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Natural rubber prices are sliding as EV maker BYD’s sharp price cuts raise fears of a broader automotive sector price war and weakening tire demand. R…

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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.

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

BYD price bombshell raises specter of wider China EV consolidation

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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.

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KrASIA tracks China’s tech and business stories—alongside key developments across the broader Asia Pacific region.

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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.

<a href="/company/shopee">Shopee</a> has reportedly launched a June 2025 “GMV Max” incentive for returning sellers across ten markets, including Brazil and the Philippines. Sellers who meet ad spend thresholds will earn ad credits, with an additional 10% rebate for hitting GMV targets. The program runs through June 30, with signup closing on June 16. Rewards will be issued in mid-July.

French <a href="/industry/ai">AI</a> firm Mistral has launched Magistral, a reasoning model it says rivals <a href="/company/openai">OpenAI’s</a> o1 and <a href="/company/deepseek">DeepSeek’s</a> R1. Unveiled at the London Tech Week, the new model is reportedly designed for math, coding, and step-by-step logic in European languages.

<a href="/company/byd">BYD</a> is deepening its partnership with <a href="/company/alibaba">Alibaba Cloud</a> by embedding advanced <a href="/industry/ai">AI</a> tools into its vehicles. New cockpit features include voice-activated wallpapers, emotional chat support, and a "mobile agent" system that executes complex tasks by visually navigating third-party apps. The updates aim to streamline user commands into seamless in-car experiences.

<a href="/company/gac">GAC</a> has opened new showrooms across Chile and Bolivia, advancing its Latin America expansion. Each site features localized elements, from high-altitude systems in La Paz to starlit driving displays in La Serena and test platforms in Puerto Montt. These features aim to merge innovation with local needs as GAC targets presence in over 100 cities in the region by 2027.

China is turning to its RMB 10.9 trillion housing provident fund to boost the property market as banks tighten mortgage lending. The fund now backs RMB 8.1 trillion in home loans, with cities easing rules and cutting rates to expand access. While demand remains soft, the fund is filling a key financing gap.

<a href="/company/huawei">Huawei</a> founder and CEO Ren Zhengfei downplayed US tech restrictions, pointing to chip stacking, cluster computing, and open-source software as viable paths forward. In an interview, he urged long-term support for fundamental research, called for patience with theorists, and said China’s infrastructure and youth offer key advantages in <a href="/industry/ai">AI</a> development.

<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.

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.

Once awash in hype and capital, players like Barley are returning to medical fundamentals to rebuild trust and value.

As China’s hair transplant boom fades, what comes next?

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

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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

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

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

Rubber prices fall on BYD price cuts

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As China’s hair transplant boom fades, what comes next?

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

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