View profile

Asia Tech Review: September 17 2018

Revue
 
Welcome back, This week is a double as I spent last weekend getting home from San Francisco -- where
 
September 17 · Issue #85 · View online
Asia Tech Review
Welcome back,
This week is a double as I spent last weekend getting home from San Francisco – where TechCrunch held our latest Disrupt event – so lots of links to navigate.
A few highlights:
🇨🇳 Google is truly kowtowing to Beijing with planned Chinese search engine
🌴 Jack Ma clarified his retirement plans (next year, not now)
💸 Nio and Meituan closed big ICOs, but with different results
🚫 Another major flaw was reported for India’s biometric ID service
Now, some housekeeping:
ATR On Twitter
I’ve had feedback that a number of subscribers are finding that the newsletter has ended up in their spam folder. That’s a frustrating and ongoing problem. All I can ask is that you mark emails that did up in spam as not being spam, but I also opened a Twitter account – @Asiatechreview – to let followers know when the newsletter is out. Follow along if you want, there won’t be a tonne of tweets but hopefully it can help.
You can also let me know in the ATR Telegram group – which btw you should join if you have the Telegram app.
Singapore Meetup
Finally – I’ll be in Singapore next week. Since there are a decent amount of ATR subscribers there, it seems like an opportunity to arrange an informal meetup… potentially on Thursday or Friday evening. If you are around and fancy a beer/wine/soda and some Asia tech talk, reply to this email and let me know. Assuming there are decent numbers, I’ll find a venue and time and let the RSVPers know.
That’s all for this week, see you again next Monday!
Jon

China
Google's planned China search engine will reportedly kowtow to Beijing in the worst ways
Alibaba's Jack Ma to retire next year
Meituan raises $4.2B in Hong Kong IPO
EV firm Nio makes bumpy start following $1B US IPO
Coffee startup Luckin inks Tencent deal to battle Starbucks-Aliaba
ByteDance to enter China’s long-form streaming video market
Didi reportedly lost $584M in first half of 2018
China's supreme court recognizes blockchain-based evidence as legally binding
Tencent to introduce real-name verification around games
Apple introduces iPhones with dual SIM trays only in China
Alibaba goes big on Russia with joint venture focused on gaming, shopping and more
Alibaba's Ant Financial reportedly tried to poach information and staff from Equifax
Goldman Sachs and Tencent lead $450M Ideal for fresh goods platform MissFresh
Hong Kong
Insurance startup OneDegree raises $25.5M
India
Major flaw exposed in India's biometric ID system
Tencent reportedly eyes invest in Swiggy
Samsung picks India for its largest mobile store in the world
GreyOrange raises $140M to develop fully-automated robotics for warehouses
Japan
Uber's taxi-booking app rolls out in Nagoya
Southeast Asia
Golden Gate Ventures closes new $100M fund
Hustle Fund closes $11.5M first fund
Grab expects to double revenue next year
Indonesian fintech startup Moka raises $24M led by Sequoia India
Facebook is opening its first data center in Asia
Fave raises $20M and adds mystery strategic investor from China
Tech In Asia is going to subscription mode
Recommended Reads
Must read on WhatsApp’s role spreading misinformation that incites lynchings in rural India link
Nobody seems to want to run Facebook’s business in India (wonder why…) link
How Reliance Jio changed mobile internet in India link
Didi’s overnight service suspension has made getting around China challenging link
North Korea’s IT ‘army’ is deceptively using global sites to get work and develop tech link
How loopholes let gamers in China get hold of banned titles link
The battle between Google and Facebook in India link
Bitmain’s newest competitor is a startup founded by its ex head of design link
One crypto post >> Olaf Carlson-Wee exemplifies the 'Genius or lucky?’ question for early movers link
Important read outside of tech >> A former capture tells of life in China’s Uyghurs 'adjustment’ camps link
Did you enjoy this issue?
If you don't want these updates anymore, please unsubscribe here
If you were forwarded this newsletter and you like it, you can subscribe here
Powered by Revue