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Photo of Haywood Cheung, chairman of the Hong Kong Gold Exchange.

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

Investment

Why do firms join forces? Investigate synergy goals, valuation methods, and negotiations driving corporate consolidation.

Merger &amp; Acquisition

China

Hong Kong

The territory's stock market has become a source of overseas M&A funding for mainland miners.

China eyes Hong Kong as gold trading hub in bid for market dominance

Home

Decoding China&#039;s tech and business pulse

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

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

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

East Asia

MiniMax, a Chinese company, develops large models and generative AI tools. It is known for the Talkie chatbot and Hailuo AI, a multimodal AI platform.

MiniMax

What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

Artificial Intelligence

What lies beyond familiar frontiers? Investigate emerging tech—like quantum computing and AI—transforming traditional sectors.

Deep Tech

Foundation and Large Models

Investors are taking an upbeat view as the AI firm delivers its first earnings report following its Hong Kong listing.

MiniMax’s ARR tops USD 150 million as it pivots toward an AI platform model

IPO Zaozhidao is a Chinese media outlet that provides timely coverage of IPO developments and related market signals.

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IPO Zaozhidao

ByteDance, a Chinese internet company, uses machine learning to recommend engaging videos, news, and social content (via TikTok and Douyin).

Sea Group operates digital entertainment (Garena), e-commerce (Shopee), and fintech (SeaMoney) platforms across Southeast Asia.

Sea Group

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

TikTok hosts short-form videos spanning entertainment, education, and branded content, capturing global audiences and driving cultural trends.

TikTok

TikTok Shop, the e-commerce arm of TikTok, enables in-app shopping by connecting users with brands and creators through live commerce and short videos.

TikTok Shop

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

Consumer Economy

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

E-commerce

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

Retail

Indonesia

Malaysia

Philippines

Singapore

Thailand

Vietnam

The gap between the two players is narrowing, particularly in Vietnam, where TikTok Shop now commands more than 40% of the market.

TikTok Shop narrows the gap with Shopee in Southeast Asia’s e-commerce market

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T. K. Lin

Pinduoduo revolutionizes e-commerce with social group buying, connecting budget-conscious shoppers to discounts on a broad range of products.

Pinduoduo

Pinduoduo | KrASIA

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

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

JD.com

Chinese online retailers are gearing up for the upcoming "Double 11" shopping festival.

JD’s grouping-buying service lands on WeChat in hard catch-up with Pinduoduo

Wency Chen is a reporter KrASIA based in Beijing, covering tech innovations in&amp;beyond the Greater China Area. Previously, she studied at Columbia Journalism School and reported on art exhibits, New York public school systems, LGBTQ+ rights, and Asian immigrants. She is also an enthusiastic reader, a diehard fan of indie rock and spicy hot pot, as well as a to-be filmmaker (Let’s see). Follow her on Twitter: @ChenWQ45 Tips go to: wency@kr-asia.com

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Wency Chen

Pinduoduo's founder is the richest man under 40 years old in China with a fortune worth USD 2 billion.

Pinduoduo tops Apple's App Store global downloads in shopping sector

Pinduoduo tops Apple&#8217;s App Store global downloads in shopping sector

It still takes time for Pinduoduo to prove its value to investors as it is still unprofitable.

Pinduoduo exceeds JD.com on market cap, lagging behind Alibaba, Tencent and Meituan

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Song Jingli

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

WeChat, Tencent’s superapp, combines messaging, social media, mobile payments, and mini-programs, streamlining daily tasks for over a billion users.

WeChat

Price-cutting and apps-download links will be banned from the platform.

WeChat's upcoming tightened links policy may harm Pinduoduo and other platforms

WeChat&#8217;s upcoming tightened links policy may harm Pinduoduo and other platforms

The platform now wants to reframe itself as a marketplace for branded merchandise.

Pinduoduo surpasses JD.com on GMV two years earlier than planned, says founder Huang (updated)

The old cash-burning gamble does not always pay off.

Cash-burning e-commerce platform Taojiji offers a debt-for-stake swap plan to pacify thousands of merchants

This means the company can borrow cash at zero cost and its shares are highly favored by investors.

Pinduoduo's convertible bonds will yield zero interest, setting precedent

Pinduoduo&#8217;s convertible bonds will yield zero interest, setting precedent

Fourteen months ago, when the company went public in the US, it raised USD 1.6 billion.

Pinduoduo plans to raise up to USD 1 billion by selling convertible bonds

Alibaba and JD.com are penetrating down into lower-tier cities while Pinduoduo does the opposite.

Pinduoduo

JD’s grouping-buying service lands on WeChat in hard catch-up with Pinduoduo

Pinduoduo tops Apple’s App Store global downloads in shopping sector

Pinduoduo exceeds JD.com on market cap, lagging behind Alibaba, Tencent and Meituan

WeChat’s upcoming tightened links policy may harm Pinduoduo and other platforms

Pinduoduo surpasses JD.com on GMV two years earlier than planned, says founder Huang (updated)

Cash-burning e-commerce platform Taojiji offers a debt-for-stake swap plan to pacify thousands of merchants

Pinduoduo’s convertible bonds will yield zero interest, setting precedent

Pinduoduo plans to raise up to USD 1 billion by selling convertible bonds

JD.com launches its Pinduoduo rival, with a little help from WeChat

Most Recent

China eyes Hong Kong as gold trading hub in bid for market dominance

MiniMax’s ARR tops USD 150 million as it pivots toward an AI platform model

TikTok Shop narrows the gap with Shopee in Southeast Asia’s e-commerce market