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

News

Meituan’s overseas push steadies investors despite second consecutive loss

5 mins read

Pulses

Tencent Cloud hikes AI pricing by 5%

just now
IT Zhijia
Tencent Cloud will raise prices for AI computing, container services, and Elastic MapReduce by 5% from May 9, citing rising hardware costs and surging demand, in line with similar moves by Alibaba Cloud and Baidu.

ByteDance unveils Seeduplex model

just now
ByteDance
ByteDance has launched Seeduplex, a voice model built on a full-duplex framework, designed to cut error interruptions and enable more natural dialogue with real-time listening and response.

WeChat cracks down on AI-generated content

just now
IT Zhijia
WeChat has begun deleting articles flagged as “non-human automated content” after banning AI-generated and scripted publishing, with violations facing content removal and account penalties.

DeepSeek V4 enters testing phase

just now
Jiemian News
DeepSeek has begun limited testing of its V4 model, introducing fast, expert, and vision modes, signaling a tiered approach combining lightweight and multimodal capabilities.

MiniMax launches MMX-CLI for agents

just now
IT Zhijia
MiniMax has launched MMX-CLI, a command-line tool for AI agents that enables native access to its multimodal models and supports automated workflows from content generation to video production.

BYD’s Sea Lion 8 set for Beijing debut

just now
IT Zhijia
BYD has announced it will debut the Sea Lion 08 SUV at this year's Beijing Auto Show, expanding its Ocean series lineup with a new high-end model.

CK Hutchison unit sues Maersk

just now
Nikkei Asia
CK Hutchison’s Panama Ports Company has launched arbitration against Maersk, alleging breach of contract over canal port operations, with related claims tied to a broader dispute exceeding USD 2 billion.

Xiaohongshu merchants see GMV surge

just now
36Kr
Xiaohongshu unveiled its NPL (notes, people, live streaming) commerce framework and said top merchants posted over 2.6-fold GMV growth in 2025, with 39 million users generating daily purchase demand.

GAC Aion launches RT Super

just now
IT Zhijia
GAC Aion has launched the RT Super sedan with battery swapping, priced from RMB 88,800 under a leasing plan, offering up to 650 kilometers of range and 99-second swaps via CATL stations.

Rokid denies imminent IPO plans

just now
The Paper
Rokid is said to be considering a Hong Kong IPO filing, following its recent corporate restructuring, while founder Misa Zhu said the changes were not tied to listing plans.

Taobao restricts non-standard shipping

just now
IT Zhijia
Taobao will limit sellers’ use of “other logistics” shipping options from April 20, restricting it mainly to bulky goods and enforcing penalties for misuse to address delivery issues.

Nio to unveil flagship ES9 SUV

just now
iFanr
Nio is set to launch its flagship ES9 SUV with dual motors, 520 kilowatts of output, up to 620 kilometers of range, and triple LiDAR-based assisted driving, targeting the premium segment at around RMB 400,000–450,000.

Xiaomi to launch six new power banks

just now
IT Zhijia
Xiaomi plans to release six upgraded power banks compliant with new national safety standards, including stricter battery protections and lifecycle requirements ahead of implementation in 2027.

Sigenergy targets April 16 listing

just now
TMTPost
Sigenergy has launched its Hong Kong IPO, offering shares at HKD 324.2 with a planned April 16 listing, backed by global investors, after revenue surged from RMB 58 million to RMB 9 billion in two years.

JD, Meituan restrict external AI tools

just now
IT Zhijia
JD.com has begun blocking employee access to external AI tools, redirecting usage to its in-house models, while Meituan requires approval for use of Alibaba’s Qwen and promotes its own LongCat model internally.

Rein Hytec halts IPO guidance

just now
Jiemian News
Zhejiang-registered Rein Hytec has terminated its IPO guidance process with Guotai Haitong and Orient Securities after eight phases, citing strategic and capital planning considerations.

Gong Cha sale talks revive at higher value

just now
TMTPost
TA Associates has launched a sale process for Gong Cha that could value the tea chain at USD 2 billion, up from about USD 288 million in 2019, as growth shifts to its network of more than 2,200 stores across 30 markets.

TikTok invests in Finland data center

just now
TikTok
TikTok will invest EUR 1 billion in a data center in Lahti, Finland, its second in the country, as part of its EUR 12 billion project to localize storage and strengthen protections for European user data.

Zhipu launches GLM-5.1 open model

just now
IT Zhijia
Zhipu, also known as Z.ai, has launched its open-source GLM-5.1 model with up to eight hours of sustained task execution and raised prices by 10%, saying it surpassed Claude Opus 4.6 on the SWE-Bench Pro benchmark.

ByteDance buys Beijing R&D site

just now
IT Zhijia
ByteDance has acquired a Beijing R&D land parcel for RMB 3.305 billion, with construction scheduled from 2027–2030, expanding its presence in the capital’s Haidian tech cluster.
See All

Big TechBig Tech

  • Features

    After OpenClaw, this company aims to build “vibe hardware” powered by AI agents

    9 mins read
    • See All

    AutomotivesAutomotives

    • The luxury NEV maker has now been profitable for two consecutive years, signaling more stable footing in a competitive market.

      News

      Seres delivers strong 2025 results, eyes path to become China’s answer to Mercedes-Benz and BMW

      3 mins read

    Retail and CommerceRetail and Commerce

    Market NewsMarket News

    • See All

    Listings (IPO)Listings (IPO)

    • See All

    Earnings ReportsEarnings Reports

    • See All

    Icon for Editor’s PicksEditor’s Picks

    Insights

    China’s coffee market splits in two as Luckin moves upmarket and Mixue digs deeper

    Luckin’s latest acquisition and Mixue’s coffee trials point to a widening split in strategy.

    7 mins read

    APAC SpotlightAPAC Spotlight

    MENA WatchMENA Watch

    Venture RoundupVenture Roundup

    • See All