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

Consumer Economy

China

The way Coolfly responded to a single email says much about the birdwatching tech startup’s identity.

Coolfly’s “uneconomical” sprint for one user shows the kind of company it aims to be

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

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

Kling AI

Kuaishou, best known for its short video platform, drives user-generated content, influencer marketing, and community engagement through shareable clips.

Kuaishou

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

The upgrade integrates visuals, dialogue, and sound effects into a single workflow, giving creators a unified tool for immersive media production.

Kling AI launches Video 2.6 with native audio generation to speed end-to-end content creation

CHENG Zi is based in China, covering technology and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

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Cheng Zi

Vidu Q2 and Kling O1 aim to keep AI-generated videos consistent from frame to frame.

Shengshu and Kuaishou unveil new AI systems to improve generative video consistency

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T. K. Lin

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

Tencent | KrASIA

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

WeChat

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

Entertainment

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

How does interactive entertainment evolve? Assess gaming ecosystems, esports growth, and technology enhancing virtual play.

Gaming

How can businesses drive positive change? Study policies, ESG strategies, and community initiatives fostering global social advancement.

Social Impact

Chinese tech conglomerate Tencent (HKEX: 0700) posted strong revenue growth of 28% for 2020 to reach USD 74.4 billion in sales, as online entertainment, social media, and investments brought in a steady stream of cash. Net income for the year was USD 24.5 billion, a 71% jump from 2019, exceeding previous estimations of USD 20 billion.

KEY STAT | Tencent reports USD 74 billion revenue for 2020

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Julianna Wu

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

Douyin, the Chinese version of TikTok, showcases locally popular short videos, influencer content, and creative challenges optimized for China’s market.

Douyin

Southeast Asia

Chinese short video giant ByteDance—via its gaming unit Nuverse—is acquiring the Shanghai-based mobile game developer Moonton, further encroaching onto Tencent's territory.

ByteDance buys game developer Moonton to take on Tencent

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Song Jingli

How do ideas shape industries? Learn how content, design, and digital artistry influence branding, marketing, and cultural impact.

Creative

What happens when viewers join in real time? Explore live streaming platforms, audience interaction tools, and brand opportunities in instant video.

Live Streaming

What sets the world’s soundtrack? Follow streaming royalties, label strategies, and genre shifts guiding the global music industry’s rhythm.

Music

Tencent Music Entertainment (NYSE: TME) said on Monday that the company gained RMB 8.34 billion (USD 1.28 billion) in revenue in the fourth quarter of last year, up 14.3% year-on-year (YoY), and generated RMB 1.2 billion in net profits, up 15.4% YoY.

Tencent Music reports strong profits as users decline

IPO of IoT cloud platform Tuya raises USD 915 million

How do connected devices shape daily life? Examine IoT sensors, data platforms, and security protocols integrating smart tech into homes and cities.

Internet of Things

Tencent-backed internet of things (IoT) cloud platform Tuya Smart (NYSE: TUYA) opened for trading on the New York Stock Exchange on Thursday, raising USD 915 million with at an initial offering price of USD 21, higher than its original target of USD 20. The stock finished the session at USD 25, up 19%.

KEY STAT | Stock of Chinese IoT cloud software Tuya rallies in NYSE debut

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

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

Pinduoduo

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

Taobao

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

E-commerce

E-commerce giant Alibaba is planning to launch a mini program on Tencent's WeChat platform as the company has been outpaced by Pinduoduo for the first time. The latter said on Wednesday that it recorded 788.4 million active buyers last year, surpassing Alibaba's 779 million

Surpassed by Pinduoduo, Alibaba plans to tap WeChat for new users

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.

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

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

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

Investment

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

Private Equity

Where does real estate meet innovation? Study IoT building management, digital realty investments, and tech-enabled tenant services.

Prop Tech

What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

Venture Capital

Beijing-based startup Julive.com, known as Juli Zhaofangwang in China, has raised RMB 400 million (USD 61.5 million) in its Series C+ round led by Tencent and Oceanpine Capital, the company announced on its official WeChat account on Thursday.

Real estate portal Julive raises USD 61.5 million from Tencent, Oceanpine

Chinese authorities have stepped up enforcement of antitrust rules, with the number of violations cited in 2020 doubling on the year, as Beijing moves to rein in Big Tech companies' rising influence in the online economy.

China antitrust probes doubled last year in Big Tech crackdown

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

Tencent's gains from investments in 2020: USD 120b

In 2020, Chinese internet titan Tencent gained some USD 120 billion through its shareholdings in companies it invested in, said a report by The Information on Tuesday. That's six times more than the firm's own expected net income for the year.