Asia Tech Review: November 6 2017

Revue
 
Welcome back and hello November,Last week was a busy one in Asia with earnings for a number of top co
 
November 6 · Issue #52 · View online
Asia Tech Review
Welcome back and hello November,
Last week was a busy one in Asia with earnings for a number of top companies including Alibaba, Sony, Samsung and Apple, which always has a lot at stake in China.
Elsewhere, Grab took its payment service to third parties for the first time, Alibaba made a number of strategic investments, Paytm entered India’s mobile messaging space and Sony rebooted its Aibo robot dog with AI smarts.
There’s plenty more beyond that to catch up again once again.
See you again next week!
Jon

China
Facial recognition tech maker raises $460M from Russian backers
Apple’s revenues in China are growing again
Alibaba had another huge quarter
Didi Chuxing plans to build electric-vehicle charging stations across China
Alibaba leads $335M investment in car sales site Souche
Open source database startup MariaDB confirms $27M investment led by Alibaba
Tesla to begin production in China in 3 years
Apple's Cook, Facebook's Zuckerberg meet China's Xi in Beijing
Hong Kong
Razer to raise up to $550M in Hong Kong IPO
India
Paytm launches messaging features
Japan
Sony profits rise 346% thanks to strong performance from PlayStation
Sony reboots Aibo
Korea
Samsung's chips push it to record profits
Southeast Asia
Grab is now officially also a digital payments company
China’s JD.com leads $19M investment in online fashion brand Pomelo
Singapore's Broadcom plans to move back to the US
Recommended Reads
Censorship in Southeast Asia’s fast-growing internet market link
Argument that Apple’s strategy in India is paying off despite low marketshare (while it is making I’m not quite so convinced the steps are so grand) link
“American tech giants need to rethink their relationship with China. Now.” link
Alibaba’s latest earnings suggest it can handle the pricey push into groceries and supermarkets link
See you next week
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Carefully curated by Jon Russell with Revue.
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