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

Atome has secured USD 75 million in asset-backed financing from Lending Ark to expand credit access in the Philippines, advancing its push for respons…

Events

Latest

About

36Kr (EN)

Consumer

Robotics

Fintech

BYD, a Chinese EV maker, produces electric cars, buses, and batteries, accelerating adoption of sustainable transportation worldwide.

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

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

Discounts of up to 34% add to pressure that could squeeze out weaker players.

BYD price bombshell raises specter of wider China EV consolidation

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

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

Hardware

With a Kickstarter hit in UV printing and new boundary-free robotic mowers, Anker’s sub-brands are reentering markets where it once stumbled.

Eufy and EufyMake mark Anker’s second act in lawn mowers and UV printing

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

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

Atome has secured USD 75 million in asset-backed financing from Lending Ark to expand credit access in the Philippines, advancing its push for responsible, risk-managed lending. Lending Ark, part of CITIC Securities CLSA, has deployed USD 1 billion across Asia in similar structures.

<a href="/company/shein">Shein</a> has denied reports that it plans to export India-made apparel through its partnership with Reliance, stating the collaboration is limited to brand licensing and local sales. The company said it is not involved in manufacturing or overseas shipments from India.

Natural rubber prices are sliding as <a href="/industry/ev">EV</a> maker <a href="/company/byd">BYD’s</a> sharp price cuts raise fears of a broader automotive sector price war and weakening tire demand. Rubber futures fell 4% on the Osaka Exchange to a four-month low. With tires accounting for 70% of rubber use, rising seasonal supply and softening US car sales may drive further declines.

US-China trade talks will continue in London for a second day as negotiators seek to ease tensions over tech exports and rare earth supplies. The US is weighing the removal of some export curbs if China lifts rare earth restrictions. Both sides called day one productive, though curbs on <a href="/company/nvidia">Nvidia’s</a> AI chips are expected to remain in place.

<a href="/company/openai">OpenAI</a> has upgraded ChatGPT’s voice mode with more natural speech, featuring refined intonation, cadence, and emotional expressiveness. It now also supports continuous translation. Available to all paid users, the update doesn’t fully resolve known issues such as hallucinated audio or pitch variation.

Swedish <a href="/industry/ai">AI</a> startup Lovable is in early talks with US investors to raise at least USD 100 million at a valuation of USD 1.5 billion or more, according to sources. Founded in 2023, its no-code platform has reached USD 61 million in ARR and serves about 130,000 paying users. CEO Anton Osika cited strong investor interest but said funding isn’t urgently needed.

RedNote, also known as <a href="/company/xiaohongshu">Xiaohongshu</a>, has opened its first office outside mainland China in Hong Kong to accelerate cross-border business and regional growth. Invited by financial secretary Paul Chan, the company aims to support local innovation, expand across Asia, and offer talent programs through university partnerships.

Manifold Tech has raised a seven-figure RMB sum in pre-Series A funding from Hony Capital, following earlier backing from ZhenFund and Junsan Capital. The Shenzhen-based startup builds 3D spatial sensing systems for robots and drones, including Odin 1, a module that integrates perception and memory. The funds will support manufacturing and global rollout, with mass production set for July.

China has launched a three-year pilot to deploy eldercare robots in homes, communities, and institutions, aiming to ease labor shortages and improve quality of life for seniors. Backed by state ministries, the initiative includes over 200 trials and promotes standards development. By 2035, seniors will make up over 30% of the population.

<a href="/company/grab">Grab</a> and <a href="/company/goto">GoTo</a> dismissed reports of acquisition talks, refuting media claims of a potential USD 7 billion deal. Grab said it is not in discussions or agreements with GoTo, and Indonesia’s Danantara fund also denied involvement. Grab reaffirmed its focus on Indonesia, citing double-digit GMV and ride growth in April and May.

Generative <a href="/industry/ai">AI</a> firm SiliconFlow has raised a nine-figure RMB sum in a funding round led by <a href="/company/alibaba">Alibaba Cloud</a>, with follow-on investment from Sinovation Ventures, Puhua Capital, China Growth Capital, MiraclePlus, Glory Ventures, and continued backing from <a href="/company/meituan">Meituan</a>. China Renaissance acted as financial adviser. Proceeds will go toward hiring, R&amp;D, and global expansion.

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

Retail

Fashion labels, coffee chains, and lifestyle startups are reimagining what it means to belong in a historic neighborhood that still feels lived in.

Adidas lands on Anfu Road, joining the retail mix shaping Shanghai’s storied street

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

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

Deep Tech

What hovers over new frontiers? Explore drone logistics, aerial data collection, and surveillance tools shaping multiple industries.

Drones

How do connected devices shape daily life? Examine IoT sensors, data platforms, and security protocols integrating smart tech into homes and cities.

Internet of Things

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

Odin 1 equips robots with a spatial memory system modeled after the hippocampus, improving navigation and mapping performance.

Memory for machines: Manifold Tech’s Odin 1 brings spatial recall to robotics

krasia ai artificial intelligence machine learning

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

Artificial Intelligence

From Google to Alibaba, commercialization is key after the "DeepSeek shock."

US versus China: Who's leading the race to make AI agents a reality?

US versus China: Who&#8217;s leading the race to make AI agents a reality?

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

Atome secures funds to grow in the Philippines

Latest Pulses

Most Recent

Adidas lands on Anfu Road, joining the retail mix shaping Shanghai’s storied street

Memory for machines: Manifold Tech’s Odin 1 brings spatial recall to robotics

US versus China: Who’s leading the race to make AI agents a reality?