subject to scammers link
Fake goods sold on Alibaba are hurting US small businesses link
And finally: Radioactive boars in Fukushima are thwarting residents’ plans to return home link
Did you enjoy this issue?
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Carefully curated by Jon Russell with Revue.
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