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

Alibaba Cloud has launched Wan2.2-S2V, the newest variant of its open-source AI model that creates expressive character videos from static images and …

Events

Latest

About

Consumer

Robotics

Fintech

Collaborate

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

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

Deep Tech

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

Video

China

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

Decoding China&#039;s tech and business pulse

KrASIA

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

AI Now!

How does interactive entertainment evolve? Assess gaming ecosystems, esports growth, and technology enhancing virtual play.

Gaming

The studio teased its next action title in the franchise after Black Myth: Wukong sold over 30 million copies in its first year.

From Wukong to Zhong Kui, Game Science expands the Black Myth universe

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

India

Indonesia

Malaysia

Singapore

Southeast Asia

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

Deals in brief: Blitz and Tazapay raise funding, Rezolve.ai acquires ViSenze, 11 new China investments, 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/alibaba">Alibaba Cloud</a> has launched Wan2.2-S2V, the newest variant of its open-source <a href="/industry/ai">AI</a> model that creates expressive character videos from static images and audio. The tool supports multi-character scenes, high-definition output, and is available on Hugging Face, GitHub, and ModelScope.

<a href="/company/li-auto">Li Auto</a> plans to start mass producing its M100 autonomous driving chip this year while continuing to equip current models with chips from <a href="/company/nvidia">Nvidia</a> and Horizon Robotics. CTO Xie Yan is leading a co-optimization strategy aimed at boosting efficiency and reducing reliance on external suppliers. Executives said in-house chips tailored to Li Auto’s algorithms will improve both performance and cost competitiveness.

Dreame has announced it plans to enter the <a href="/industry/ev">EV</a> market, starting with a luxury car model set to debut in 2027. Positioned against the Bugatti Veyron, the car will feature a proprietary <a href="/industry/ai">AI</a>-driven companion system that learns driver habits and emotions, and cross-ecosystem connectivity with smart devices. A team of nearly 1,000 is reportedly developing the project.

<a href="/company/nvidia">Nvidia</a> CEO Jensen Huang said there is a “real possibility” of bringing the company’s Blackwell <a href="/industry/ai">AI</a> processors to China, pending US export approvals. He added that China’s AI market could grow 50% in 2026, calling it a USD 50 billion opportunity.

<a href="/company/catl">CATL</a> has debuted the Tener Stack, a massive energy storage system, at this year's Smarter E South America expo. Engineered for Brazil’s grid and the region’s varied climates, the system combines high capacity with transport and safety innovations. CATL is also deepening its presence with regional teams across South America and a new office opening in Chile in September.

Free Fire, a title managed by Sea’s Garena arm, surpassed Call of Duty: Mobile in US gamer spending in July, ranking as the top-grossing mobile shooting game. Circana credited tie-ins with Naruto Shippuden and Netflix’s Squid Game for boosting sales.

XtalPi reported H1 2025 revenue of RMB 517 million, up 404% YoY, and adjusted net profit of RMB 141 million, its first half-year profit. Revenue growth was driven by a 615% surge in drug discovery solutions, milestone collaborations such as a USD 51 million deal with professor Gregory Verdine, and advances in <a href="/industry/ai">AI</a>- and <a href="/industry/robotics">robotics</a>-enabled R&amp;D platforms.

Musinsa has partnered with <a href="/company/anta">Anta Sports</a> to launch a joint venture to expand the South Korean fashion platform into the Chinese market. Musinsa will hold 60% and Anta 40%, with the venture overseeing both online and offline expansion. The deal is expected to close by September, pending regulatory approval.

Innovent Biologics reported H1 2025 revenue of RMB 5.95 billion, up 50.6% YoY, and net profit of RMB 1.21 billion. The company expanded its portfolio to 16 drugs, including three new oncology launches, advanced global pipeline trials, and reaffirmed its target of RMB 20 billion product revenue by 2027.

<a href="/company/xpeng">Xpeng</a> has launched the new P7 electric sedan in Guangzhou, offering four editions priced RMB 219,800–301,800. Built on an 800-volt platform with 5C charging and up to 820 kilometers of range, the <a href="/industry/ev">EV</a> features Xpeng’s Turing chips and VLA (vision-language-action) model for advanced driving assistance.

Tuya reported Q2 2025 revenue of USD 80.1 million, up 9.3% YoY, with net profit rising to USD 12.6 million from USD 3.1 million. Gross margin held at 48.4% and operating margin turned positive at 1.4%. The board declared a USD 0.054 cash dividend per share or ADS, totaling about USD 33 million and payable in October.

https://secure.gravatar.com/avatar/6ff53490f679f358bf543998d228fb32?s=96&d=blank&r=g

Embodied Intelligence

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

US and Chinese players race to define how AI takes physical form.

From sci-fi to factory floors: Humanoid robots at the crossroads of technology, capital, and ambition

KrASIA Connection curates technology and innovation updates from China.

https://secure.gravatar.com/avatar/95a233416d3f865e26cf30c8378b6b83?s=96&d=blank&r=g

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

Luckin Coffee provides app-based ordering, convenient pickup, and a broad beverage menu, reshaping China’s coffee consumption patterns.

Luckin Coffee

Starbucks offers coffee, espresso beverages, and pastries, emphasizing premium quality and creating a welcoming "third place" experience for customers.

Starbucks

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

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

Consumer Economy

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

Retail

Coffee

The fast-growing coffee chain hopes to woo the US market over and overcome skepticism of Chinese brands.

Luckin Coffee races into Starbucks' home turf with app-based strategy

Luckin Coffee races into Starbucks&#8217; home turf with app-based strategy

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

Alibaba Cloud releases Wan2.2-S2V

Latest Pulses

Most Recent

Deals in brief: Blitz and Tazapay raise funding, Rezolve.ai acquires ViSenze, 11 new China investments, and more

From sci-fi to factory floors: Humanoid robots at the crossroads of technology, capital, and ambition

Luckin Coffee races into Starbucks’ home turf with app-based strategy