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

At a May 18 event, CATL chairman Robin Zeng said electric heavy trucks could account for 50% of China’s market by 2028, up from 10% in 2024. His remar…

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

At a May 18 event, <a href="/company/catl">CATL</a> chairman Robin Zeng said electric heavy trucks could account for 50% of China’s market by 2028, up from 10% in 2024. His remarks came alongside the launch of a new standard swappable battery for medium- and heavy-duty trucks.

<a href="/company/catl">CATL’s</a> planned Hong Kong IPO comes as the company expands beyond EV batteries into charging robots. Its CharGo unit aims to deploy up to 15,000 units globally by 2026, targeting leadership in China’s mobile charging market. EV batteries accounted for around 70% of its 2024 revenue.

Chinese esports firm NIP Group will establish its global headquarters in Abu Dhabi under a five-year agreement, aiming to tap broader markets. Co-founder Hicham Chahine said the UAE base offers strategic access to diverse gaming regions as the company works toward profitability.

<a href="/company/tiktok">TikTok</a> has expressed willingness to discuss its Brazil operations with officials, following calls for tighter regulation after the death of an eight-year-old girl, allegedly linked to a TikTok challenge, raised concerns about risks to women and children.

Huya reported RMB 1.51 billion in Q1 2025 revenue, nearly flat YoY, as gains in game-related services offset declines in live streaming. Net income fell sharply to RMB 927,000 from RMB 71 million a year earlier, while non-GAAP profit dropped 74%.

<a href="/company/huawei">Huawei's</a> chip unit HiSilicon doubled its revenue in 2024, boosted by its return to the premium smartphone segment with the Kirin-powered Pura 70 and Mate 70. Counterpoint Research said HiSilicon now holds 12% of the global Android SoC market but faces continued pressure from US trade curbs and competition from Qualcomm and MediaTek.

<a href="/company/nvidia">Nvidia</a> said it is not sending GPU designs to China, pushing back on reports it might do so amid <a href="https://kr-asia.com/pulses/153570">plans for a new R&amp;D center</a> in Shanghai. The company confirmed it is leasing space for staff but stressed that no IP will be transferred. China remains a key market for Nvidia and other chipmakers despite mounting regulatory uncertainty.

<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.

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.

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

ByteDance, a Chinese internet company, uses machine learning to recommend engaging videos, news, and social content (via TikTok and Douyin).

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

Pinduoduo revolutionizes e-commerce with social group buying, connecting budget-conscious shoppers to discounts on a broad range of products.

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

Shein

Temu, an emerging e-commerce marketplace, offers curated deals and value-focused shopping experiences for a global consumer base.

Temu

TikTok hosts short-form videos spanning entertainment, education, and branded content, capturing global audiences and driving cultural trends.

TikTok

TikTok Shop, the e-commerce arm of TikTok, enables in-app shopping by connecting users with brands and creators through live commerce and short videos.

TikTok Shop

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.

On-demand Services

The end of the de minimis import duty exemption has dealt a heavy blow to Chinese vendors.

US tariffs force China's e-retailers to revamp overseas sales model

US tariffs force China&#8217;s e-retailers to revamp overseas sales model

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

https://secure.gravatar.com/avatar/aec5e55596415464d13490d0e0caa9a2?s=96&d=blank&r=g

Nikkei Asia

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

China’s electric truck sales to surge: CATL

Latest Pulses

Most Recent

US tariffs force China’s e-retailers to revamp overseas sales model

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