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Asia Tech Review: November 19 2018

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Welcome back! Hello from Shenzhen, I had some problems getting into China last year but I've made it
 
November 19 · Issue #92 · View online
Asia Tech Review
Welcome back!
Hello from Shenzhen, I had some problems getting into China last year but I’ve made it over successfully for the latest TC event. I’m planning a little time in Hong Kong later this week, so if you’re in either place do let me know.
I’m pretty exhausted from travel so will keep this week’s intro short and sweet.
See you again next week!
Jon
♥️ ATR is totally free so share the love and spread word to friends who will enjoy it ♥️

China
Alibaba sets new Singles’ Day record with $31B in sales, but growth is slowing
Tencent returns to profit growth despite concern around games
SoftBank to reportedly invest in Chinese bike-sharing firm Hellobike
Head of Google's Beijing AI lab is leaving
NetEase raises $600M for its music streaming business
Baidu leads $300M investment to bring its search smarts to elevator ads
WeWork rival Ucommune raises $200M to go after international growth
Alibaba's on-demand online services business reportedly valued at $30B
Toutiao gets new CEO
The forgotten ‘Facebook of China’ is sold for $20M
Hong Kong
Canaan appears to pause $400m Hong Kong IPO
India
Flipkart CEO Binny Bansal resigns over allegations of ‘serious personal misconduct’
Visa reportedly buys minority stake that values Billdesk at $1.8B
Japan
Japan's cybersecurity chief says he has ”never used” a computer
Google is closing its Schaft bipedal robot unit
Korea
Southeast Asia
Netflix is testing a mobile-only subscription to make its service more affordable
Thailand proposes powerful cyber agency with license to spy on internet traffic
The Philippines charges journalist critical of Duterte
Crypto exchange KuCoin raises $20M
Indonesia's Telkom in talks to invest in Go-Jek
Disappointed with new compensation scheme ‘hundreds’ of Grab drivers say they’re migrating to Go-Jek
Interesting Reads
Great long read on Google and China link
Why fighting fake news on WhatsApp is so hard in India link
How Google’s traffic ended up being routed through China link
Alibaba made a smart screen to help blind people shop and it costs next to nothing link
How Walmart decided to oust an icon of India’s tech industry link
The fight among Netflix, Hotstar and Amazon Prime Video for booming market in ‘movie-mad’ India link
Inside’s JD.com’s connect grocery stores in China link
How will WhatsApp monetize? link
Amazon Go has a major rival in Japan link
Is Hong Kong still a refuge? link
Fascinating but tragic story on Foxconn’s resident poet who took his own life aged 24 link
Not tech but a great read: A lost history: how the Great War shaped Southeast Asia’s century link
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