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36Kr (EN)

Promotional image of Xiaomi's SU7 electric vehicle.

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

China Tech

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

Xiaomi

Electric Vehicles

Mobility

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

Transportation

Electric vehicle

xiaomi

The smartphone maker hopes to turn the 'Apple Car' idea into reality.

China's Xiaomi jumps into EV market battle with gusto | KrASIA

Home

China&#8217;s Xiaomi jumps into EV market battle with gusto

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

KrASIA

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

Chery

New Energy Vehicle

new energy vehicles

The Chinese automaker is banking on the new brand to change its fortunes in the NEV market.

Chery to launch new “Yueji” NEV brand, debut model coming by year’s end | KrASIA

Chery to launch new “Yueji” NEV brand, debut model coming by year’s end

KrASIA Connection curates technology and innovation updates from China.

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The decade-old "Oriental Leaf Tea" remained Nongfu Spring's driving force in 2023, spearheading the company's growth.

Nongfu Spring’s profits soared in 2023 despite public backlash | KrASIA

Nongfu Spring’s profits soared in 2023 despite public backlash

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

Didi

KrASIA | Didi Archives

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

Alibaba

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

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

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

E-Commerce

Retail

The community group-buying businesses of Meituan, Didi Chuxing, and Pinduoduo, as well as Alibaba-backed Nice Tuan have been fined by the State Administration for Market Regulation (SAMR) with RMB 1.5 million (USD 230,000) for selling groceries below cost and for misleading consumers with non-existing discounts. Tencent-backed firm Shixianghui was penalized with RMB 500,000, the regulator announced on its website on Thursday.

Chinese regulator fines firms in broad crackdown on grocery group-buying sector | KrASIA

Chinese regulator fines firms in broad crackdown on grocery group-buying sector

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Song Jingli

Pinduoduo is an e-commerce platform allowing users to participate in group buying deals. It was founded by Colin Huang as Shanghai Dream Information Technology Co., Ltd. in September 2015.

Pinduoduo

The food industry is booming! Both traditional companies and startups are using technology to transform the dynamics of the food sector.

Food Tech

Internet companies have become role models in the battle against extreme levels of hardship.

Alibaba, Pinduoduo, Didi's Cheng Wei win glory as President Xi declares victory over poverty | KrASIA

Alibaba, Pinduoduo, Didi&#8217;s Cheng Wei win glory as President Xi declares victory over poverty

Online ride-hailing in China's total taxi traffic: 36.2%

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

On-Demand Services

Ride-hailing encompasses a range of companies and services, including traditional taxis and car services. 

Ride-hailing

In China's first-tier cities, market penetration of ride-hailing services exceeded 70% as of Q1 of 2019. Online ride-hailing services accounted for 36.2% of the total taxi traffic in China in 2020, according to the sharing economy report 2021 published today by The State Information Center.

KEY STAT | Ride-hailing services accounts for a third of China's taxi traffic | KrASIA

KEY STAT | Ride-hailing services accounts for a third of China&#8217;s taxi traffic

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Julianna Wu

New investment flows into China's bike-sharing sector as the industry matures.

Didi’s biking-sharing unit Qingju raises USD 600 million in Series B | KrASIA

Didi’s biking-sharing unit Qingju raises USD 600 million in Series B

Gojek is a transportation network company and logistics startup company based in Jakarta, Indonesia.

Gojek

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

A peek into the booming tech ecosystem of Southeast Asia.

SEA Tech

Indonesia

With Lunar New Year celebrations—and heavy order volumes—coming up, the tech sector’s most vulnerable workers need vaccines to stay safe.

Jab me now: Tech’s gig workers are finally getting COVID shots, but at a slow pace | KrASIA

Jab me now: Tech’s gig workers are finally getting COVID shots, but at a slow pace

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Brady Ng

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

SoftBank Group Corp. is a holding company that engages in the management of its group companies which provides information technology and telecommunication services. It operates through the following segments: Mobile Communications, Sprint, Fixed-line Telecommunications, Internet, and Others. 

Softbank

Investment

Shares hit 21-year high on hopes for profitable divestments in bull market.

SoftBank presses Vision Fund companies to seize IPO chance | KrASIA

SoftBank presses Vision Fund companies to seize IPO chance

Market leader curries favor ahead of IPO amid tech clampdown. Didi Chuxing, China's top ride-hailing company, will hire 50,000 retired soldiers each year over the next three years, expanding efforts to tackle the problem of veteran unemployment while highlighting its contributions to the Communist Party.

Ride-hailer Didi to hire 50,000 China vets a year | KrASIA

Ride-hailer Didi to hire 50,000 China vets a year

Average daily trips facilitated by Didi: 60 million

The ride-hailing service is now available in 13 overseas markets. Didi Chuxing, the world's biggest ride-hailing platform, said that it operated 60 million trips per day in the past year, which include taxis, bike-sharing rides, and other means of transportation ordered through the app.

KEY STAT | Didi reports 60 million daily trips globally for 2020 | KrASIA

KEY STAT | Didi reports 60 million daily trips globally for 2020

Didi's freight unit to raise USD 1.5 billion

Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption in order to meet requirements of customers or corporations. 

Logistics

Didi Huoyun wants to expand in major Chinese cities in 2021.

Didi

Chinese regulator fines firms in broad crackdown on grocery group-buying sector

Alibaba, Pinduoduo, Didi’s Cheng Wei win glory as President Xi declares victory over poverty

KEY STAT | Ride-hailing services accounts for a third of China’s taxi traffic