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Marking ten years in Southeast Asia, Alibaba Cloud is launching new data centers in Malaysia and the Philippines and a global AI center in Singapore. …

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

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

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With massive demand and long lead times, Xiaomi is turning up the pressure on rivals in pricing, production, and positioning.

Xiaomi’s YU7 preorder frenzy signals a new phase in China’s EV race

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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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Cotti Coffee, founded by Luckin Coffee's original team, is a coffee chain known for its aggressive expansion, affordable pricing, and global ambitions.

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The Chinese coffee chain plans to deploy 1,100 regional managers as it works to shore up its low-cost, franchise-driven model.

After racing to 15,000 stores, Cotti Coffee gets serious about quality control

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Marking ten years in Southeast Asia, <a href="/company/alibaba">Alibaba Cloud</a> is launching new data centers in Malaysia and the Philippines and a global <a href="/industry/ai">AI</a> center in Singapore. The expansion aims to meet rising regional demand for advanced cloud infrastructure and AI capabilities.

Chinese <a href="/industry/ai">AI</a> firm <a href="/company/deepseek">DeepSeek</a> has resumed hiring on LinkedIn after months of inactivity, posting ten job listings for positions in Hangzhou and Beijing. The move may indicate a bid to attract overseas talent as global competition for AI engineers intensifies.

<a href="/company/byd">BYD</a> is closing in on Honda and Mitsubishi in Southeast Asia, selling over 11,000 vehicles in April across Indonesia, Malaysia, Thailand, and the Philippines. Backed by price competitiveness, local infrastructure growth, and new factories, the Chinese <a href="/industry/ev">EV</a> maker has also surpassed Mazda and Nissan in regional sales.

<a href="/company/xiaomi">Xiaomi</a> won’t consider exporting its <a href="/industry/ev">EVs</a> before 2027, CEO Lei Jun said in a live stream, citing strong demand for the SU7 and YU7 in China. The YU7 SUV triggered long wait times just days after launch, prompting backlash from buyers as the company works to scale production.

Indonesia plans to impose a 0.5% sales tax on <a href="/industry/e-commerce">e-commerce</a> sellers with annual revenue between IDR 500 million and IDR 4.8 billion to balance competition with offline merchants. <a href="/company/shopee">Shopee</a>, <a href="/company/tiktok-shop">TikTok Shop</a>, and the local e-commerce association have called for a gradual rollout and urged the government to provide support to ease the transition.

TikTok has initiated a third round of layoffs at the US unit of TikTok Shop as it restructures following missed sales targets. The company is also shifting management roles to <a href="/company/bytedance">ByteDance</a>-linked staff in China while facing a looming US divestment deadline.

WeRide has secured a permit to test its autonomous Robovan W5 in Huangpu, Guangzhou, marking its second approval in the city and making it the first company authorized for such trials in the district. The Level 4 delivery vehicle is designed for urban logistics, featuring modular cargo space and full-sensor safety systems.

<a href="/company/honor">Honor</a> has launched the Magic V5, a foldable phone measuring 8.8 millimeters when folded, making it one of the slimmest models to date. Debuting just ahead of Samsung’s Z Fold 7, the device features a 7.95-inch display, Snapdragon 8 Elite chip, and up to one terabyte of storage, with sales starting in China at RMB 8,999.

China’s Skyworth Group will acquire part of Funai Electric’s TV business, including its North American operations under the Philips brand, as Funai undergoes bankruptcy proceedings. Skyworth also plans to absorb Funai’s repair staff in Japan to support local expansion.

<p data-start="919" data-end="1242">JD Logistics has unveiled an autonomous electric van it says is designed to support Level 4 self-driving and offers 24 cubic meters of cargo space. Introduced at a transport expo on July 2, the new vehicle, along with expanded robot and drone fleets, marks JD’s latest push to scale smart logistics across China.</p>

Pop Mart’s Labubu IP has sparked resale hype in China, with reports of prices reaching RMB 7,800. A media probe found actual secondhand prices to be far lower. As demand surges, regulators in Hebei and Yiwu are cracking down on counterfeits, underscoring the risks of IP-driven retail.

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How do trustless ledgers transform industries? Investigate decentralized databases, smart contracts, and infrastructure powering secure transactions.

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Where do digital assets find value? Consider market volatility, decentralized exchanges, and blockchain protocols shaping crypto economies.

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With fresh mandates, pilot projects, and corporate license bids, stablecoins are shedding their crypto roots to reshape how money moves.

Hong Kong’s stablecoin regime takes shape as China eyes alternatives to dollar-based payments

The deal grants China Literature a 10% stake in the plush toy maker and sets the stage for co-developing original collectible IPs.

Alibaba Cloud expands Southeast Asia presence

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Deals in brief: Monit raises USD 2.5 million, GreenTeams and AI Hay land Series A rounds, latest China funding deals, and more

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