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

Indonesia has broken ground on a USD 5.9 billion EV battery project backed by CATL, Huayou Cobalt, and state-owned Antam. Spanning Halmahera and West …

Events

Latest

About

36Kr (EN)

Consumer

Robotics

Fintech

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.

China

IPO filings, shutdowns, and a deepening price war signal the start of a high-stakes consolidation phase in outdoor robotics.

Boom, bust, and breakout: China’s lawn robot race hits a tipping point

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

Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

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

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

East Asia

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

Consumer Economy

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

Creative

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

Entertainment

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

Retail

Koitake, the IP-driven toy unit under Alibaba’s Hujing business, has been phased out as the tech giant shifts its attention to higher-margin verticals.

Alibaba dials back designer toy ambitions, shuts Koitake to sharpen focus

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

India

Malaysia

Singapore

Southeast Asia

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

Deals in brief: Shiok Burger and 3cat raise funding, Timah Partners gets USD 50 million to tackle SME succession, 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

Indonesia has broken ground on a USD 5.9 billion EV battery project backed by <a href="/company/catl">CATL</a>, Huayou Cobalt, and state-owned Antam. Spanning Halmahera and West Java, the project focuses on nickel processing and battery cell production. NGOs including Greenpeace and CRI have warned of environmental risks near the Weda Bay industrial site.

US President Donald Trump said a buyer has been identified for <a href="/company/tiktok">TikTok’s</a> US operations but did not share details, citing a two-week wait and possible need for Chinese approval. The sale, mandated under a US law citing national security concerns, has faced delays amid broader trade tensions. A previous deal involving Oracle and Blackstone reportedly stalled earlier this year.

<a href="/company/nvidia">Nvidia</a> has hired Chinese <a href="/industry/ai">AI</a> researchers Zhu Banghua and Jiao Jiantao, co-founders of Nexusflow AI, to work on post-training, evaluation, and agentic systems. The move highlights rising demand for Chinese talent in US AI labs, as firms like Google and Meta also step up recruitment of Chinese researchers in advanced AI fields.

<a href="/company/shein">Shein</a> plans to submit a draft prospectus confidentially for a Hong Kong IPO, according to sources, marking a rare waiver of the city’s disclosure rules. If approved, it would be the fast fashion firm’s third attempt to go public after stalled bids in the US and UK due to regulatory setbacks.

Germany’s data protection office has alleged that <a href="/company/deepseek">DeepSeek</a> illegally transfers user data to China and has asked Apple and Google to review the app’s status in their stores. The move could lead to a broader EU ban if other regulators follow suit. DeepSeek, which launched a low-cost <a href="/industry/ai">AI</a> model earlier this year, is facing growing scrutiny over its data handling in Europe.

Anker Innovations has signed a deal with ATL to source 45 million lithium-ion batteries after recalling over one million power banks linked to overheating risks. The move marks a supply chain shift aimed at restoring product safety and consumer trust. ATL, a major supplier to Apple and Samsung, replaces a former vendor that Anker has since cut ties with following the recall.

China’s Big Fund III is shifting its focus to key <a href="/industry/semiconductors">semiconductor</a> chokepoints, including lithography and chip design software, in response to tightening US export controls. Backed by the Ministry of Finance and state-owned banks, the RMB 344 billion fund will prioritize longer-term investments after earlier rounds delivered limited breakthroughs. Initial deals are expected in the coming months.

China Medical System (CMS) has filed for a secondary listing on the SGX via introduction, with no new share issuance planned. Pending exchange approval, the move aims to attract Southeast Asian capital and support the group’s regional expansion. CMS has secured regulatory clearance from the CSRC and runs its Southeast Asia and Middle East operations from Singapore.

&nbsp;

&nbsp;

&nbsp;

&nbsp;

Singapore will begin deploying autonomous vehicles in public housing estates by the end of 2025, starting with Punggol and expanding to Tengah. Acting transport minister Jeffrey Siow announced the move during a visit to WeRide’s Guangzhou headquarters, part of a partnership to integrate driverless vehicles into the national transport network and address labor shortages with self-driving solutions.

<p data-start="527" data-end="871"><a href="/company/tiktok-shop">TikTok Shop</a> has launched in Japan, enabling in-app purchases through videos, live streams, and brand profiles. The service supports discovery-driven <a href="/industry/e-commerce">e-commerce</a> with features like product tags, affiliate programs, and a dedicated shop tab. Early adopters include Kate, Unilever, and Nissin as TikTok expands its local retail presence.</p>

<a href="/company/honor">Honor’s</a> 400 series smartphones have surpassed one million global activations, marking the brand’s fastest milestone in three years. In the Philippines, launch-day sales rose 1,052% YoY compared to the Honor 200. The new models, released in May, feature Snapdragon chips and 7,200 mAh batteries.

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

Energy

The legislation would strip away tax credits, making investors think twice.

Trump's "Big Beautiful Bill" threatens to pull plug on China solar players

Trump&#8217;s &#8220;Big Beautiful Bill&#8221; threatens to pull plug on China solar players

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

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

Nikkei Asia

Li Auto develops electric vehicles that combine smart cockpit systems, advanced safety features, and long-distance battery support.

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

President Ma Donghui takes control of product, supply, and sales as the company prepares new EV releases.

Li Auto unites R&D and sales to counter Xiaomi’s YU7 momentum

Li Auto unites R&#038;D and sales to counter Xiaomi’s YU7 momentum

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

Xpeng Motors builds intelligent EVs equipped with advanced infotainment systems, autonomous features, and sleek electric mobility designs.

Xpeng Motors

Indonesia

With fresh funding in hand, Omoway aims to bring automotive-grade technology to everyday two-wheelers.

Indonesia breaks ground on CATL project

Latest Pulses

Most Recent

Trump’s “Big Beautiful Bill” threatens to pull plug on China solar players

Li Auto unites R&D and sales to counter Xiaomi’s YU7 momentum

Former Xpeng execs launch Omo X smart e-motorbike in Indonesia