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About

36Kr (EN)

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

China Tech

Cotti Coffee

Luckin Coffee

MENA

Coffee

Middle East

Nowwa follows Cotti in expanding to the Middle East, targeting growth in an untapped market for Chinese coffee brands.

Chinese coffee brands set sights on Middle East as next big market | KrASIA

Home

Chinese coffee brands set sights on Middle East as next big market

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

KrASIA

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

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

Indonesia

Philippines

Singapore

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

Deals in brief: Insider raises USD 500 million, UOB FinLab funds ASEAN green tech pilots, six China deals, and more | KrASIA

Deals in brief: Insider raises USD 500 million, UOB FinLab funds ASEAN green tech pilots, six China deals, and more

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KrASIA Writers

In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals.

Deep Tech

MiniMax’s Talkie app defies AI market skeptics with USD 70 million in projected revenue, but can it replicate its success?

Talkie’s global traction puts MiniMax in AI’s top tier, but risks loom | KrASIA

Talkie’s global traction puts MiniMax in AI’s top tier, but risks loom

Baidu

KrASIA | Baidu Archives

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

Alibaba

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

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

Taobao

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

Xiaomi

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

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.

China bans microlenders from granting consumer loans to university students | KrASIA

China bans microlenders from granting consumer loans to university students

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Song Jingli

Baidu's secondary listing to raise USD 3.1b

Internet giant and AI developer Baidu (NASDAQ: BIDU) will be raising about USD 3.1 billion from its secondary listing in Hong Kong, at a share price of HKD 252 (USD 32.5), which is 14.6% lower than the maximum target of HKD 295, according to its filing.

KEY STAT | Baidu kicks off 'homecoming' listing, remains short of its target | KrASIA

KEY STAT | Baidu kicks off &#8216;homecoming&#8217; listing, remains short of its target

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Julianna Wu

Autonomous Vehicles is about self-driving. A self-driving car is also known as a robot car, autonomous car, or driverless car, is a vehicle that is capable of sensing its environment and moving with little or no human input.

Autonomous Vehicles

Mobility

Autonomous driving pioneer Baidu has received approval from the Cangzhou government in the Hebei province to charge passengers for robotaxi rides, the company announced in a release on Monday. Baidu will be first in China to experiment with monetization mechanisms for these services, "marking a landmark step on Baidu Apollo’s road to commercialization," it said.

Baidu will be charging robotaxi passengers in Cangzhou on a trial basis | KrASIA

Baidu will be charging robotaxi passengers in Cangzhou on a trial basis

Transport or transportation is the movement of humans, animals, and goods from one location to another. 

Transportation

Joe Xia, head of Baidu's auto arm, believes that software, not hardware, will be the 'soul' of personal vehicles.

Baidu rethinks cars from the ground up with new auto division | KrASIA

Baidu rethinks cars from the ground up with new auto division

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AJ Cortese

Kunlun, the AI chip unit of internet giant Baidu (NASDAQ: BIDU), has reportedly reached a valuation of USD 2 billion after a new round of funding. CITIC Private Equity Funds Management was leading the fundraising that was joined by a group of investors including IDG Capital and Legend Capital, an unidentified source told Reuters.

KEY STAT | Baidu closes funding round for AI chip segment | KrASIA

KEY STAT | Baidu closes funding round for AI chip segment

Baidu Apollo has won a bid to build a 5G intelligent driving project in Chengdu, in southwest China's Sichuan province, in a tender worth RMB 105 million (USD 16.1 million), the internet giant said in a press release on Thursday.

Baidu wins USD 16.1 million bid to upgrade roads for autonomous driving in Chengdu | KrASIA

Baidu wins USD 16.1 million bid to upgrade roads for autonomous driving in Chengdu

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

E-Commerce

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

Entertainment

The Internet of things (IoT) is the extension of Internet connectivity into physical devices and everyday objects. Embedded with electronics, Internet connectivity, and other forms of hardware, these devices can communicate and interact with others over the Internet, and they can be remotely monitored and controlled.

Live Streaming

The takeover of YY Live has been "substantially completed."

Baidu reports solid profits, expects first EV within 3 years | KrASIA

Baidu reports solid profits, expects first EV within 3 years

Meanwhile, WeRide has been granted the first ever ride-hailing license for an autonomous driving company.