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

RoboSense posted record Q1 2025 revenue of RMB 581 million, up 36.4% YoY, as LiDAR demand rose with broader smart driving adoption. The firm shipped o…

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

DJI sets industry standards in drone technology, offering aerial imaging, filming solutions, and advanced flight controls for professionals and hobbyists.

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

East Asia

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

Content

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

Creative

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

Creator Economy

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

Entertainment

What grounds digital progress in physical form? Analyze chipsets, sensors, and advanced components driving device performance.

Hardware

Can brief clips hold lasting impact? Analyze short-form content trends, creator communities, and platform strategies for rapid viewer engagement.

Short Video

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

Video

Filings frame the Osmo 360 as a blend of DJI’s gimbal roots with a form factor suited for motion-heavy creators.

DJI readies Osmo 360 launch, targeting GoPro in 360-degree camera market

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

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

Europe

With tariffs rising and European demand falling, e-bike makers must rethink pricing, supply chains, and global strategy.

E-bike exports hit a wall. Can Chinese brands adapt before it’s too late?

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

Indonesia

Malaysia

Oceania

Singapore

Southeast Asia

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

RoboSense posted record Q1 2025 revenue of RMB 581 million, up 36.4% YoY, as LiDAR demand rose with broader smart driving adoption. The firm shipped over 72,000 units and saw gross profit climb 42.6% to about RMB 176 million. Growth came from both passenger and commercial vehicle markets, pushing its gross margin to 30.3%.

34% of Germans surveyed are aware of <a href="/company/tiktok-shop">TikTok Shop</a>, but only about 4% have made a purchase since its March 31 launch, according to a study by OMD. Awareness is highest among those aged 18–29 at 47%, indicating strong early reach despite limited adoption.

<a href="/company/xiaomi">Xiaomi</a> has appointed Chen Guang, former CTO of FAW’s Nanjing research institute, to lead perception development for its assisted driving unit, replacing Rui Cai. The hire boosts Xiaomi’s efforts to advance end-to-end and VLA models amid safety scrutiny and intensifying competition.

Alarm is growing over China’s decision to restrict exports of rare earth magnets and alloys, as global automakers warn of looming production delays. The curbs, seen as trade leverage, affect critical components for cars, aerial vehicles, and military equipment. Shipments are stalled at ports as nations seek talks with Beijing for a breakthrough.

<a href="/company/nvidia">Nvidia</a> CEO Jensen Huang praised Nintendo’s upcoming Switch 2, calling its custom chip “unlike anything we’ve built before,” with breakthroughs in mobile ray tracing, HDR, and AI-driven gameplay. Priced at USD 449.99, the console launches June 5 as Nintendo’s first in eight years and supports backward compatibility.

Tiger Brokers plans to double its workforce in Hong Kong over the next two to three years to capture growing demand from offshore Chinese investors. The firm’s assets under custody in Hong Kong quadrupled YoY in Q1 2025, fueled by rising capital inflows, IPO activity, and interest from individual and corporate clients.

<a href="/company/nio">Nio</a> reported Q1 2025 revenue of RMB 12 billion, up 21.5% YoY, as deliveries rose 40% from a year earlier but fell from Q4 levels. Vehicle margin improved to 10.2%, though net loss widened 30.2% YoY to RMB 6.75 billion. The Chinese <a href="/industry/ev">EV</a> maker expects Q2 deliveries of 72,000–75,000 units, driven by new models including the <a href="https://kr-asia.com/nio-shakes-up-the-market-with-luxury-et9-sedan-and-firefly-compact-car-debut">ET9 and Firefly</a>.

<a href="/company/huawei">Huawei</a> will launch its Pura 80 smartphone series in China on June 11, with expected camera upgrades and a possible new in-house chip. The devices will run HarmonyOS Next, Huawei’s latest Android-free platform. The release signals the company’s push to reclaim share in China’s premium smartphone market amid ongoing US tech restrictions.

<a href="/company/xiaomi">Xiaomi</a> founder Lei Jun expects the company’s <a href="/industry/ev">EV</a> business to turn profitable in the second half of 2025, driven by strong SU7 sedan sales and narrowing losses. The outlook comes as <a href="/collections/china-automobile">China's EV price war</a> heats up, with <a href="/company/byd">BYD</a> announcing cuts and state media warning of risks to supply chains and China’s manufacturing image. Xiaomi plans to launch its first SUV in July.

China’s housing slump is easing in top cities like Shanghai, where inventory turnaround saw levels fall from 20 to 12.5 months over the six months ending January 2025. S&amp;P forecasts prices of new homes will remain flat this year and rise 1% in 2026 in first-tier cities, while prices in smaller cities may continue to decline. Recovery remains uneven and depends on sustained government support.

Chinese tea chain Naixue has opened its first store in Chiang Mai, inside Central Festival mall, marking its eighth location in Southeast Asia. Featuring staples and new drinks tailored to Thai tastes, the outlet recorded nearly THB 3.5 million in first-month revenue, with daily sales topping 2,000 cups. A New York store is now in the pipeline as it eyes the US market.

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

How are driverless systems redefining mobility? Uncover sensor technologies, regulatory frameworks, and AI driving cars without human intervention.

Autonomous Vehicles

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

Chen Guang joins Xiaomi to strengthen its assisted driving push as the company works to catch up with China’s leading EV players.

Xiaomi taps FAW veteran to steer its next phase in assisted driving

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

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

Consumer Economy

The move coincides with a USD 100 million investment from Fluidra to support Aiper’s push into smart yard technology.

Aiper relocates headquarters to Singapore as it expands from pools to smart yards

CHENG Zi is based in China, covering technology and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

https://secure.gravatar.com/avatar/a1c02e0609a846ab19ab44182633a8d5?s=96&d=blank&r=g

Cheng Zi

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

FateTell blends Chinese metaphysics with AI, transforming ancient insights into a scalable digital business.

Think AI can’t tell your fortune? This startup tapping Eastern metaphysics says otherwise

AI Now! is a global AI community of Chinese developers, professionals, and founders.

https://secure.gravatar.com/avatar/f0ec64bc524c1edf0ae454b5b9aabacd?s=96&d=blank&r=g

RoboSense sees record Q1 on LiDAR demand

Latest Pulses

Most Recent

Xiaomi taps FAW veteran to steer its next phase in assisted driving

Aiper relocates headquarters to Singapore as it expands from pools to smart yards

Think AI can’t tell your fortune? This startup tapping Eastern metaphysics says otherwise