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Asia Tech Review: May 10 2016

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Welcome back!We're a little later than usual this week since I'm in New York for TechCrunch Disrupt
 
May 10 · Issue #8 · View online
Asia Tech Review
Welcome back!
We’re a little later than usual this week since I’m in New York for TechCrunch Disrupt where I’m also handling an 11-hour time difference and a little jet lag for good measure. There’s plenty of news, but not so many long reads as – to be honest – I just haven’t had the time to read a lot.
Thanks for continuing to subscribe and read!
Jon

China
Reliance on China health sector raises searching questions for Baidu
Lenovo is launching a new $500 million startup fund
Alibaba earnings: strong at the core, but side bets hurt
Alibaba’s Hong Kong fund makes first investments
Uber’s partnership with Alipay goes global
India
India reportedly rejects Apple's plan to sell refurbished iPhones
Zomato defends itself after HSBC says its valuation is only half a unicorn
Data suggests Uber is trailing far behind rival Ola in India
Consumer wallet firm MobiKwik lands $50M
Google launches carrier billing in India
Japan
HTC revenue falls 64% to $460M in Q1
Southeast Asia
Indonesia's Orami is raising more money
Grab hires its first CFO
Former Grabtaxi CTO sues firm over shares
Facebook opens an office in Malaysia
Ensogo lays off half of its team
Interesting Reads
China’s state media are huge on Facebook because they are paying for fans and users link
A Western intern’s experience at a startup in India link
How the New York Times is fighting China’s censorship organ link
North Korea expelled a BBC journalist for “speaking very ill of the system” link
That's All For Now, See You Next Week!
Say hi: jmarussell@gmail.com | @jonrussell | asiatechreview.com
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