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AliHealth FY 2021 net profit: USD 53 million

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

Bringing together the latest business insights and trends of China's tech ecosystem.

China Tech

JD.com, Inc., also known as Jingdong and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing.

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Health Tech

Retail

The robust performance was mainly driven by the rapid increase in online sales of medicines and healthcare products.

KEY STAT | AliHealth reports USD 53.3 million net profit as online pharmacy sales keep growing | KrASIA

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KEY STAT | AliHealth reports USD 53.3 million net profit as online pharmacy sales keep growing

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

KrASIA

https://secure.gravatar.com/avatar/2bddd502480722fd382ec92dfe2fcb9f?s=96&d=mm&r=g

Julianna Wu

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

Visual Stories

An uncertain regulatory environment in the US is prompting mature Chinese tech companies to hedge a secondary listing in Hong Kong.

A secondary IPO in Hong Kong is now the industry standard for Chinese tech giants | KrASIA

A secondary IPO in Hong Kong is now the industry standard for Chinese tech giants

Kuaishou (Chinese: 快手) is a platform for recording with millions of original fresh videos everyday.

Kuaishou

With the spread of Internet global accessing (fastest Internet broadband connection TCP with accumulator cables and semi-fast connection), Short Video services have become very popular online. 

Short Video

Kuaishou shares plunged more than 10% in Hong Kong on Tuesday as livestreaming sales disappoint.

KEY STAT | Douyin rival Kuaishou sees increased profits, users in Q1 | KrASIA

KEY STAT | Douyin rival Kuaishou sees increased profits, users in Q1

Boss Zhipin is China's largest online job site by monthly active users. The Chinese company behind online recruiting app Boss Zhipin, which literally means "Boss direct recruitment," on Friday submitted its prospectus for a public listing on Nasdaq, aiming to raise around USD 300 million, The Paper reported.

KEY STAT | Recruiting app Boss Zhipin files for Nasdaq IPO | KrASIA

KEY STAT | Recruiting app Boss Zhipin files for Nasdaq IPO

NetEase, Inc. is a Chinese Internet technology company providing online services centered on content, community, communications and commerce. The company was founded in 1997 by Lebunto. NetEase develops and operates online PC and mobile games, advertising services, email services and e-commerce platforms in China.

NetEase

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

Creative

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

The game industry is the economic sector involved in the development, marketing, and monetization of games. It encompasses dozens of job disciplines and its component parts employ thousands of people worldwide.

Gaming

The gaming boom in China continues unabated with a large pipeline of new titles.

KEY STAT | NetEase releases new games to take on Tencent | KrASIA

KEY STAT | NetEase releases new games to take on Tencent

JD.com's annual active buyer accounts: 500 million

Pinduoduo is an e-commerce platform allowing users to participate in group buying deals. It was founded by Colin Huang as Shanghai Dream Information Technology Co., Ltd. in September 2015.

Pinduoduo

The group's retail business, which targets price-sensitive buyers, is struggling to make money amid fierce competition in the sector.

KEY STAT | JD.com maintains momentum with nearly 40% revenue growth in Q1 | KrASIA

KEY STAT | JD.com maintains momentum with nearly 40% revenue growth in Q1

Edtech

Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits. The education industry is fast-reforming nowadays. 

Education

Music

NetEase's music service struck a deal with Sony to take on Tencent's dominance in the sector.

KEY STAT | NetEase reports increased revenue and profits as Youdao posts best profit margin ever | KrASIA

KEY STAT | NetEase reports increased revenue and profits as Youdao posts best profit margin ever

ELEME Inc. is a platform that offers online food delivery service. It was founded in 2008 by Mark Zhang and Jack Kang in Minhang Campus of Shanghai Jiao Tong University. Ele.me was acquired by the Alibaba Group in April 2018 and continues to operate independently.

ele.me

Food Delivery

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

The practice of overstating promotions has long been a common way to attract attention to delivery platforms.

KEY STAT | Food delivery platform Ele.me fined for misleading pricing | KrASIA

KEY STAT | Food delivery platform Ele.me fined for misleading pricing

Xpeng Q1 revenue increase 616% year-on-year

Xpeng

Electric Vehicles

Mobility

EV deliveries increased nearly 500% compared to the same quarter in 2020.