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

China

Dingdong Maicai, a fresh grocery delivery service, caters to busy urbanites seeking high-quality produce at their doorstep.

Dingdong Maicai

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

East Asia

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

Food Delivery

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

Grocery Delivery

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

On-demand Services

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

Retail

The company favors focus over frenzy, resisting price wars while doubling down on its strongest markets.

Dingdong Maicai defies fresh e-commerce collapse with focus on efficiency

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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Bloks is pushing into North America and Southeast Asia with low-cost licensed toy sets, but must prove it can build on more than borrowed IP.

China’s Lego rival turns the page with first profit and global push

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

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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.

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

Venture Capital

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

Deals in brief: Blitz and Tazapay raise funding, Rezolve.ai acquires ViSenze, 11 new China investments, and more

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.

Sudo Lim

KrASIA tracks China’s tech and business stories—alongside key developments across the broader Asia Pacific region.

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Mihoyo unveiled its latest game, <em>Honkai: Nexus Anima</em>, on August 29 with a debut trailer and gameplay demo. The title blends pet collection and auto-battling in a casual strategy format. Led by <em>Honkai: Star Rail</em> producer David Jiang, it also features town exploration, mount riding, and avatar customization. Closed beta signups are now open.

GoodMe reported RMB 5.66 billion in revenue and RMB 1.63 billion in net profit for H1 2025, up 41.2% and 119.8% YoY. Adjusted profit rose 42.4% to RMB 1.09 billion. The store count hit 11,179, with over 80% of new outlets in lower-tier cities. Daily GMV per store climbed to RMB 7,600, signaling greater efficiency.

Nongfu Spring reported RMB 25.6 billion in revenue and RMB 7.6 billion in net profit for H1 2025, up 15.6% and 22% YoY. Tea drinks, led by its flagship "Oriental Leaf Tea" beverage, became the company’s largest revenue source at RMB 10.1 billion, surpassing bottled water for the first time.

ChaPanda posted RMB 2.5 billion in revenue and RMB 333 million in net profit for H1 2025, with profit up 40% YoY and gross margin rising to 32.6%. The brand expanded to eight international markets, with 18 stores in South Korea and first US and France locations pending.

<a href="/company/pop-mart">Pop Mart’s</a> mini Labubu collectible, priced at RMB 1,106 per set, was reselling for up to RMB 2,500 ahead of its official launch on August 28. Each set includes 14 standard figures and one hidden model. The release is part of "The Monsters" series, which drove a 668% YoY revenue surge in H1 2025.

<a href="/company/nvidia">Nvidia</a> CEO Jensen Huang said White House talks on allowing sales of a reduced-capability version of its Blackwell GPU to China have begun but will take time. Trump has suggested permitting exports of chips 30–50% weaker than standard models. Huang said Nvidia is open to conditions, citing China’s USD 50 billion <a href="/industry/ai">AI</a> market potential.

Yadea, China’s leading two-wheeler maker, has opened a plant in Samut Prakan, Thailand, with plans to produce 600,000 e-scooters over three years. Its first model, the RS20, will launch at THB 41,900, about 30% below Honda’s mainline scooter. The move underscores intensifying Chinese-Japanese competition in Southeast Asia’s two-wheeler market.

On August 27, Wahaha chair Zong Fuli petitioned China’s top court and procuratorate to expedite a dispute over the employee shareholding committee’s 24.6% stake. The conflict traces back to contested 2018 buybacks and could decide whether Zong, who inherited 29.4% from her late father, becomes the group’s largest shareholder.

<a href="/company/sensetime">SenseTime</a> posted H1 2025 revenue of RMB 2.4 billion, up 36% YoY, driven by 73% growth in <a href="/industry/ai">generative AI</a>, which now accounts for 77% of its sales. Adjusted net loss narrowed 50%, while trade receivable collections hit a record RMB 3.2 billion, up 96%. Cash reserves rose to RMB 13.2 billion.

Chinese tea chain Heytea is under scrutiny after a media test found trans fatty acids in one of its milk tea drinks. The company said the content came from dairy milk, but critics pointed to earlier promises of zero trans fats. While levels meet national standards, the findings pose a challenge to Heytea's health-focused brand image.

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

The appliance maker that once outpaced Dyson now wants to leap into luxury EVs, wagering it can rival century-old marques.

Dreame chases an “Apple opportunity” in cars with plan for world’s fastest EV

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Anta, a Chinese sportswear brand, specializes in performance-driven design, equipping athletes and consumers with innovative sports apparel and footwear.

Anta

Despite strong first-half results, doubts remain over whether Anta can match its global rivals.

Anta holds China lead over Nike, but global ambitions leave investors wary

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

Embodied Intelligence

Its Jingzhou washing machine plant runs on a “factory brain” that connects AI agents for tasks ranging from dispatch to quality control.

Pulses

Most Recent

Dreame chases an “Apple opportunity” in cars with plan for world’s fastest EV

Anta holds China lead over Nike, but global ambitions leave investors wary

Midea’s “AI agent factory” signals a new model for global manufacturing