Uber Proves Going Local and

Joining with Baidu in China Works   
   

Uber China's manger Candice Lo with Lawrence Morgan of Nest.vc

Not too many U.S. tech companies have been successful in China, but Uber could be setting some new standards, and in a highly competitive marketplace driven by China's tech titans.

China has become a priority market for the car-hailing app startup, which has expanded quickly to 56 countries and more than 300 markets since its start in San Francisco six years ago.

"China has far exceeded our wildest dreams," Uber's China expansion manager Candice Lo noted at the recent Silicon Dragon forum in Hong Kong.  "It's a highly competitive market, but a huge opportunity."

See Silicon Dragon video spotlight:

Uber at Silicon Dragon.

Quixey Goes After Mobile Search Market In China And India  

Silicon Dragon HK 2015: Guru Gowrappan of Quixey gears up Quixey in Asia's fast growth markets.

Quixey COO Guru Gowrappan is in the spotlight at Silicon Dragon's annual event at Cyberport in Hong Kong as he chats with KPMG's Anson Bailey about how the mobile search startup is scaling up in Asia, with a boost from its investor Alibaba.

See Silicon Dragon's Forbes post on Quixey strategy.

Debate over whether Hong Kong startups have the juice to break through on the global stage dominated talk during the dealmaker panel at Silicon Dragon HK 2015.

See video:

Silicon Dragon Dealmakers Debate Hong Kong's Oomph.   
 

 

That same week, Hong Kong startups got a boost from a new $6 million seed investment fund from the government-backed Hong Kong Science & Technology Parks.

Read Forbes post: New Science Park Fund for Startups. 

 

Out-Takes From Silicon Dragon Hong Kong 2015  

Check out the action at Silicon Dragon's annual event at Cyberport here. Click on videos of each session and see who's who in photos, here.

William Bao Bean, Bay MacLauglin, Ben Qiu Anson Bailey, Candice Lo, Guru Gowrappan   Silicon Dragon HK's Dealmaker Panelists William Bao Bean, Bay MacLaughlin, Ben Qiu, Rui Ma, Alan Chan and Tak Lo

William Bao Bean with DK Kim.

 

STARTUP ASIA NEWS

CHINA

China Promotes Startups to Boost Job Creation as Economy Slows http://bloom.bg/1DMnNU9 

OmniVision to be bought by Chinese investors in $1.9 billion deal http://reut.rs/1DMnuZB 

China emerges as a global innovator http://on.ft.com/1I2aSFm 

Baidu Posts Soft Guidance as Profit Falls http://on.wsj.com/1EEe7jK 

Alibaba Secretly Invested In Amazon Challenger Jet(dot)com http://onforb.es/1P7Xj6m  

China's Tencent to buy 14.6 percent stake in Glu Mobile http://reut.rs/1P7Xq1D 

Are You OK? Xiaomi CEO's Awkward English Goes Viral, Sparks Debate http://on.wsj.com/1EPvSyw  

As China tech M&A heats up, boutique advisers steal big banks' thunder http://reut.rs/1GFBJGW 

NY Times Links China's Second Richest Man To Families Of Senior Chinese Leaders http://onforb.es/1GFC78r 

Tencent takes on Alibaba, Xiaomi with open smart hardware operating system http://reut.rs/1dnsXkv

Ticket Booking Startup Beijing Weiying Raises $105M From Investors Including Tencent for WeChat http://tcrn.ch/1DRWUP9

Xiaomi Fever's New Frontier: Real Estate? http://onforb.es/1A4IOJv 

 China's Young Leave State Ranks to Chase Riches at Tech Startups http://bloom.bg/1HJ2mcD

INDIA 

Alibaba Eyes India Mobile Market With Micromax

http://bit.ly/1ELDIGo 

India's Craftsvilla, An Etsy-Like Marketplace For Ethnic Products, Raises $18 million from Sequoia Capital India, Nexus Venture, Lightspeed and Global Founders  http://ow.ly/2XS4BP 

Helion Venture Plans $300 million technology fund

http://bit.ly/1FL2ZCF 

How Helion Venture Raised $300 million

http://bit.ly/1bsy7u1 

Internet first restaurant SpoonJoy raises $1M series A funding from SAIF Partners http://ift.tt/1JWMPoH 

Foodpanda raises $100M in funding led by Goldman Sachs, taking the total to $310 million http://ift.tt/1JdKSnM 

TravelTriangle Raises $8 million From Bessemer & SAIF http://ift.tt/1I0vC0d  

Bangalore-based ticketing platform IndianStage got acquired by Explara http://ift.tt/1DDXT58 

Flipkart Acquires Mobile Startup Appiterate http://ift.tt/1JazM2O

 Tracxn raises $3.5 million from SAIF partners, to expand from 30 to 150 analysts http://ift.tt/1GGqe1V