Alibaba

ByteDance

Huawei

Meituan

Tencent

Xiaomi

Most Followed

KrASIA Connection

100 AI Creators

China's Auto Sector

Inside China's Startups

Venture Roundup

Our Events

View All

Collections

News

Features

Insights

Ecosystem

Press Releases

Anker

DeepSeek

Li Auto

MiniMax

Pop Mart

Xpeng

On the Radar

U Power has partnered with SAIC Hongyan and Unex EV to deploy 4,200 electric heavy trucks in Thailand, including 3,000 for long-haul transport and 1,2…

Events

Latest

About

Consumer

Robotics

Fintech

Collaborate

Nvidia develops GPUs for gaming, AI, and data centers, fueling graphics, machine learning, and compute-intensive workloads.

Nvidia

The US market serves as both the backbone and the driving force behind global technological advancements.

How are driverless systems redefining mobility? Uncover sensor technologies, regulatory frameworks, and AI driving cars without human intervention.

Autonomous Vehicles

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

Deep Tech

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

What powers digital devices? Delve into chip design, manufacturing bottlenecks, and semiconductor breakthroughs fueling global electronics.

Semiconductors

How do goods and people flow worldwide? Examine transport networks, logistics innovations, and policies shaping global connectivity.

Transportation

China

Fears of more US restrictions are pushing companies to develop in-house solutions.

China's automakers speed up efforts to replace Nvidia chips

Decoding China&#039;s tech and business pulse

KrASIA

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

Nikkei Asia

How does automation advance industry? Analyze robotic arms, drones, and AI-driven tools reshaping manufacturing and services.

Europe

While competitors chased autonomy, Mowrator stood out early with remote-controlled models.

Why Mowrator chose the US over Europe for its lawn robots

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

Singapore

Southeast Asia

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

Deals in brief: Naluri and Prefer raise funding, Antler invests in seven AI startups, six 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

U Power has partnered with SAIC Hongyan and Unex EV to deploy 4,200 electric heavy trucks in Thailand, including 3,000 for long-haul transport and 1,200 for port logistics. The trucks will feature battery swapping technology. U Power will lead infrastructure development, with further expansion planned across Southeast Asia, Latin America, and Europe.

Butterfly Effect, the company behind agentic platform Manus, said it has reached an annual revenue run rate of USD 90 million, its first disclosure of business scale. Most of the revenue comes from Manus subscriptions, following a USD 75 million funding round earlier this year.

Yimutian, China’s largest agricultural B2B platform by revenue and active merchants, listed on Nasdaq on August 19 under the ticker YMT. The IPO raised about USD 22 million, which will fund expansion of its Wolaicai brokerage service and support global growth.

<a href="/company/meituan">Meituan’s</a> food delivery brand Keeta has launched in Doha, Qatar, its second Middle East market after Saudi Arabia. Meituan said Keeta will support local restaurants, couriers, and digital growth as it expands across the GCC region, with a Brazil launch planned in the coming months.

<a href="/company/tencent">Tencent’s</a> TiMi Studio Group has reached 100 million monthly active users overseas, its first disclosure of international player numbers. The developer plans to launch <em>Honor of Kings: World</em> on multiple platforms, targeting Europe, North America, Japan, and South Korea, as Tencent expands abroad amid slowing growth in China.

<p data-start="1874" data-end="2189"><a href="/company/bytedance">ByteDance</a> denied reports that it is developing a Doubao-branded smartphone with ZTE, stating it has no plans to launch its own device. The company said Doubao will focus on integrating <a href="/industry/ai">AI</a> into partner hardware rather than building in-house phones.</p>

China’s smart glasses market grew 148% YoY in H1 2025 to 468,000 units, according to Runto Technology. Driven by rising consumer demand and new product rollouts, brands like <a href="/company/xiaomi">Xiaomi</a> and Rokid are expanding rapidly. Suppliers including Biwin and Lens Technology reported strong orders. Annual sales may reach 1.4 million units.

Ping An Good Doctor posted H1 2025 revenue of RMB 2.5 billion, up 19.5% YoY, with net profit rising 136.8% to RMB 134 million. Paying users grew 35.1% as the company expanded corporate health services and launched new <a href="/industry/ai">AI</a>-powered medical tools. Family doctor membership exceeded 35 million users.

<a href="/company/nvidia">Nvidia</a> is reportedly developing a China-focused AI chip, the B30A, based on its Blackwell architecture and more powerful than the H20. Samples could ship as early as September. The company said it evaluates products in line with government rules. The move follows Trump’s remark that he would consider permitting a scaled-down Blackwell variant for the Chinese market.

<a href="/company/deepseek">DeepSeek</a> has released an enhanced V3.1 <a href="/industry/ai">AI</a> model for testing, featuring a longer context window to support larger inputs and longer conversations. Documentation has not yet been published, and the company’s delayed R2 model remains unreleased.

WuXi Biologics posted H1 2025 revenue of RMB 9.95 billion, up 16.1% YoY, with IFRS net profit rising 54.8%. EBITDA grew 50.5% and gross margin reached 42.7%. The company added a record 86 new integrated projects and raised its FY25 revenue growth target to 14–16%, citing demand for complex biologics and late-stage manufacturing.

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

Artificial Intelligence

What drives digital storytelling? Examine content creation, distribution channels, and media platforms connecting audiences worldwide.

Content

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

Creative

Who thrives in a digitally democratized landscape? Discover how independent creators, influencers, and educators monetize content and expertise.

Creator Economy

How do visuals captivate global viewers? Dive into streaming services, production models, and evolving formats defining video engagement.

Video

CrePal tackles video creation bottlenecks with automation that operates more like a director than a traditional tool.

From text to cut: CrePal’s AI agent turns single prompts into complete videos

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

https://secure.gravatar.com/avatar/f0ec64bc524c1edf0ae454b5b9aabacd?s=96&d=blank&r=g

AI Now!

Airseekers’ struggles show why hardware startups are prone to stumbling at scale.

Robotic mower startup Airseekers stalls as production costs spiral

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

The legacy brand is pursuing reinvention to stay relevant with younger consumers.

U Power to deploy electric trucks in Thailand

Latest Pulses

Most Recent

From text to cut: CrePal’s AI agent turns single prompts into complete videos

Robotic mower startup Airseekers stalls as production costs spiral

China’s lingerie market is shifting. Can Aimer keep up?