Silicon Dragon News – mid-February, 2015

 Baidu’s Chinese New Year heat map tracking the large annual migration from Beijing, Shanghai and Shenzen in real time.

Happy Chinese New Year!




Robin Li channels Liberace at Baidu’s 15th anniversary gala.

What is it with China’s tech lords?
Join Baidu – see Robin Li play the drums. The perks of joining a Chinese internet firm.
China Internet search leader Robin Li’s fortune drops $1.8 billion as Baidu shares plunge 
In the first six weeks of 2015, China hatched about two dozen billionaires, many riding IPO wave


Leading taxi apps Kuaidi and Didi in $6 billion merger to counter Uber’s advance in China


LinkedIn’s China bet starts paying off with increase in users 


Tesla’s Elon Musk ready to fire execs over weak China sales – just 120 of the luxury electric cars last month. Could put dent in Tesla’s global ambitions.


Apple’s digital personal assistant Siri got a new competitor from ZTE: “Hello, World! I’m from China!”


Behind Alibaba’s $590 million bet on smartphones
Chairman of ludicrously valued, Netsun, aka “the other Hangzhou-based e-commerce company,” now a billionaire.

Under Lenovo’s ownership, Motorola appears to have gotten its mojo back.


Chinese company Hanergy plans to release solar powered cars later this year.


Taiwan’s National Development Council will invest $83 million in four venture capital funds, including 500 Startups and TransLink Capital


Inside China’s bitcoin mine that’s making $1.5 million per month from a repurposed factory in Liaoning province.


A reality check on Alibaba‘s drone delivery test in China


Made in China’ Is Increasingly Becoming ‘Made in USA’


China Rising: How four giants are revolutionizing China’s homegrown film business.


Tech clouds over China: entrepreneurs, customers, cloud computing


Silicon Valley

Red-hot startup Fab raised $330 million and then went bust. Now, PCH International is set to buy the company for a mere $15 million. Deal could close this month.


August Capital, a CA-based venture capital firm, has closed its seventh fund at $450 million and is in search of great entrepreneurs.

The new white flight: in Apple’s hometown, parents flee schools that are “too Asian” – too academically driven



India startups raised $700 million + in 1 week


Jack Ma’s Indian sojourn into e-commerce begins with Alibaba affiliate Ant Financial Services acquiring a 25% stake in mobile payment ecosystem Paytm, run by One97. Alibaba co-founder Peng Lei is joining the board of Paytm.


India-based mobile news aggregator raises $50 million from NY hedge fund Falcon Edge Capital, Matrix Partners, Sequoia Capital and Omidyar Network. The new financing follows $18 million in October for the startup positioned for Indian-language mobile users.


Location-based SEO enabler NowFloats in Hyderabad raises Series A funding led by Omidyar Network.


India outgrew China last year if you believe the new statistics.











What happened to the ‘10000 Cr startup fund’ announced by Government of India


Indian billionaire amongst secret buyers of NYC real estate 


The Bumpy Ride for Deep Kalra’s MakeMyTrip Web Operation
India’s high-touch digital ecosystem “We have1200 open positions at Zomato right now”
How smartphone brands you’ve never heard of are taking over India and China

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