Asia Tech Review: March 27 2017

Revue
 
Welcome back to another week of Asia tech news,While a departure may not seen like big news, Andrew N
 
March 27 · Issue #36 · View online
Asia Tech Review
Welcome back to another week of Asia tech news,
While a departure may not seen like big news, Andrew Ng’s exit from Baidu plays into a number of themes developing in China. Not only is Ng a big loss for Baidu’s ongoing artificial intelligence research, which he helmed, but his exit suggests that Chinese firms are not evenly matched with their US peers when it comes to attracting the world’s best talent, recall Hugo Barra recently swapped Xiaomi for Facebook. On another thread, China is also struggling to draw in top talent in AI, critical for developing cutting-edge products, training new talent and hiring more staff, too. 
This week’s emails includes links to Wall Street Journal and New York Times articles exploring these topics in more detail. There’s also news of a big round of funding for Kuaishou, China’s hot live-streaming app, while Airbnb got a new name in China, Amazon delayed its entry into Southeast Asia, and Myanmar is set to become the latest battleground between Uber and Grab – which is reportedly raising more money.
See you next week!
Jon

China
Tencent Leads $350M round for photo sharing/video streaming app Kuaishou
Airbnb doubles down on China with new local branding
Window 10 now ready for government usage in China
Andrew Ng, Baidu's head of AI, is leaving
Ant Financial still confident of closing MoneyGram deal
Mobike introduces red envelope incentives
Why Apple's red iPhone doesn't include branding for AIDS charity (RED)
Apples wins iPhone court ruling
India
Uber is apparently reviewing its leasing scheme in India
BlackBuck closes $70M to digitize freight and logistics across India
Japan
SoftBank reportedly invests $300 million in WeWork
SoftBank’s self-driving bus project pulls in $4.6M
Korea
LG is finally launching its mobile payment system
Southeast Asia
Grab is reportedly raising $1.5 billion more
Amazon delays its entry into Southeast Asia
Uber and Grab are bringing Southeast Asia’s taxi on-demand war to Myanmar
Singapore’s Carro lands $12M to expand its auto listings business to vehicle financing
Interesting Reads
Profile of Jack Ma, touching on Alibaba’s global ambitions as well as its history link
China is struggling on AI talent link
US startups are raising money from Chinese investors with government links and that’s worrying US defense leaders link
After offering high salaries and then making layoffs, India’s unicorns have made it tough for startups to hire link
Alibaba gets serious in Southeast Asia in preparation for battle with Amazon link
A look inside Facebook’s offices in India link
New report on censorship in Thailand: blocking of URLs varies between ISPs/operators link
Indonesia could issue at fatwa on fake news link
TechCrunch’s head of digital explains how we work with social media link
And finally… Meet the ex-nightclub owner who went from cleaning floors at Wendy’s to curing his own prosciutto in Yangon. Myanmar link
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Carefully curated by Jon Russell with Revue.
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