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36Kr (EN)

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

Xiaomi

What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

Artificial Intelligence

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

How is the way we move evolving? Explore developments in autonomous transportation, electric vehicles, and more efficient urban transit.

Mobility

What fits the world in your pocket? Track device innovation, OS ecosystems, and connectivity shaping smartphone usage.

Smartphones

CEO Lei Jun also presented Xiaomi's first-ever foldable phone, as well as an in-house developed chipset.

Xiaomi enters EV sector with USD 10 billion of its own cash | KrASIA

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Xiaomi enters EV sector with USD 10 billion of its own cash

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

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Song Jingli

How do goods cross borders seamlessly? Examine warehousing tech, route optimization, and data analytics building efficient supply chains.

Logistics

How do platforms deliver on immediacy? Analyze ride-hailing, instant deliveries, and gig models meeting consumer needs fast.

On-demand Services

What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

Private Equity

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

Beijing-based logistics startup FlashEx, also known as Shansong, said on Tuesday that it closed its Series D2 round raising USD 125 million from investors including Shunwei Capital, Susquehanna International Group (SIG), and N5 Capital.

Chinese delivery firm FlashEx scores USD 125 million from Shunwei, SIG | KrASIA

Chinese delivery firm FlashEx scores USD 125 million from Shunwei, SIG

Huawei, a global telecom and smartphone vendor, delivers networking equipment, 5G solutions, and consumer devices integrating cutting-edge tech.

Huawei

How does finance become frictionless? Examine digital banking, payment innovation, and lending platforms redefining financial access.

Fintech

What streamlines global commerce? Examine digital wallets, cross-border remittances, and instant settlement technologies.

Payments

Huawai has gained a mobile payment license in China after buying Shenzhen Xunlian Zhifu Network from Shanghai Wo Rui Ou Information Technology Co., Ltd., China Securities Journal reported on Sunday

Huawei gains payment license after latest acquisition | KrASIA

Huawei gains payment license after latest acquisition

What happens when viewers join in real time? Explore live streaming platforms, audience interaction tools, and brand opportunities in instant video.

Live Streaming

Can brief clips hold lasting impact? Analyze short-form content trends, creator communities, and platform strategies for rapid viewer engagement.

Short Video

Singapore

Guangzhou-based Joyy (NASDAQ: YY) on Friday reported RMB 3.78 billion (USD 579.9 million) in revenue for the final quarter of 2020, up 77.5% year-on-year (YoY), excluding YY Live, which was sold to Baidu.Proceeds from its livestreaming business increased by 93.3% YoY to RMB 3.59 million, accounting for nearly 95% of the company's entire revenue. The upswing came thanks to continued user base growth and enhanced monetization capabilities of Bigo Live, the livestreaming app, and short-video app Likee, a direct competitor of ByteDance’s TikTok.

Livestreaming boosts user growth and revenue at Joyy | KrASIA

Livestreaming boosts user growth and revenue at Joyy

Tencent, a Chinese tech conglomerate, invests in gaming, social media, and cloud services, supporting entertainment and connectivity worldwide.

Tencent

Beijing-based online mutual aid platform Qingsong Huzhu stopped operations on Wednesday, Economic Observer reported, citing users of the service. Before the shutdown, the site registered 17 million users at the end of May last year, second only to Ant Group's Xiang Hu Bao with about 100 million members.

Tencent-backed mutual aid platform Qingsong Huzhu abruptly shuts down | KrASIA

Tencent-backed mutual aid platform Qingsong Huzhu abruptly shuts down

Several banks in Shanghai have started offering digital yuan wallets to interested individuals and corporates. So far, the electronic currency has only been available during limited trial periods and to people that have been selected in a lottery.The Industrial and Commercial Bank of China, China Construction Bank, and Bank of Communications confirmed to KrASIA on Thursday that private persons and companies can apply. The Bank of China, Agricultural Bank of China, as well as the Postal Savings Bank of China opened the service to individuals, according to a report by The Paper.

China's digital yuan is now available to individuals and corporates in Shanghai | KrASIA

China&#8217;s digital yuan is now available to individuals and corporates in Shanghai

ByteDance, a Chinese internet company, uses machine learning to recommend engaging videos, news, and social content (via TikTok and Douyin).

ByteDance

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

Singaporean Chew Shou Zi will join ByteDance after leaving consumer electronics giant Xiaomi (HKSE: 1810), according to an announcement on his verified Weibo account."I will join ByteDance as the CFO so that I can be based in my hometown Singapore 18 years after I left," said Chew, who served as CFO for Xiaomi between 2015 and 2020, leading the company through a successful initial public offering (IPO) on the Hong Kong Stock exchange in 2018.

ByteDance names former Xiaomi executive as CFO fueling IPO rumors | KrASIA

ByteDance names former Xiaomi executive as CFO fueling IPO rumors

Kuaishou, best known for its short video platform, drives user-generated content, influencer marketing, and community engagement through shareable clips.

Kuaishou

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

E-commerce

Kuaishou (HKSE: 1024) shares plunged more than 12% on Wednesday in Hong Kong trading, closing at HKD 265. The stock appears to be pulling back after advancing since the IPO, due to high expectations from investors, DTZ Research lead analyst Ke Yan told KrASIA. On Tuesday, the company said it made RMB 58.8 billion (USD 9 billion) in revenue in 2020, up 50.2% year-on-year, in its first annual report since it went public last month.

Kuaishou shares dive after first annual report | KrASIA

Kuaishou shares dive after first annual report

Douyin, the Chinese version of TikTok, showcases locally popular short videos, influencer content, and creative challenges optimized for China’s market.

Douyin

How does interactive entertainment evolve? Assess gaming ecosystems, esports growth, and technology enhancing virtual play.

Gaming

Chinese short video giant ByteDance—via its gaming unit Nuverse—is acquiring the Shanghai-based mobile game developer Moonton, further encroaching onto Tencent's territory.