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Photo of the Pop Mart characters showcased during the 99th Macy’s Thanksgiving Day Parade on November 27, 2025.

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

China

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

Pop Mart, a Chinese company, designs and sells toys, figurines, and collectibles, primarily in a blind box format.

What sets the bar for convenience? Examine on-demand platforms, subscription models, and personalization transforming consumer expectations.

Consumer Economy

How do stores adapt to digital shifts? Explore e-commerce integration, inventory analytics, and omnichannel strategies for modern shoppers.

Retail

Sharing the stage with century-old icons marks a new milestone for Pop Mart.

After appearing at Macy’s parade, how far can Pop Mart go in the US?

Home

Decoding China&#039;s tech and business pulse

KrASIA

36Kr is China's most influential business and technology network, delivering high-quality content focused on China’s innovation and new economy trends since 2010. With its extensive traffic and network, 36Kr has built a comprehensive database and strong data analytics capabilities to provide insights into China’s technology landscape.

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36Kr English

Photo of Hau Leung Lee, professor at the Stanford Graduate School of Business.

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

Logistics

As globalization fractures, Hau Leung Lee argues that sustainability and regional resilience should replace efficiency as trade’s guiding principles.

The world’s supply chains are splitting, but this expert says that may not be a bad thing

Photo of the Yangpu International Container Port, located in the Yangpu Economic Development Zone in Danzhou, Hainan.

The tropical southern island becomes a testing ground for Xi's liberalization ambitions amid tariff turmoil.

China chases economic rally with giant Hainan free trade port

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

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Nikkei Asia

Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

Alibaba | KrASIA

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

E-commerce

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

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Song Jingli

Meituan Youxuan raises 2021 GMV target to USD 31 billion

Didi, a Chinese mobility platform, connects riders to taxis, private cars, and ride-sharing options, integrating AI-driven route optimization.

Didi

Meituan, China’s all-in-one local services platform, covers food delivery, travel bookings, and lifestyle deals, simplifying daily consumer choices.

What changes the way we shop? Review fresh inventory management, dark stores, and logistics driving door-to-door grocery services.

Grocery Delivery

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

On-demand Services

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

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

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Julianna Wu

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

How do we store tomorrow’s power? Evaluate battery R&amp;D, manufacturing progress, and recycling strategies fueling energy independence.

Batteries

How is power evolving? Review renewable sources, grid innovations, and efficiency measures driving cleaner, more resilient energy systems.

Energy

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

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

Private Equity

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 

WeDoctor Hong Kong IPO to raise USD 3 billion

JD.com, a Chinese e-commerce leader, ensures trusted transactions, efficient logistics, and a wide product selection for online shoppers.

JD.com

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

How is healthcare going digital? Investigate telemedicine, wearable sensors, and data-driven platforms improving patient experiences.

Health Tech

What medical tools shape care delivery? Assess medical devices, diagnostics, and digital services refining patient treatment.

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

How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

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

What entertains a connected world? Track shifts in film, music, and media consumption, as platforms and audiences redefine cultural experiences.

Entertainment

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

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

Shopee, a Southeast Asian online marketplace, features interactive shopping, flash deals, and localized payment options.

Shopee

Southeast Asia’s tech ecosystem is a melting pot of startups and businesses of all sizes, all vying for rapid growth.

Southeast Asia

Lazada has ironed out its operations, but can it catch up to Shopee?

Here’s how Lazada lost its lead to Shopee in Southeast Asia (Part 2 of 2)

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Late Post

Southeast Asia’s homegrown e-commerce platform, Shopee, is a pioneer in more ways than one. Formed in 2015, it is an offshoot of gaming company Garena, helmed by founders who studied abroad and worked overseas for multinational companies. Its fourth quarter and full year 2020 financial reports indicate that Shopee’s turnover for the year was USD 35.4 billion, double that of 2019 and accounting for 57% of the entire Southeast Asian e-commerce market’s transaction volume.

Here’s how Lazada lost its lead to Shopee in Southeast Asia (Part 1 of 2)

Ant Group, a fintech powerhouse, offers digital payments, wealth management tools, and micro loans, enabling borderless, mobile-first financial services.

Ant Group

Baidu leads Chinese search engines, voice assistants, autonomous driving research, and AI platforms connecting users with information and services.

Baidu

Taobao, Alibaba’s consumer-to-consumer marketplace, connects Chinese shoppers with diverse products, from fashion and electronics to everyday essentials.

Taobao

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

How does credit flow online? Explore digital lending tools, alternative scoring, and services accelerating capital access.

Lending

China Banking and Insurance Regulatory Commission (CBIRC) and four other government bodies have specified that all micro loan firms in the country cannot extend consumer loans to university students, according to an announcement on Wednesday.