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Asia Tech Review: November 26 2018

Welcome back, I'm in Europe this week for another TechCrunch event -- Berlin -- which explains why th
November 26 · Issue #93 · View online
Asia Tech Review
Welcome back,
I’m in Europe this week for another TechCrunch event – Berlin – which explains why this newsletter is a little later than usual.
Speaking of keeping up with news, I’ve been experimenting with a Telegram news channel which has more real-time updates on stories and breaking news. If that sounds like something of interest, you can check it out here inside the Telegram mobile and desktop apps. There’s also a Telegram group chat right here.
That’s all for now, see you next week!
♥️ ATR is totally free so share the love and spread word to friends who will enjoy it ♥️

Meituan pares back bike sharing and ride-hailing services
BMW to offer ride-hailing services in China from December
Xiaomi reports $360M profit chief Richard Liu to shift focus after arrest
Beijing to judge every resident based on behavior by 2020
Geek+ raises $150M to build robots for warehouses and logistics
Tencent-Backed travel site raises $180M in Hong Kong IPO
Alibaba announces corporate reorganization
Walmart China is testing same-day grocery delivery via WeChat
Hong Kong
Tencent e-wallet follows Alibaba to Hong Kong subways
SoftBank’s Deepcore and accelerator Zeroth team up to hunt early-stage AI opportunities
SoftBank close to $450M investment in Delhivery
Wearable firm Goqii raises $30M
FreeCharge founder Kunal Shah's new venture targets consumers
WhatsApp appoints India head
Google expands Neighbourly Q&A app into 8 new cities
Coupang raises $2 billion from Vision Fund
Southeast Asia
Tokopedia is raising $1 billion
Cross-border fintech startup Instarem raises $20M for global expansion
500 Startups Vietnam grabs $14M to invest in local companies
BookMyShow joins Grab Ventures accelerator program
Google’s News Initiative heads to APAC with grants of up to $300K for media orgs
Interesting Reads
Twitter got itself into a big mess in India this week link
China’s AI push is supported by cheap labor link
Singapore is betting on a future of delivery drones link
Mobile networks are beating WiFi for speed in many parts of the world link
Google released its latest report on Southeast Asia’s digital economy link
ByteDance is serving up fake news once again, this time in India link
Even Alphabet’s chairman has a hard time figuring out why Google wants to re-enter China link
China banned VPNs, but more than half of the world’s most popular VPNs are run by Chinese companies link
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