diff --git a/ReactAndroid/gradle.properties b/ReactAndroid/gradle.properties
index 80fecfbd7da..f99a8aa64df 100644
--- a/ReactAndroid/gradle.properties
+++ b/ReactAndroid/gradle.properties
@@ -21,3 +21,5 @@ DOUBLE_CONVERSION_VERSION=1.1.6
 FOLLY_VERSION=2018.10.22.00
 GLOG_VERSION=0.3.5
 JSC_VERSION=236355.1.1
+
+android.enableR8=false
diff --git a/build.gradle b/build.gradle
index 080a3bb288f..57e76847d27 100644
--- a/build.gradle
+++ b/build.gradle
@@ -10,7 +10,7 @@ buildscript {
         jcenter()
     }
     dependencies {
-        classpath("com.android.tools.build:gradle:3.3.0")
+        classpath("com.android.tools.build:gradle:3.4.0")
         classpath("de.undercouch:gradle-download-task:3.4.3")
 
         // NOTE: Do not place your application dependencies here; they belong
diff --git a/react.gradle b/react.gradle
index 4ead2b6b5d1..f10a00bc9e1 100644
--- a/react.gradle
+++ b/react.gradle
@@ -146,6 +146,11 @@ afterEvaluate {
                 into ("merged_assets/${variant.name}/merge${targetName}Assets/out") {
                     from(jsBundleDir)
                 }
+
+                // Workaround for Android Gradle Plugin 3.4+ new asset directory
+                into ("merged_assets/${variant.name}/out") {
+                    from(jsBundleDir)
+                }
             }
 
             // mergeAssets must run first, as it clears the intermediates directory
diff --git a/template/android/build.gradle b/template/android/build.gradle
index d3890937609..3a1d305e5ba 100644
--- a/template/android/build.gradle
+++ b/template/android/build.gradle
@@ -13,7 +13,7 @@ buildscript {
         jcenter()
     }
     dependencies {
-        classpath 'com.android.tools.build:gradle:3.3.0'
+        classpath("com.android.tools.build:gradle:3.4.0")
 
         // NOTE: Do not place your application dependencies here; they belong
         // in the individual module build.gradle files