KrASIA Connection

KrASIA Connection curates technology and innovation updates from China.

News

Matrix Partners rebrands China and India units, avoids full spin-off

The venture capital firm emphasized the independence of its regional units but stopped short of a complete split like Sequoia and GGV.

2 mins read

In addition to the upgraded AI model, Baidu also unveiled PaddlePaddle 3.0, the latest version of its deep learning platform.
News
Baidu deepens foothold in Chinese AI market with Ernie 4.0 upgrade
2 mins read
The bold pricing move for Black Myth: Wukong signals a potential shift in China’s gaming industry.
News
Game Science ups the ante with RMB 268 price tag for Black Myth: Wukong
4 mins read
Some might argue McDonald’s is better at selling toys than fast food.
Insights
How McDonald’s sparked a frenzy in China with its McTalkie toy release
5 mins read
A successful IPO in the UK hinges on Shein overcoming regulatory and ESG challenges.
Insights
Can Shein secure a landmark London IPO at GBP 50 billion valuation?
5 mins read
China’s RMB 344 billion semiconductor fund signals a major push for tech self-sufficiency amid US restrictions.
News
Big picture: China boosts chip industry with massive new fund
2 mins read
Luckin Coffee’s rapid expansion has positioned it as a dominant force in China’s coffee market, but at the cost of strained profit margins.
News
Luckin Coffee’s margins shrink amid expansion to outplay Starbucks
4 mins read
Huawei is gaining an edge over Nvidia in China despite the latter’s stunning stock market rally.
News
Nvidia’s AI chip faces weak demand and fierce competition in China
2 mins read
Will future-focused Alibaba’s actions be sufficient to fulfill its ambitions?
News
Alibaba sees growth in FY2024 despite investment strains and market volatility
3 mins read