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About

36Kr (EN)

Angel Investing

Investment

Merger &amp; Acquisition

Private Equity

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

India

Japan

Singapore

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: Pi-xcels raises USD 2.7 million, Vynn Capital backs MediSun Energy, Gobi Partners teams up with Cross Capital, and more | KrASIA

Home

Deals in brief: Pi-xcels raises USD 2.7 million, Vynn Capital backs MediSun Energy, Gobi Partners teams up with Cross Capital, and more

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

KrASIA

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KrASIA Writers

Japan, Korea, and the West

Creative

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

Nintendo’s new Pokemon mobile game blends nostalgia with a tried-and-true format, but its long-term success is far from guaranteed.

Pokemon TCG Pocket starts strong, but can Nintendo keep the cards in play? | KrASIA

Pokemon TCG Pocket starts strong, but can Nintendo keep the cards in play?

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

China Tech

Huawei Technologies Co. Ltd. is a Chinese multinational telecommunications equipment and consumer electronics manufacturer, headquartered in Shenzhen, Guangdong, China. The company was founded in 1987 by Ren Zhengfei, a former People's Liberation Army engineer.

Huawei

Electric Vehicles

Mobility

Huawei is gearing up to launch at least ten new vehicle models next year, targeting the high-end automotive market.

Aito M8 to headline Huawei’s 2025 automotive lineup | KrASIA

Aito M8 to headline Huawei’s 2025 automotive lineup

36Kr is China's most influential business and technology network. Since 2010, 36Kr has been providing high-quality content around China’s innovation and new economy trends. With the traffic and network it has built, 36Kr has developed a comprehensive database and strong data analytics capabilities of the technology landscape in China.

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36Kr English

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

Alibaba

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

KrASIA | Alibaba Archives

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

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. It was first released in 2011, and by 2018 it was one of the world's largest standalone mobile apps by monthly active users, with over 1 billion monthly active users.

Wechat

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

E-Commerce

Retail

The walls of China's tech gardens are slowly being torn down.

Thanks to China's internet crackdown, Alibaba is finally on Tencent's WeChat | KrASIA

Thanks to China&#8217;s internet crackdown, Alibaba is finally on Tencent&#8217;s WeChat

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Song Jingli

Live Streaming

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

On-Demand Services

Chinese internet companies were ordered to correct malpractices and pledge in written statements that they will operate legally.

After fining Alibaba, China turns scrutiny to 33 more big tech companies | KrASIA

After fining Alibaba, China turns scrutiny to 33 more big tech companies

Ant Financial Services Group, formerly known as Alipay, is an affiliate company of the Chinese Alibaba Group. Ant Financial is the highest valued fintech company in the world, and the world's most valuable unicorn company, with a valuation of US$150 billion. 

Ant Group

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

China's central bank and three other financial regulators summoned Ant Group on Monday, demanding the company to correct "serious problems" in its business and improve its competitiveness, months after its USD 34.4 billion IPO was suspended in November.

China's Ant Group forced to rectify and make sweeping changes under pressure from regulators | KrASIA

China&#8217;s Ant Group forced to rectify and make sweeping changes under pressure from regulators

Alibaba stock (HKSE: 9988) advanced as much as 9% in early Monday trading in Hong Kong after the State Administration for Market Regulation (SAMR) imposed a RMB 18.2 billion (USD 2.8 billion) fine on Saturday, a new record since China's anti-monopoly law came into effect in 2008, but a rather small penalty according to analysts and investors.The authorities, which initiated their investigation into the firm in December 2020, concluded that Alibaba had a dominant role in China's domestic online retail market and that from 2015, it used its position to ban merchants on its platform from opening stores or participating in promotions on rival marketplaces, in a so-called "select one out of two" mechanism.

Alibaba strikes confident tone after record USD 2.8 billion anti-monopoly penalty | KrASIA

Alibaba strikes confident tone after record USD 2.8 billion anti-monopoly penalty

Meituan Youxuan raises 2021 GMV target to USD 31 billion

Didi Chuxing Technology Co., formerly Didi Kuaidi, is a Chinese transportation network company, artificial intelligence and autonomous technology conglomerate.

Didi

Meituan-Dianping is a Chinese group buying website for locally found food delivery services, consumer products and retail services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The Meituan.com site offers deals of the day by selling vouchers on local services and entertainment.

Meituan

Grocery Delivery

Chinese startups Xingsheng Youxuan and Nice Tuan are raising funds to compete with the likes of Meituan, Pinduoduo, and Didi.

KEY STAT | China's neighborhood group-buying players double 2021 targets as competition intensifies | KrASIA

KEY STAT | China&#8217;s neighborhood group-buying players double 2021 targets as competition intensifies

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Julianna Wu

Xiaomi Corporation is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer electronics.

Xiaomi

Battery

Energy

Shenzhen-based power bank providers Soudian and Jiedian will merge to jointly establish a new company, under which the two brands will continue operating independently, 36Kr reported on Friday, citing official announcements.A new board of directors will be set up by the parent company, with a joint CEO system to decide on the future strategies of the two brands, according to the announcement. Jiedian and Soudian will share their resources in supply chain management, customer services, software, and hardware development while maintaining their original businesses.

Power bank providers Soudian and Jiedian merge to amp up challenge against newly listed firm Energy Monster  | KrASIA

Power bank providers Soudian and Jiedian merge to amp up challenge against newly listed firm Energy Monster 

WeDoctor Hong Kong IPO to raise USD 3 billion

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

Health Tech

Medical technology, or "medtech", encompasses a wide range of healthcare products and is used to treat diseases and medical conditions affecting humans. 

MedTech

Internet hospital and health maintenance platform WeDoctor filed a prospectus for a Hong Kong IPO on Thursday night. The company expects to raise up to USD 3 billion, according to 36Kr.The company generated revenue to the tune of RMB 1.8 billion (USD 280 million) in 2020, more than three times higher than that of the year before. Losses in 2020 were RMB 1.9 billion (USD 290 million), a gentle 1.1% decline year-on-year.

KEY STAT | Tencent-backed online hospital WeDoctor files for IPO | KrASIA

KEY STAT | Tencent-backed online hospital WeDoctor files for IPO

Just four months after its last round, group-buying startup Nice Tuan on Wednesday said that it raised another USD 750 million in its Series D round, from investors including Alibaba, DST Global, and GGV Capital, 36Kr reported.

KEY STAT | Alibaba-backed Nice Tuan closes another big-ticket investment | KrASIA

KEY STAT | Alibaba-backed Nice Tuan closes another big-ticket investment

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

Entertainment

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

Chinese internet group Tencent Holdings has vowed to make its platform of a billion-plus users open to industry players -- including competitors -- as Beijing steps up an anti-monopoly crackdown aimed at big tech companies.Tencent President Martin Lau told investors Wednesday that its platform is open to industry players and that collaboration with any big companies needs to be "mutually constructive," responding to media reports that Tencent will allow rival Alibaba Group Holding's Taobao marketplace to sell through its mini-program

Tencent vows to embrace open platform amid antitrust crackdown | KrASIA

Tencent vows to embrace open platform amid antitrust crackdown

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

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