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

Huawei 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…

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

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

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

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

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 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

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

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

India

Oceania

Singapore

Southeast Asia

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

Deals in brief: RadNet acquires See-Mode, Syfe raises additional Series C funding, latest China deals, 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

<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/meituan">Meituan</a> plans to launch two to three new drone delivery routes in Dubai in H2 2025, expanding its overseas footprint after <a href="https://kr-asia.com/meituans-drone-delivery-debuts-in-dubai-eyeing-a-future-in-last-mile-logistics">debuting the service there in December 2024</a>. The new routes are expected to operate along the Dubai Marina. Meituan is also adding routes in Hong Kong and Shanghai under its Keeta brand, anticipating that 10–15% of global instant deliveries will eventually go by air.

The Switch 2, Nintendo's follow-up to its hit console, went on sale globally on June 5. Early demand outpaced supply in Japan and China, with US retailers reporting sellouts. Priced at USD 449, it is Nintendo’s most expensive console yet. The company expects to sell 15 million units this fiscal year, though analysts say that may be conservative amid US tariff uncertainty.

&nbsp;

&nbsp;

&nbsp;

&nbsp;

<a href="/company/kuaishou">Kuaishou’s</a> Kling AI surpassed a USD 100 million annualized run rate in March 2025, just ten months after <a href="https://kr-asia.com/kuaishous-kling-ai-video-generator-launches-globally-to-challenge-openais-sora">launch</a>. Monthly subscription bookings topped RMB 100 million in both April and May. The latest Kling AI 2.1 model features enhanced visuals, improved semantic precision, and 1080p support, and now serves over 10,000 global clients.

Chinese <a href="/industry/energy">energy</a> financing in Africa has dropped 85% since 2015, steering the continent toward private capital and clean energy, according to the IEA. Public and DFI funding fell to USD 20 billion in 2024, while private clean energy investment more than doubled to USD 40 billion, led by solar power and <a href="/industry/ev">EVs</a>.

Builder.ai filed for Chapter 7 bankruptcy in Delaware after creditors seized most of its cash. Once valued at USD 1.5 billion, the Microsoft-backed firm had overstated 2024 sales by 300% and was linked to alleged fictitious deals with VerSe. Despite a board shakeup and audit, the startup collapsed after raising USD 450 million. Its founder stepped down in February.

Chinese President Xi Jinping and US President Donald Trump spoke by phone on June 5 and reaffirmed their commitment to the Geneva trade agreement. Xi called for steady leadership and urged the US to lift punitive measures, while Trump voiced support for deeper engagement. Both sides agreed to hold another round of talks soon.

Coinbase CEO Brian Armstrong plans to fund a startup focused on gene editing in human embryos, a first for the private sector in a field long shaped by <a href="https://www.science.org/content/article/crispr-bombshell-chinese-researcher-claims-have-created-gene-edited-twins">the CRISPR controversy</a>. He is recruiting scientists to apply base editing, a DNA-altering method considered more precise than earlier tools, to target genetic disease. The effort may test legal and ethical limits in the US.

FountainVest Partners plans to sell half its stake in Amer Sports for about USD 1.3 billion, reducing its holdings to 6.2%. The Chinese firm joined Anta, <a href="/company/tencent">Tencent</a>, and Chip Wilson in the 2018 acquisition. In Q1 2025, Amer’s revenue rose 23% YoY to USD 1.47 billion. Arc'teryx was a key driver, generating over USD 2 billion in 2024 sales.

<a href="/company/meituan">Meituan’s</a> Dianping app has launched a “premium delivery” feature in cities like Guangzhou and Shenzhen, showcasing top-rated, licensed vendors across six categories. Orders are completed in-app, with daily vouchers offered to boost usage. The update leverages Dianping’s review data to build a closed content-commerce loop.

Talent New Energy has unveiled its "cold core" battery technology to improve fast charging and thermal management in cylindrical <a href="/industry/ev">EV</a> cells. Its 4695 and 50190 series support 6C charging, reaching 80% charge in nine minutes, and operate across extreme temperatures, addressing limitations of the cylindrical format.

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

Deep Tech

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

The startup is building bots that prioritize emotional presence over technical perfection, hoping that’s what wins over families.

Joyin races to rewire the home with emotionally aware robots

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

How do we store tomorrow’s power? Evaluate battery R&amp;D, manufacturing progress, and recycling strategies fueling energy independence.

Batteries

How is power evolving? Review renewable sources, grid innovations, and efficiency measures driving cleaner, more resilient energy systems.

Energy

The Chinese firm hopes its “cold core” architecture will reshape expectations for the 4680 form factor.

Can cylindrical EV batteries make a comeback? Talent New Energy thinks so

The Shandong-born chain is expanding beyond its home turf, betting that supply chain depth and value pricing can win over diners nationwide.

Huawei to unveil Pura 80 on June 11

Latest Pulses

Most Recent

Joyin races to rewire the home with emotionally aware robots

Can cylindrical EV batteries make a comeback? Talent New Energy thinks so

Call it China’s Saizeriya: Chaoyixing scales fast food with low costs and margins