Alibaba

ByteDance

CATL

Huawei

Meituan

Tencent

Xiaomi

Most Followed

Market News

Listings (IPO)

Earnings Reports

Venture Roundup

Big Tech

Automotives

Retail and Commerce

Collections

News

Features

Insights

Press Releases

Anta

DeepSeek

Geely

Li Auto

Mixue Bingcheng

Pop Mart

Going Global

Top Toy opened its first store in Japan on August 30 at Tokyo’s Sunshine City, recording over JPY 11 million in sales on day one. The move follows an …

Latest

Collaborate

Earnings

Auto

Retail & Commerce

Image shows the Plaud Note recording card.

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

China

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

Tencent, a Chinese tech conglomerate, invests in gaming, social media, and cloud services, supporting entertainment and connectivity worldwide.

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

Tencent has denied reports of an investment in Plaud, but the prospects behind such a move are compelling.

Tencent’s rumored Plaud deal points to looming AI hardware contest

Decoding China&#039;s tech and business pulse

KrASIA

Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

Cheng Zi

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

Autonomous 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

This company is building a native multimodal foundation model while exploring new revenue models for physical AI.

Are smart driving companies heading for a “physical AI” reckoning?

Photo shows Kong Wan Sing, founder and CEO of JustCo.

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

Japan

Singapore

Southeast Asia

Thailand

Vietnam

Bringing you the latest updates on funding and investment activity across the Asia Pacific.

Deals in brief: JustCo files for SGX listing; Thailand’s Konvy raises Series B funding; 12 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

Top Toy opened its first store in Japan on August 30 at Tokyo’s Sunshine City, recording over JPY 11 million in sales on day one. The move follows an investment led by Temasek, valuing the company at HKD 10 billion.

Amos Food has filed for a Hong Kong IPO after reporting 2025 revenue of RMB 2.8 billion and net profit of RMB 600 million. Its prospectus highlights concentration risk: North America generated 52.7% of revenue and incurred RMB 108 million in tariffs in 2025. The company also paid a RMB 530 million pre-IPO dividend, distributing more than half of its recent cumulative profits to shareholders.

Xiwang Food has written off its entire investment in Iovate after a court-approved restructuring in the US and Canada. The company acquired the sports nutrition brand for RMB 4.9 billion in 2016, but its shares will be canceled after the subsidiary’s net assets turned negative. Xiwang Food now plans to refocus on its core edible oil business.

<a href="/company/kuaishou">Kuaishou</a> plans to spin off Kling AI, its video generation unit, for a separate listing at a target valuation of USD 20 billion. The unit reported monthly revenue of more than USD 20 million in December 2025, implying ARR of USD 240 million. The plan would move Kling closer to operating as an independent <a href="/industry/ai">AI</a>-native platform.

Sun Art Retail expects a loss of RMB 300–350 million for fiscal 2026. The retailer, now controlled by DCP Capital, continues to face weaker foot traffic and store closures. It plans to renovate 500 stores over three years, shift toward a community-focused model, and expand private-label offerings to address falling sales.

<a href="/company/agibot">Agibot</a> showcased its Expedition A3 robot performing martial arts movements at its partner conference in Hong Kong on May 12. The robot features a proprietary joint architecture and weighs 55 kilograms. It offers a ten-hour battery life and supports ten-second battery swaps.

Chinese automakers <a href="/company/chery">Chery</a> and <a href="/company/geely">Geely</a> have delivered their first batches of electric and plug-in hybrid vehicles to Canada after tariffs were reduced to 6.1%. Chery imported 150 vehicles for testing and certification, with plans to ship 1,000 more within three months. Geely’s Lotus brand exported 18 Eletre SUVs, after prices for the model fell by nearly half.

China’s automotive production and sales fell 1.7% and 2.5% YoY in April to 2.58 million and 2.53 million units, respectively, according to the China Association of Automobile Manufacturers. Domestic demand remained soft, but the new energy vehicle market was reportedly stable and vehicle exports continued to grow.

<a href="/company/li-auto">Li Auto</a> will launch the Li L9 Livis in the second quarter of 2026, making it the company’s first mass produced vehicle with a fully wire-controlled chassis. The system integrates steer-by-wire, rear-wheel steering, and electromechanical braking to improve response times and safety. The company said it has completed more than four million kilometers of road testing to validate the platform’s reliability.

<a href="/company/dji">DJI</a> has launched the Romo 2 series of <a href="/industry/ai">AI</a>-powered robot vacuums, featuring a 123-degree mechanical arm, 36,000 Pa suction, and advanced obstacle avoidance. The series includes the P2 and A2 models, priced at RMB 5,499–6,499. The units are available for reservation through DJI’s official online channels and authorized retail stores.

Oppo demoted China senior vice president Duan Yaohui by two ranks after public backlash over a Mother’s Day marketing campaign. The company issued its second apology in four days on May 11, saying the content violated its values and harmed public sentiment. Oppo removed all related materials and disciplined additional marketing staff involved in the project.

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

On-demand Services

Ozon, often called “the Amazon of Russia,” offers a route into a less crowded e-commerce market.

Amid AI shift, Chinese e-commerce sellers look east to Russia and the CIS

https://secure.gravatar.com/avatar/a1c02e0609a846ab19ab44182633a8d5?s=96&d=blank&r=g

How is power evolving? Review renewable sources, grid innovations, and efficiency measures driving cleaner, more resilient energy systems.

Energy

Europe

Named by the UK government as partner, the Shenzhen-based manufacturer hopes to replicate its success in Europe.

China's EcoFlow to sell solar panels in British supermarkets soon

China&#8217;s EcoFlow to sell solar panels in British supermarkets soon

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

Nikkei Asia

Sea Group operates digital entertainment (Garena), e-commerce (Shopee), and fintech (SeaMoney) platforms across Southeast Asia.

Sea Group

Shopee, a Southeast Asian online marketplace, features interactive shopping, flash deals, and localized payment options.

Shopee

Southeast Asia’s tech ecosystem is a melting pot of startups and businesses of all sizes, all vying for rapid growth.

The company beat estimates as first-quarter revenue exceeded USD 7 billion.

Top Toy opens first Japan store

Latest Pulses

Most Recent

Amid AI shift, Chinese e-commerce sellers look east to Russia and the CIS

China’s EcoFlow to sell solar panels in British supermarkets soon

Singapore’s Sea logs drop in e-commerce profit as competition intensifies