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36Kr (EN)

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

China Tech

Deep Tech

Semiconductors

Dubbed the “Nvidia of China,” Moore Threads is set to become a bellwether of China’s semiconductor sector.

Moore Threads moves toward IPO as China’s GPU ambitions take shape | KrASIA

Home

Moore Threads moves toward IPO as China’s GPU ambitions take shape

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

Xpeng

Electric Vehicles

Mobility

Strong sales of the Mona M03 and P7+ highlight Xpeng’s growing momentum in the EV market.

Xpeng hits its stride with Q3 financial and EV production breakthroughs | KrASIA

Xpeng hits its stride with Q3 financial and EV production breakthroughs

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

Longtime managing partner Nisa Leung steps down as Qiming hands the reins to a new leadership trio.

Chinese VC firm Qiming Venture Partners prepares for leadership change | KrASIA

Chinese VC firm Qiming Venture Partners prepares for leadership change

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

KrASIA | Tencent Archives

App Clips, coming with iOS 14, are designed to let users complete a quick task in seconds. Courtesy of Apple via South China Morning Post.

Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. It is considered one of the Big Four of technology along with Amazon, Google, and Facebook.

Apple

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. It was first released in 2011, and by 2018 it was one of the world's largest standalone mobile apps by monthly active users, with over 1 billion monthly active users.

Wechat

Apple’s next iPhone operating system will introduce App Clips, a new feature similar to WeChat’s mini programs.

iOS 14 adds Apple’s answer to WeChat’s most powerful feature | KrASIA

iOS 14 adds Apple’s answer to WeChat’s most powerful feature

The game industry is the economic sector involved in the development, marketing, and monetization of games. It encompasses dozens of job disciplines and its component parts employ thousands of people worldwide.

Gaming

Tencent and NetEase together account for 60% of the total gaming market revenue in China, according to a report by intelligence firm Analyses.

Tencent lands another mobile game hit as Brawl Stars rakes in USD 17.5 million in first week | KrASIA

Tencent lands another mobile game hit as Brawl Stars rakes in USD 17.5 million in first week

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South China Morning Post

NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.

Visual Stories

The cash-craving EV startup rebounded strongly from the pandemic's impact, setting a monthly record for electric vehicles sold in May.

KEY STAT | Tencent makes new bid for Chinese EV maker Nio | KrASIA

KEY STAT | Tencent makes new bid for Chinese EV maker Nio

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Julianna Wu

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

The global market for video games is forecast to reach USD 159.3 billion this year, with mobile games making up about half of that.

ByteDance brushes off early failures with new partnerships to battle Tencent in core games market | KrASIA

ByteDance brushes off early failures with new partnerships to battle Tencent in core games market

TikTok's owner set an annual revenue goal of RMB 200 billion, while more than 80% of its 2019 revenue was from online advertising.

KEY STAT | ByteDance first quarter revenues up 130% with annual target half of Tencent's 2019 earnings [Update] | KrASIA

KEY STAT | ByteDance first quarter revenues up 130% with annual target half of Tencent&#8217;s 2019 earnings [Update]

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

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

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

On-Demand Services

Alipay hopes to increase adoption of the app among SME owners, while spurring consumer spending in China's coronavirus-hit economy.

Alipay to give out USD 1.4 billion in coupons to boost consumption, increase app adoption | KrASIA

Alipay to give out USD 1.4 billion in coupons to boost consumption, increase app adoption

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

Music

Less than 1% of music streamers in India pay for the paid subscription, but that is about to change.

Global music streaming platforms tune in to capture the India market | KrASIA

Global music streaming platforms tune in to capture the India market

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Avanish Tiwary

Multiple investors rated Tencent as "buy" or "overweight" following a robust global gaming performance in May.

KEY STAT | Pony Ma sold USD 550 million worth of Tencent shares in four days | KrASIA

KEY STAT | Pony Ma sold USD 550 million worth of Tencent shares in four days

Video

The potential deal could merge two of the two biggest video streaming sites in China.