Asia Tech Review: May 30 2016

Revue
 
Welcome back!This newsletter has been forced into an involuntary hiatus these last two weeks, but it'
 
May 30 · Issue #9 · View online
Asia Tech Review
Welcome back!
This newsletter has been forced into an involuntary hiatus these last two weeks, but it’s back with lots of updates from Asia, including:
🛰 Xiaomi’s first drone
🔬 An investigation into Alibaba’s accounting
💰 A huge new VC fund in Southeast Asia
🤐  Lots of reads on Chinese censorship
Thanks for continuing to subscribe and read!
Jon

China
Alibaba faces US accounting inquiry
Lenovo admits its Motorola business ‘has not met expectations’
Xiaomi unveils its first drone
Opera’s shareholders greenlight $1.2B sale to Chinese consortium
Tencent is reportedly buying SoftBank's stake in Supercell
Minecraft is launching in China
India
TinyOwl shuts operations in all cities except Mumbai
ClearTax raises $2M from Sequoia and Founders Fund
Budget devices from Datawind account for over one-quarter of Indian tablets
Japan
Sony climbs as games outlook makes up for earthquake damage
Korea
Samsung is building a wireless network dedicated to Internet Of Things
Southeast Asia
Report: Southeast Asia’s internet economy to grow to $200B by 2025
Facebook co-founder Eduardo Saverin’s new fund closes initial $140M for deals in Asia
UberEats makes its way to Asia -- first stop Singapore
Althea raises $3.5M to sell Korean beauty products online in Southeast Asia
Self-driving car startup NuTonomy raises $16M and targets autonomous taxis by 2018
Jirnexu lands $3M to expand to digital banking services
Interesting Reads
China’s science revolution link
China’s internet propaganda is more subtle and sophisticated than it ever has been link
China’s scary lesson to the world: Censoring the Internet works link
5 things you can get in India with a missed call link
Golden Gate Ventures and Wavemaker Partners are top investors in Southeast Asia link
Apple’s McDonald’s solution in India link
Interview with the man building Twitter’s data science team in Singapore link
WeChat’s global expansion has been a disaster link
Indonesia’s smartphone market tipped to reach $10B by 2017 link
That's All For Now, See You Next Week!
Say hi: jmarussell@gmail.com | @jonrussell | asiatechreview.com
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Carefully curated by Jon Russell with Revue.
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