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

Ant International has denied reports of a potential stablecoin partnership with US-based Circle, calling the claims inaccurate and confirming it has n…

Events

Latest

About

36Kr (EN)

Consumer

Robotics

Fintech

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

Artificial Intelligence

How do virtual worlds expand reality? Discover AR/VR tools, content creation, and platforms layering digital information onto everyday life.

Augmented and Virtual Reality

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

Deep Tech

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

Hardware

China

The Leion Hey2 pushes smart glasses closer to making seamless multilingual conversations a reality.

Break the language barrier: Leion Hey2 brings live translation to eyewear

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

Anker

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

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

Faulty battery cells have sent Romoss into freefall, triggering a broader reckoning for Anker and other major players.

China’s power bank crisis: Romoss collapse exposes industry fault lines

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

Hong Kong

Indonesia

Singapore

Southeast Asia

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

Deals in brief: East Ventures invests in Sxored, Shieldbase and Transcelestial raise funding, HeySara enters Hong Kong with ILS acquisition, 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/ant-group">Ant International</a> has denied reports of a potential stablecoin partnership with US-based Circle, calling the claims inaccurate and confirming it has no such plans. The company, an affiliate of <a href="/company/alibaba">Alibaba</a>, recently said it will apply to issue fiat-referenced stablecoins in Hong Kong.

<a href="/company/xpeng">Xpeng Motors</a> announced that it surpassed 800,000 vehicle deliveries, marking a milestone for the Chinese <a href="/industry/ev">EV</a> maker. The company is also expanding beyond smart vehicles into flying cars and embodied intelligence.

JD Finance has reportedly launched a device leasing service through an indirectly controlled subsidiary of JD Technology. The move marks <a href="/company/jd">JD’s</a> formal entry into the consumer device rental market.

<a href="/company/tencent">Tencent</a>-backed Agibot is reportedly planning to acquire a 63.6% stake in Shanghai-listed Swancor Advanced Materials for roughly RMB 2 billion. The deal, which would give Agibot's CEO control of the firm, has fueled speculation of a backdoor listing, though the startup denies such intent. Approval from shareholders and regulators is still pending.

<a href="/company/nvidia">Nvidia</a> CEO Jensen Huang is meeting with US President Donald Trump at the White House on July 11, ahead of a trip to China where he’ll meet senior officials and attend a major industry event. The visit comes as Nvidia faces steep revenue losses from US chip export curbs and rising tensions in the US-China tech rivalry.

Mercedes-Benz plans to equip future car models in China with Flyme Auto, a smart cockpit system developed by <a href="/company/geely">Geely</a> units Ecarx and DreamSmart, starting with the long-wheelbase E-class in 2027. The move reflects a shift toward local tech partnerships as the automaker looks to close the gap with Chinese rivals in smart vehicle features.

TikTok has denied a <a href="https://www.reuters.com/world/china/tiktok-prepares-us-app-with-its-own-algorithm-user-data-2025-07-09/"><em>Reuters</em></a> report claiming it is developing a US-only version of its app with a separate algorithm and data system. The report linked the move to divestment pressures under US law, but TikTok said no such project is underway. <a href="/company/bytedance">ByteDance</a> has not commented on the specifics.

Sirsak, an Indonesian startup, has raised USD 600,000 in a pre-seed funding round led by Openspace Ventures to grow its tech-enabled packaging recovery system and expand waste collection. The startup aims to recover 4,000 tons of packaging waste, expand to 1,000 sites, and improve traceability while supporting EPR compliance across Indonesia.

British tech brand Nothing launched its Phone (3) in China at USD 799, alongside its first over-ear headphones, the Headphone (1). The midrange phone prioritizes design over performance, featuring a customizable LED subdisplay and software suite aimed at younger users.

Amazon is weighing a new investment in Anthropic that would build on its existing USD 8 billion commitment and deepen its role as a key shareholder and cloud solutions partner. The move would bolster its position against rivals like Google and Microsoft in the <a href="/industry/ai">AI</a> race.

<a href="/company/huawei">Huawei</a> is offering limited quantities of its Ascend 910B chips to potential buyers in the Middle East and Southeast Asia, including Saudi Arabia, the UAE, Thailand, and Malaysia. The company is reserving newer chips for domestic use. No deals have been finalized, and the effort is drawing increased scrutiny from US officials.

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

Europe

Mercedes-Benz will begin integrating Flyme Auto OS into its vehicles, starting with the long-wheelbase E-class in 2027.

Mercedes-Benz taps Flyme Auto OS to boost smart vehicle appeal

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

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

Consumer Economy

What fits the world in your pocket? Track device innovation, OS ecosystems, and connectivity shaping smartphone usage.

Smartphones

Priced to match the iPhone 16, Nothing’s Phone (3) targets design-conscious users who prioritize personality over specs.

Nothing brings its design-focused phones to China, starting with the Phone (3)

krasia ai artificial intelligence machine learning

Once dismissed, companies like MiniMax and AIsphere are proving that video generation models can scale with sustainable revenue.

Ant International refutes Circle tie-up

Latest Pulses

Most Recent

Mercedes-Benz taps Flyme Auto OS to boost smart vehicle appeal

Nothing brings its design-focused phones to China, starting with the Phone (3)

China’s video AI startups are doing what LLM firms haven’t: Making money