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

WeRide has begun trial operations of fully driverless robotaxis in Abu Dhabi. The pilot expands coverage to Al Maryah and Al Reem Islands, building on…

Events

Latest

About

36Kr (EN)

Consumer

Robotics

Fintech

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

Consumer Economy

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

Creative

Where do style and commerce meet? Examine supply chains, sustainable sourcing, and digital trends influencing global fashion markets.

Fashion

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

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

Retail

China

Hong Kong

Once mistaken for a foreign brand, Pelliot is now bound for an IPO as one of China’s top outdoor apparel labels.

Budget brand no more? Pelliot readies Hong Kong IPO after profit surge

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.

36Kr English

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

Artificial Intelligence

What drives digital storytelling? Examine content creation, distribution channels, and media platforms connecting audiences worldwide.

Content

Who thrives in a digitally democratized landscape? Discover how independent creators, influencers, and educators monetize content and expertise.

Creator Economy

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

Deep Tech

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

Entertainment

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

Gaming

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

Live Streaming

How do visuals captivate global viewers? Dive into streaming services, production models, and evolving formats defining video engagement.

Video

The Tencent-backed company is recasting itself as a broader gaming platform amid tepid market conditions.

Huya’s streaming revenue dips as it shifts toward AI and gaming services

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

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

Investment

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

Central Asia

Singapore

South Korea

Southeast Asia

Thailand

Vietnam

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

Deals in brief: Granite Asia leads investment in VFlowTech, Alterno and BrioHR raise funding, latest China deals, and more

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

Header Section | KrASIA

Home

Sections

Header Section

WeRide has begun trial operations of fully driverless robotaxis in Abu Dhabi. The pilot expands coverage to Al Maryah and Al Reem Islands, building on existing routes serving Yas Island and Zayed International Airport. It also follows WeRide’s receipt of a UAE self-driving vehicle license in 2023 and its partnership with Uber since 2024.

<a href="/company/tiktok">TikTok</a> has introduced in-app meditation exercises aimed at promoting sleep and reducing screen time for users under 18. The features activate during late hours and interrupt usage after 10 p.m, and are being rolled out as the platform faces lawsuits and criticism over its mental health impact on teens.

<a href="/company/baidu">Baidu’s</a> AI search now features “DeepSearch,” a deep retrieval tool powered by a ten-billion-entry content base. It is designed to mimic human reasoning by breaking down queries and refining results through multi-step analysis. Unlike similar tools from OpenAI or Google, DeepSearch is reportedly free to use without limits.

<a href="/company/byd">BYD</a> has signed an agreement with Hungary to establish its European headquarters and a new R&amp;D center in Budapest. The company plans to collaborate with local universities and suppliers, offer job training, and create thousands of jobs, aiming to strengthen Hungary’s role in the global EV supply chain.

<a href="/company/nvidia">Nvidia</a> is planning a new R&amp;D center in Shanghai to adapt AI chip development to US export restrictions and support local market needs. CEO Jensen Huang discussed the project with Shanghai’s mayor last month and has warned that exiting China could cede ground to domestic rivals like <a href="/company/huawei">Huawei</a>.

<a href="/company/geely">Geely</a> plans to launch 3–4 new car models this year and expand exports, with 1–2 models slated for Q4 2025 and a six-seat Galaxy SUV set to debut in Milan. The rollout builds on a strong Q1, which saw NEV sales reach 339,000 units and Galaxy sales, led by the E8, more than triple YoY.

<a href="/company/xiaomi">Xiaomi</a> founder Lei Jun announced on <a href="https://weibo.com/1749127163/PrYfduSL4?pagetype=profilefeed">Weibo</a> that the company will launch its XringO1 mobile chip in late May. Designed in-house using Arm architecture and manufactured by TSMC on a 3-nanometer process, the chip is intended for premium phones and tablets as Xiaomi ramps up competition with Apple and Huawei’s custom silicon.

Fast fashion giant <a href="/company/shein">Shein</a> has leased nearly 15 hectares of warehouse space near Ho Chi Minh City, its first such facility in Vietnam, sources said. The move aims to position goods closer to global shipping routes and reduce exposure to US-China trade tensions. Shein remains heavily reliant on China-based suppliers and vulnerable to shifts in tariff policy.

TikTok owner <a href="/company/bytedance">ByteDance</a> is targeting 2025 revenue of USD 186 billion, a 20% increase from 2024, putting it just shy of Meta’s projected USD 187 billion. The company now reports over 4 billion monthly active users across its apps, despite slowing ad demand on Douyin and ongoing US pressure to divest TikTok.

China said on May 15 the US is misusing export controls after US authorities <a href="https://kr-asia.com/pulses/153489">warned of legal risks</a> tied to <a href="/company/huawei">Huawei’s</a> Ascend AI chips. A commerce ministry spokesperson said the move threatens supply chain stability and vowed to safeguard Chinese companies' interests. Huawei’s chips compete with <a href="/company/nvidia">Nvidia’s</a> in China.

Synyi AI, a <a href="/company/tencent">Tencent</a>-backed Chinese startup, launched a trial clinic in Saudi Arabia in April to test AI-led diagnoses and prescriptions under human doctor oversight. Backed by Almoosa Health Group, the pilot covers 30 respiratory conditions and is generating regulatory data. The company aims to enter commercial use within 18 months.

https://secure.gravatar.com/avatar/6ff53490f679f358bf543998d228fb32?s=96&d=blank&r=g

By rethinking overlooked tools, Cocinare is bringing specialty brewing into homes—and onto Amazon’s bestseller lists.

What if your coffee gear had algorithms? Cocinare is brewing that future now

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

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

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

Alibaba Cloud

Cainiao, Alibaba’s logistics arm, streamlines supply chains with data-driven solutions, offering efficient e-commerce delivery and cross-border shipping services.

Cainiao

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

Lazada, an e-commerce marketplace in Southeast Asia, links shoppers to a wide range of products, deals, and cross-border brands.

Lazada

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

Taobao

Tmall, Alibaba’s B2C platform, hosts premium brands and official stores, offering authenticated products to Chinese consumers seeking quality goods.

Tmall

How do firms boost efficiency? Assess cloud platforms, consulting solutions, and business intelligence tools powering corporate operations.

Cloud Solutions

Enterprise services is an over-arching term to describe an architecture combining engineering discipline and computer science to solve practical business problems. 

Enterprise Services

Steady performance in commerce and strong growth in AI-driven cloud services lifted Alibaba’s profit, though an EPS shortfall tempered investor sentiment.

WeRide expands robotaxi service in UAE

Latest Pulses

Most Recent

Huya’s streaming revenue dips as it shifts toward AI and gaming services

What if your coffee gear had algorithms? Cocinare is brewing that future now

Cloud and AI gains boost Alibaba’s profit, but EPS misses