FB Pixel no scriptKrASIA | Decoding China's tech and business pulse
MENU
KrASIA

Pulses

Zeekr to add 200 stores in 2025 expansion

1d
Yicai
Zeekr is adopting a partner-based agency model to reach lower-tier cities, complementing its direct sales network and aiming for 560 stores by year-end. The shift follows recent leadership changes and deeper channel integration with Lynk & Co, supporting a 320,000-unit sales target for 2025.

TSMC’s April revenue jumps 48% on chip rush

1d
Bloomberg
TSMC reported TWD 349.6 billion in April 2025 revenue, a 48% YoY surge driven by a rush to secure chips ahead of global tariffs. Demand from clients like Apple and Nvidia remained strong, particularly for AI chips. Analysts now expect Q2 revenue to exceed forecasts, though TSMC warned that currency strength could weigh on margins.

Pop Mart early backer sells entire stake

1d
The Paper
As its first RMB fund nears expiration, Borchid Capital sold its remaining 0.89% stake in Pop Mart for HKD 2.27 billion across three block trades. The firm had backed the company since 2010 and joined multiple funding rounds ahead of its 2020 IPO.

Xpeng AeroHT enters PC review phase

1d
Cailian Press
China's civil aviation authority has accepted Xpeng AeroHT’s application for a production certificate for its X3-F flying car. This follows earlier type certification progress and puts the firm on track for 2026 delivery, with a factory 70% complete.

Cainiao expands EU logistics for car parts

1d
36Kr
Alibaba's Cainiao has rolled out a one-stop logistics solution for exporting automotive parts, covering domestic pickup, trunk transport, overseas warehousing, and last-mile delivery. With dedicated warehouses in Madrid and Rotterdam, the network supports over 5,000 SKUs and serves both e-commerce buyers and 4S dealerships across more than 20 European countries.
See All

Icon for Editor’s PicksEditor’s Picks

Venture RoundupVenture Roundup

    • See All

    Automaker InsightsAutomaker Insights

    • See All

    Retail and CommerceRetail and Commerce

    • See All

    Icon for Casual ChroniclesCasual Chronicles

    Our EventsOur Events

    • See All