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36Kr (EN)

News

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

Investment

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

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

Merger &amp; Acquisition

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

Private Equity

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

Venture Capital

Indonesia

Malaysia

New Zealand

Oceania

Singapore

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

Deals in brief: DailyCo acquires Waku to grow in Indonesia, Neufast raises pre-Series A funding, latest China investments, and more

Home

Decoding China&#039;s tech and business pulse

KrASIA

An alias used when humans and machines team up in our newsroom. Articles under this byline may be shaped with the help of AI, but are always vetted by a human before publication.

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Sudo Lim

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

Deep Tech

How does automation advance industry? Analyze robotic arms, drones, and AI-driven tools reshaping manufacturing and services.

Robotics

The global vacuum market is maturing, and China’s top brands are now betting on new categories.

Record sales, shrinking profits: China’s robot vacuum leaders face their next test

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

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

Xiaomi

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

How is the way we move evolving? Explore developments in autonomous transportation, electric vehicles, and more efficient urban transit.

Mobility

How do goods and people flow worldwide? Examine transport networks, logistics innovations, and policies shaping global connectivity.

Transportation

Xiaomi says there’s no formal sales network in place, but the new facility appears to be part of a long-term Europe strategy.

Is Xiaomi’s new EV base in Germany a prelude to its European rollout?

What changes the way we shop? Review fresh inventory management, dark stores, and logistics driving door-to-door grocery services.

Grocery Delivery

Grocery Delivery | KrASIA

Consumer Services

On-demand Services

Meituan Youxuan raises 2021 GMV target to USD 31 billion

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

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

E-commerce

How do platforms deliver on immediacy? Analyze ride-hailing, instant deliveries, and gig models meeting consumer needs fast.

Chinese startups Xingsheng Youxuan and Nice Tuan are raising funds to compete with the likes of Meituan, Pinduoduo, and Didi.

KEY STAT | China's neighborhood group-buying players double 2021 targets as competition intensifies

KEY STAT | China&#8217;s neighborhood group-buying players double 2021 targets as competition intensifies

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Julianna Wu

Sequoia Capital finances transformative companies, guiding them through growth phases and global market entry.

Sequoia Capital

Tiger Global, a US-based venture firm, backs internet and software businesses scaling across multiple regions.

Tiger Global

Chinese grocery delivery unicorn Dingdong Maicai has closed its USD 700 million Series D round, investor Cygnus Equity announced on Tuesday on its official WeChat account. Shareholders Tiger Global, General Atlantic, Capital Today, and Sequoia China also joined the round, valuating Dingdong at USD 3.5 billion, according to investment data aggregator ITjuzi.

KEY STAT | Grocery delivery app Dingdong bags USD 700 million, seeks to expand market

Gojek, an Indonesian superapp, covers on-demand rides, food delivery, and financial services, enriching daily urban life.

Gojek

Southeast Asia’s tech ecosystem is a melting pot of startups and businesses of all sizes, all vying for rapid growth.

How does dinner arrive at your door? Study platform partnerships, last-mile delivery, and culinary trends powering the takeaway economy.

Food Delivery

How do goods cross borders seamlessly? Examine warehousing tech, route optimization, and data analytics building efficient supply chains.

Logistics

What redefines personal transport? Investigate pricing models, user experience, and new entrants reshaping door-to-door mobility.

Ride-hailing

Gojek started as a ride-hailing provider. It is now far more than that.

Many forks in the road: Gojek's ride to the stock market

Many forks in the road: Gojek&#8217;s ride to the stock market

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Ursula Florene

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

Retail

Just four months after its last round, group-buying startup Nice Tuan on Wednesday said that it raised another USD 750 million in its Series D round, from investors including Alibaba, DST Global, and GGV Capital, 36Kr reported.

KEY STAT | Alibaba-backed Nice Tuan closes another big-ticket investment

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

JD.com

E-commerce giant JD.com (NASDAQ: JD) and its on-demand delivery affiliate Dada Group (NASDAQ: DADA) on Monday released a joint announcement, indicating that JD has agreed to buy USD 800 million worth of ordinary shares from Dada, increasing its holding to 51% after the transaction.

KEY STAT | JD.com increases stake in logistics affiliate Dada

Malaysian grocery app Jocom on Thursday announced that it successfully listed on Singapore’s first regulated private securities exchange 1exchange, raising SGD 5.6 million (USD 4.2 million). The funds will go towards the group’s expansion to West Malaysian states like Johor and Penang and to overseas markets, including Indonesia and Australia.

Malaysian grocery app Jocom raises funds via listing on Singapore's 1exchange

Malaysian grocery app Jocom raises funds via listing on Singapore&#8217;s 1exchange

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Vulcan Post

Myanmar

Myanmar blocked mobile internet services on Monday, a day after 70 people have been killed in the bloodiest crackdown since the military coup on February 1, reported Radio Free Asia.

Myanmar blocks mobile internet after bloodiest night since coup

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KrASIA Writers

BigBasket delivers groceries online, supplying fresh produce, household essentials, and personal care items to Indian customers.

BigBasket

India’s tech landscape blossoms with e-commerce startups, fintech innovations, and IT services shaping a growing digital consumer base.

India

Indian conglomerate Tata Group has acquired a 68% stake in online grocery startup BigBasket, making the duo one of the strongest players in the booming e-grocery segment.

BigBasket's ingenious journey to crack India's complex e-grocery market

BigBasket&#8217;s ingenious journey to crack India&#8217;s complex e-grocery market

I cover Indian tech, startup, venture capital ecosystems for KrASIA.

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Moulishree Srivastava

Groceries worth RMB 25.3 billion (USD 3.9 billion) were ordered on the JD-Daojia platform and delivered home in 2020, an increase of 107% year-on-year (YoY), according to the earnings release of its owner Dada Group (Nasdaq: DADA) on Tuesday.

On-demand retail firm Dada says GMV on JD-Daojia doubled in 2020

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Grocery Delivery

KEY STAT | China’s neighborhood group-buying players double 2021 targets as competition intensifies

KEY STAT | Grocery delivery app Dingdong bags USD 700 million, seeks to expand market

Many forks in the road: Gojek’s ride to the stock market