Alibaba

Baidu

ByteDance

Meituan

Pinduoduo

Tencent

Most Followed

KrASIA Connection

China's Auto Sector

Earnings Reports

Inside China's Startups

Venture Roundup

Our Events

View All

Collections

News

Features

Insights

Ecosystem

DeepSeek

Kuaishou

Li Auto

Xiaohongshu

Xiaomi

Xpeng

On the Radar

Yunnan's coffee exports hit RMB 310 million (USD 43 million) in Q1 2025, rising 122.1% year-on-year amid rising global demand for high-quality beans. …

Events

Latest

About

36Kr (EN)

Consumer

Robotics

Fintech

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

China

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

East Asia

Shein, a fast fashion online retailer, updates its catalog frequently, offering trendy apparel and accessories to global style-conscious shoppers.

Shein

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

Consumer Economy

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

Retail

US tariffs are forcing small workshops to adapt or go out of business.

Shein suppliers closing "all over the place" in this China garment district

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.

Nikkei Asia

Photo of an outdoor setup showcasing Asmoke’s smart electric grill.

Asmoke is reengineering barbecue with sensors and startup swagger, betting that pitmasters are ready for a tech upgrade.

Can a smart grill from China earn a place in American backyards?

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.

36Kr English

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

Singapore

Southeast Asia

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

Deals in brief: Wavemaker Impact leads Arysun’s pre-seed round, Nuevocor raises USD 45 million, latest funding deals in China, 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.

Header Section | KrASIA

Home

Sections

Header Section

Yunnan's coffee exports hit RMB 310 million (USD 43 million) in Q1 2025, rising 122.1% year-on-year amid rising global demand for high-quality beans. Producers are scaling up premium processing and expanding international reach, with shipments now headed to markets in the US, Europe, Japan, and Southeast Asia.

Tencent’s Q1 2025 results show revenue up 13% to RMB 180 billion (USD 25.1 billion), with domestic and international games growing 24% and 23%, respectively. Advertising rose 20%, and fintech services added 5%. The company highlighted early returns from AI deployment in ads and games, and expanded investments in AI tools across the WeChat ecosystem.

Tencent reorganized its Weixin Group (WXG), forming an E-commerce Product Department to drive in-app transactions on WeChat, part of its broader push to expand digital commerce. The Open Platform Department will now focus on WeChat Official Accounts and Mini Programs. The changes aim to bolster Tencent's competitive edge in China’s growing social commerce market.

The Alibaba.com app saw a wave of orders from US buyers following tariff reductions on Chinese goods, briefly becoming the most downloaded shopping app in the US. The company plans to expand local warehousing and accelerate seller support to help Chinese exporters meet rising demand during a 90-day shipping window.

Chinese fitness app Keep, known for its digital workouts and training plans, will roll out an upgraded version of its AI-powered virtual coach “Kaka” later this month. Powered by its proprietary Kinetic.ai model, the assistant offers voice guidance, image recognition, and personalized fitness and diet planning. Keep (3650.HK) shares have risen over 16% in four trading days on investor anticipation.

Shares of BYD rose 5% in Hong Kong after the automaker topped car sales in Singapore for the first time, delivering 3,002 units in the first four months of 2025—surpassing Toyota and Tesla. In April, BYD also outsold Tesla across major European markets including Germany, the UK, France, Italy, and Spain, marking a new milestone in its global expansion.

Kuaishou's Kling series, a lineup of AI-driven video generation models, is rapidly gaining traction on Poe, a leading platform for exploring next-gen AI technologies. Kling 2.0 captured 20.9% of Poe's video AI usage within three weeks of its debut, pushing the Kling family to a 30% market share. In contrast, DeepSeek R1, which peaked at 7% earlier this year, saw its share drop to just 3% by the end of April, highlighting a shift in user preference toward more advanced video solutions.

<p data-start="134" data-end="536">Ant Digital Technologies launched its AI-powered fintech suite at the Dubai FinTech Summit 2025, introducing Agentar, a zero-code platform for intelligent financial applications, alongside ZOLOZ for digital identity verification and mPaaS for rapid mobile app development. The solutions aim to enhance security, scalability, and efficiency in financial services.</p>

Baidu announced plans to introduce its driverless taxi service Apollo Go in Switzerland and Turkey, marking its European debut. In Switzerland, Baidu is partnering with PostAuto, a unit of Swiss Post, to launch testing by year-end. This expansion builds on its successful deployments in Dubai and Hong Kong, as Baidu targets new international markets to extend its autonomous mobility reach.

Sinovac Group and Brazil's Eurofarma have entered a strategic partnership to launch a vaccine production platform in Brazil. Endorsed by President Lula, the collaboration aims to manufacture vaccines locally, bolstering Latin American health security and strengthening regional public health infrastructure. The initiative marks a significant step in expanding vaccine accessibility across the Global South.

<p data-start="102" data-end="496">Midea Medical's subsidiary Wandong Medical, a leading Chinese medical imaging firm, has signed a joint venture agreement with Brazil's VMI Group to locally develop and manufacture MRI, CT, and catheterization lab equipment. Building on 15 years of collaboration, the partnership aims to strengthen Brazil's high-end medtech capabilities and drive expansion into the Latin American market.</p>

Alibaba Cloud powers scalable cloud computing, data analytics, and cybersecurity solutions, supporting businesses’ digital transformation worldwide.

Alibaba Cloud

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

Artificial Intelligence

From learning tools to ad engines, teams prototyped AI applications aimed at solving practical challenges across industries.

AI in action: Inside the innovations from Alibaba Cloud’s Singapore Hackathon

https://secure.gravatar.com/avatar/cd0d29f7b9fd019c7c0d49a09a1ec8b1?s=96&d=blank&r=g

T. K. Lin

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

How does credit flow online? Explore digital lending tools, alternative scoring, and services accelerating capital access.

Lending

What streamlines global commerce? Examine digital wallets, cross-border remittances, and instant settlement technologies.

Payments

Indonesia

With a localized strategy and China-tested tech, Yup is expanding credit access across emerging markets in the region.

Can Yup become Southeast Asia’s answer to Nubank?

https://secure.gravatar.com/avatar/a6b9ace74da9df391d5f7ba1892f4393?s=96&d=blank&r=g

Europe

The UK grocer is testing a hybrid “Iceland Lab” concept to see if its icy staples can stand out in a hotly competitive market.

Yunnan coffee exports surge on rising global demand

Latest Pulses

Most Recent

AI in action: Inside the innovations from Alibaba Cloud’s Singapore Hackathon

Can Yup become Southeast Asia’s answer to Nubank?

Can Iceland crack China’s frozen food market?