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From Flipkart's $1.4 bn funding to Uber scandal: Your weekly tech update

Also, Google launches a new food delivery and home services app in India, reports Tech in Asia

From Flipkart's $1.4 bn funding to Uber scandal: Your weekly tech update
Annie Teh | Tech in Asia
Last Updated : Apr 17 2017 | 11:13 AM IST
Jack Ma’s VC firm invests in his own company and Flipkart’s latest round may change India’s ecommerce scene as we know it. When will the Uber scandals end?!

Here’s a snapshot of last weeks’ news in sentences:

Remember Uber’s “God View”? Well, they also had a secret software that tracked the location of Lyft’s drivers; codename “Hell”. (Amir Efrati / The Information [Paywall])(James Vincent / The Verge)

Riding off Uber’s bad press, Lyft raises $600M at $7.5B valuation. The Uber rival saw a 60 percent week-on-week increase in new user registration following the #DeleteUber campaign. (Darrell Etherington / Techcrunch)

Amidst waves of scandal, Uber head of comms quits. Her replacement — an ex-Googler with a political communications background. (Kara Swisher / Recode)

For a moment, Tesla became the most valuable automobile company, overtaking General Motors in market cap for a day. Electric car naysayers have been schooled. (Tim Higgins / Wall Street Journal)

While people are hoping H1B visa restrictions will bring talents home to India, Indian tech billionaires are suffering as tech stocks plummet. (Saritha Rai / Bloomberg)

India gets shiny new stuff

Flipkart raises its biggest round of $1.4 billion from Tencent, eBay, and Microsoft.What does this mean for India’s ecommerce industry? (Malavika Velayanikal / Tech in Asia)

Google launches a new food delivery and home services app in India, collaborating with local startups UrbanClap, FreshMenu, and Faasos. (Malavika Velayanikal / Tech in Asia)

Amazon gets the green light to launch their e-wallet in India, strengthening their claim on the market. (Malavika Velayanikal / Tech in Asia)

eBay officially bows out of India. The company’s India business merges with Flipkart in exchange for equity. (Sumit Chakraberty / Tech in Asia)

This is an excerpt from the article published on Tech In Asia. You can read the full article here
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