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

Asia’s convertible and exchangeable bond sales have surged past USD 30 billion in 2025, led by Chinese firms tapping strong equity markets and low-cos…

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

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

Deep Tech

Enterprise services is an over-arching term to describe an architecture combining engineering discipline and computer science to solve practical business problems. 

Enterprise Services

China

The 22-year-old founder isn’t looking to make marketers more efficient. She wants Head AI to make them obsolete.

With Head AI, this Gen Z dropout aims to replace marketing teams entirely

Decoding China&#039;s tech and business pulse

KrASIA

AI Now! is a global AI community of Chinese developers, professionals, and founders.

AI Now!

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

JD.com, a Chinese e-commerce leader, ensures trusted transactions, efficient logistics, and a wide product selection for online shoppers.

JD.com

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

Consumer Economy

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

E-commerce

How does dinner arrive at your door? Study platform partnerships, last-mile delivery, and culinary trends powering the takeaway economy.

Food Delivery

How do goods cross borders seamlessly? Examine warehousing tech, route optimization, and data analytics building efficient supply chains.

Logistics

How do platforms deliver on immediacy? Analyze ride-hailing, instant deliveries, and gig models meeting consumer needs fast.

On-demand Services

What drives global exploration? Discover evolving tourism trends, hospitality services, and the shift toward personalized travel experiences.

Travel

In a candid address, JD.com’s founder maps a future grounded in core principles and innovation.

Richard Liu and 20 things he wants you to know about JD.com’s future

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

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

Asia’s convertible and exchangeable bond sales have surged past USD 30 billion in 2025, led by Chinese firms tapping strong equity markets and low-cost funding. Major issuers like <a href="/company/baidu">Baidu</a>, <a href="/company/alibaba">Alibaba</a>, and Ping An Insurance offered zero-interest deals. Analysts say demand remains strong, barring disruption from geopolitical risks.

Chinese tea chain Chagee has reopened in Ho Chi Minh City after a boycott in March tied to its mobile app. The company has launched a new store and is offering discounts to regain customers.

<a href="/company/nvidia">Nvidia</a> said it has US approval to resume H20 chip sales to China under license, reversing an April restriction days after CEO Jensen Huang met with President Donald Trump. A downgraded chip based on the Blackwell architecture is also being prepared to meet US export rules. Sales of top-tier chips remain restricted.

The US robotaxi market is projected to reach USD 36.5 billion by 2035, co-led by <a href="/company/tesla">Tesla</a> and Waymo, according to TrendForce. Tesla’s growth will depend on regulatory approval and mass production of its Cybercab by 2026. In China, the market is expected to hit USD 44.5 billion, driven by robust supply chains and active local players.

<a href="/company/bytedance">ByteDance</a> is reportedly developing a lightweight mixed reality headset resembling goggles, according to sources familiar with the matter. The move comes as Meta also works on a similar device, slated for release in 2027. ByteDance has yet to respond to requests for comment.

<a href="/company/jd">JD.com</a> is offering up to RMB 1.4 million in annual salary to hire short drama content strategists, ramping up efforts to merge entertainment with <a href="/industry/e-commerce">e-commerce</a>. Following earlier moves by <a href="/company/alibaba">Alibaba</a> and <a href="/company/pinduoduo">Pinduoduo</a>, JD.com plans to build an IP-driven production system and use data to boost user retention and platform traffic.

Stablecoins are gaining ground in Africa as businesses adopt them for cross-border payments. With global banks deprioritizing the continent, on-chain dollars could offer faster, cheaper, and more accessible alternatives, positioning stablecoins as emerging infrastructure for trade and financial autonomy.

BMW is partnering with Chinese tech firm Momenta to co-develop an <a href="/industry/ai">AI</a>-powered driver assistance system tailored for China. The system will offer point-to-point assist across urban and highway routes, combining BMW’s safety architecture with Momenta’s AI. It will launch on next-gen China-made BMW vehicles.

<a href="/company/tiktok">TikTok</a> is pushing for urgent talks with Canadian officials to avoid a shutdown of its local operations, warning it may need to lay off staff and halt investment. The company has proposed a Canada-specific data security plan but says it has yet to receive a government response. TikTok employs 350 people in Canada and serves around 14 million users.

Cognition AI has acquired what remains of <a href="/industry/ai">AI</a> coding startup Windsurf, including IP, staff, and assets. The deal follows Google’s hire of Windsurf’s co-founder and CEO, after a prior USD 3 billion acquisition by <a href="/company/openai">OpenAI</a> collapsed amid tensions with Microsoft. Windsurf reported USD 82 million in ARR, and all remaining employees will share in the deal.

<a href="/company/nvidia">Nvidia</a> CEO Jensen Huang met with government and industry leaders in Beijing to promote <a href="/industry/ai">AI’s</a> role in boosting productivity and innovation. He said Nvidia is reapplying to sell its H20 GPU in China and introduced a new RTX Pro chip for smart factories. Huang also emphasized global collaboration and open-source AI development.

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

Meituan, China’s all-in-one local services platform, covers food delivery, travel bookings, and lifestyle deals, simplifying daily consumer choices.

Taobao, Alibaba’s consumer-to-consumer marketplace, connects Chinese shoppers with diverse products, from fashion and electronics to everyday essentials.

Taobao

What changes the way we shop? Review fresh inventory management, dark stores, and logistics driving door-to-door grocery services.

Grocery Delivery

A single Saturday saw Taobao Shangou, Meituan, and JD.com log a combined 200 million orders, testing subsidy strength, logistics, and supply chains in real time.

Meituan scrambles on “Super Saturday” as Taobao Shangou tops 80 million daily orders

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

How is healthcare going digital? Investigate telemedicine, wearable sensors, and data-driven platforms improving patient experiences.

Health Tech

AI-powered therapy tools are emerging in the mental health space, but questions around empathy, safety, and readiness remain unresolved.

AI may offer a listening ear, but can it close mental healthcare gaps?

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

Retail

HotMaxx rolls out supersized outlets following success with near-expiry snacks and beverages.

Chinese discount retailer grows as demand rises for affordable goods

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

Chinese firms lead convertible bond boom

Latest Pulses

Most Recent

Meituan scrambles on “Super Saturday” as Taobao Shangou tops 80 million daily orders

AI may offer a listening ear, but can it close mental healthcare gaps?

Chinese discount retailer grows as demand rises for affordable goods