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Asia Tech Review: March 5 2018

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Welcome back, Lots of public market news this week including US listings for Chinese video platforms
 
March 5 · Issue #64 · View online
Asia Tech Review
Welcome back,
Lots of public market news this week including US listings for Chinese video platforms iQiyi and Bilibili, and new details on rumored IPOs for NIO, Xiaomi and Tencent Music. Sea in Southeast Asia also had a notable quarter, but not for positive reasons.
Mobile World Congress took place this week – without much fanfare – while Chinese censors have been busy scrubbing the web following the move to abolish two-term restrictions on the presidency, too.
See you again here next week, or in the Telegram chat before then: https://t.me/asiatechreview
Jon

China
China is charging an activist for a message sent on WhatsApp
China censorship after Xi Jinping presidency extension proposal
China is raising $31.5B for chip company investments
Alibaba plans to take full ownership food delivery service Ele.me
Used car marketplace Chehaoduo raises $818M led by Tencent
Anime video portal Bilibili files for $400M US IPO
JD.com's shares slide as investments eat into profits
China issues first licenses to road test driverless vehicles
Baidu’s iQiyi to raise up to $1.5B in US IPO
NIO is reportedly planning a $2B US IPO
Xiaomi may pursue dual China-Hong Kong listing
Qihoo 360 goes public in reverse China listing
Tencent Music, Spotify’s strategic partner in China, is valued at over $12B
Tencent to introduce video game contracts for parents and children
India
Streaming service Gaana raises $115M led by Tencent
Amazon Music launches in India as part of Prime
Japan
eBay buys Qoo10 Japan for a reported $700M
Rakuten to launch its own cryptocurrency
Toyota invests $2.8B on JV to develop autonomous car software
Southeast Asia
Indonesia's Go-Jek reportedly raises $1.5 billion
Sea announces wider-than-expected loss
Microsoft signs first renewable energy deal in Asia with Singapore-based Sunseap
Singapore explores rules to protect investors in cryptocurrencies
Alibaba picks Singapore for first AI research institute outside China
Interesting Reads
A wrap-up of what happened at Mobile World Congress this year link
China is reportedly using big data to detain people before crime is committed link
Twitter is seeing success, and revenue growth, in Japan link
On Uber battling rivals also funded by SoftBank link
Many Korean people blindly put more into crypto and have lost most of their investment link
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