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

Chinese EV maker Zeekr delivered 46,538 vehicles in May 2025, marking a 15.2% YoY increase and 12.6% growth from April. The total includes 18,908 unit…

Events

Latest

About

36Kr (EN)

Consumer

Robotics

Fintech

Indonesia

Southeast Asia

The prospect of US tariffs has added to the industry's deep-rooted challenges.

Indonesia seeks to stitch competing interests to boost textile sector

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

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

China

A flash of Douyin fame sparked the brand, but Vivicycle’s ambitions extend well beyond live stream buzz.

Vivicycle taps women’s sportswear gap with first store in Hangzhou

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

Australia

Malaysia

Oceania

Singapore

Vietnam

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

Deals in brief: Temasek’s Xora invests in GridCare, Airwallex raises Series F funding, Antler backs three early-stage SEA startups, 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

Chinese <a href="/industry/ev">EV</a> maker <a href="/company/zeekr">Zeekr</a> delivered 46,538 vehicles in May 2025, marking a 15.2% YoY increase and 12.6% growth from April. The total includes 18,908 units under the Zeekr brand and 27,630 from Lynk &amp; Co, as the company approaches 1.95 million cumulative users.

US President Donald Trump and Chinese President Xi Jinping are expected to speak this week to address trade tensions, including tariffs and mineral export restrictions, according to the White House. The call follows a 90-day truce agreed in Geneva but comes amid slow progress, ongoing legal challenges, and unresolved structural issues.

Neuralink has confirmed the closure of its Series E funding round at USD 650 million, with backing from Ark Invest, DFJ Growth, Founders Fund, G42, Human Capital, Lightspeed, QIA, Sequoia Capital, Thrive Capital, Valor Equity Partners, Vy Capital, and others. The funding will expand its clinical trials in the US, Canada, and UAE, and advance brain-computer interface applications for vision and speech restoration.

Wada FoodTech has raised USD 5 million in a pre-Series A3 funding round co-led by MindWorks ETEC Fund and Golden Resources, bringing its total backing to over USD 10 million. The company will use the funds to scale its hot-chain bento vending platform across Japan, the UK, EU, and Australia through franchising and AI-powered logistics.

<a href="/company/byd">BYD</a> plans to launch a low-cost electric kei car in Japan by 2026, targeting the USD 18 billion minicar segment that accounts for roughly 40% of local automotive sales. The <a href="/industry/ev">EV</a> will be tailored to Japan’s unique minicar specs and tax incentives, marking one of BYD’s first models designed specifically for export.

Truely has raised an additional USD 2 million from DG Daiwa Ventures, Goodwater Capital, Disrupt.com, and existing investor Beenext, bringing its total funding to USD 5.5 million. The travel tech firm offers eSIM data access without requiring SIM swaps and is expanding globally through consumer growth and B2B2C partnerships across travel and fintech sectors.

Globe Fintech Innovations, the company behind GCash, has approved a stock split to increase its authorized shares from 2.15 billion to 71.7 billion ahead of a potential IPO. The move maintains a PHP 2.15 billion capital base and is pending regulatory clearance, shareholder Ayala Corporation said.

<a href="/company/nvidia">Nvidia</a> is developing a China-specific <a href="/industry/semiconductors">AI chip</a>, the B30, that reportedly enables multi-unit clustering and complies with US export rules. Expected in July and based on the Blackwell platform, the chip is key to Nvidia’s efforts to retain market share amid H20 restrictions and mounting competition from <a href="/company/huawei">Huawei</a>.

Nearly two years after launching in the UK, <a href="/industry/e-commerce">e-commerce</a> platform <a href="/company/temu">Temu</a> is winning over local consumers, with 80% calling it good value and citing 25% average savings in the past year, according to Ipsos. Price remains the top reason for continued use among 60% of users, while 74% would recommend the platform and 40% plan to spend more in 2025.

Amber Premium posted Q1 2025 revenue of USD 14.9 million, rebounding to profitability after merging with iClick. Wealth management solutions led with USD 9.9 million, while client assets rose 11% to nearly USD 1.3 billion. Adjusted EBITDA reached USD 1.6 million, driven by product expansion and platform scale.

Lumos Robotics has secured nearly RMB 200 million across three angel funding rounds to scale its visuotactile <a href="/industry/robotics">robotics</a> platform. Its LUX series modules, designed for touch sensitivity, integrate haptic and visual input for fine control. The funds will support commercialization and deployment of its tech in logistics, manufacturing, and service robots.

Prada, Wynn, and others are betting on lifestyle experiences to offset slowing retail, but the real shift may be cultural.

As China’s luxury market cools, brands turn to food and wine to stir demand

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

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

DeepSeek, a Chinese AI company, develops large language models and machine learning solutions for enterprise applications and scientific research.

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

East Asia

Nvidia develops GPUs for gaming, AI, and data centers, fueling graphics, machine learning, and compute-intensive workloads.

Nvidia

The US market serves as both the backbone and the driving force behind global technological advancements.

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

What powers digital devices? Delve into chip design, manufacturing bottlenecks, and semiconductor breakthroughs fueling global electronics.

Semiconductors

Trump export controls are expected to slash USD 8 billion from H20 chip revenue in Q2.

US wins if DeepSeek runs on American AI chips, Nvidia CEO says

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

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

Lumos is advancing humanoid robots beyond vision and large models, integrating tactile sensing to give machines a new mode of real-world interaction.

Zeekr posts 15.2% rise in May deliveries

Latest Pulses

Most Recent

As China’s luxury market cools, brands turn to food and wine to stir demand

US wins if DeepSeek runs on American AI chips, Nvidia CEO says

Touch-enabled robots inch closer to reality as Lumos Robotics secures new funding