KrASIA Connection

The company uses Pinduoduo’s “social commerce” model to lure customers to small restaurants.

China’s tech giants are increasingly coveting entertainment assets, heating up competition for intellectual property.

The company uses big data and AI to improve the operational efficiency of clothing brands in China.

Hema is hoping that a premium model relying on higher average order value and greater margins can lead to long-term success in China’s online grocery market.

PingCap’s open-source database services are aimed at high-growth companies that process massive volumes of transactional data.

The company’s platform enables online influencers to mint NFTs for sale and may develop blockchain-powered virtual avatars.

The robotaxi race in China is heating up as startups scale their pilot programs to eventually commercialize the service.

The sector has lost momentum after hitting its peak in 2020, in part due to policies limiting the use of subsidies for user acquisition.