Who's Investing Where

From this week's issue of "Gary's Guide": Grab (SE Asia rival of Uber) raised $2 billion from Softbank & Didi.

Alibaba investing $1 billion in Lazada (Amazon of SE Asia) taking 83% stake.

WeWork investing $500M into SE Asia (& acquired Singapore-based Spacemob). 

Traveloka (Indonesia-based SE Asia travel startup) raised $400M from Expedia @ $2B valuation. Amazon Prime Now launched in Singapore (its first

Amazon Prime Now launched in Singapore (its first mkt in SE Asia). Bitcoin Cash soared to $700. Mars village simulation base in Qinghai (China). Singapore might regulate ICOs. Facebook TV coming

Bitcoin Cash soared to $700. Mars village simulation base in Qinghai (China). Singapore might regulate ICOs. Facebook TV coming

Singapore might regulate ICOs. Facebook TV coming mid August

Food for thought: In 2016, China's mobile payments hit $5.5 trillion, roughly 50 times the size of America's $112 billion market.  In Urban China Cash Is Rapidly Becoming Obsolete. See more on this in my recent Forbes piece: