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

A Swedish court found that Shein’s Ireland-based unit, Infinite Styles Ecommerce, copied product photos owned by local rival Nelly and used them onlin…

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 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

After building its presence abroad, the startup is turning to a home market dominated by established rivals.

Can Plaud’s overseas-first strategy give it an edge in China’s crowded voice recorder market?

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

Photo of Jack Ma, co-founder and former executive chairman of Alibaba Group.

How do trustless ledgers transform industries? Investigate decentralized databases, smart contracts, and infrastructure powering secure transactions.

Blockchain

Where do digital assets find value? Consider market volatility, decentralized exchanges, and blockchain protocols shaping crypto economies.

Cryptocurrencies

What happens when banking goes virtual? Study no-branch platforms, biometric authentication, and seamless financial services.

Digital Banks

How does finance become frictionless? Examine digital banking, payment innovation, and lending platforms redefining financial access.

How do policies adjust to a data-rich world? Explore usage-based coverage, automated claims, and analytics guiding risk assessment.

Insurance

What streamlines global commerce? Examine digital wallets, cross-border remittances, and instant settlement technologies.

Payments

Backed by Ant-linked partnerships and digital asset reserves, the firm is deepening the integration of blockchain with traditional finance.

Is Yunfeng Financial becoming Jack Ma’s next Ant Group?

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

Vietnam

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

Deals in brief: Neptune Robotics raises Series B funding, ThinkZone launches new Vietnam-focused fund, Velocitor acquires Nextbillion.ai, 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 Swedish court found that <a href="/company/shein">Shein’s</a> Ireland-based unit, Infinite Styles Ecommerce, copied product photos owned by local rival Nelly and used them online without permission. The court imposed a SEK 500,000 fine and legal costs but dismissed claims against two other Shein entities. Nelly said it may appeal the ruling.

Hon Hai Precision Industry, or Foxconn, reported an 11% rise in quarterly revenue to TWD 2.06 trillion, driven by strong demand for <a href="/company/nvidia">Nvidia</a>-powered <a href="/industry/ai">AI</a> servers. The company said server sales more than doubled and expects further growth this quarter, even as trade tensions and evolving US tariff policies add uncertainty.

Plaud announced its China launch on September 22, unveiling new products including the Plaud Note, Note Pro, and NotePin S wearable recorder. The Shenzhen-based company is making its domestic debut after shipping more than one million units across 170 countries. It expects USD 250 million in 2025 revenue and plans to maintain global pricing as it expands at home.

<a href="/company/huawei">Huawei’s</a> Ascend 910C processor uses components from <a href="/company/tsmc">TSMC</a>, Samsung, and SK Hynix, according to media reports. The company is said to have built the chip with stockpiled dies and HBMs obtained before US export bans, as it seeks to compete with <a href="/company/nvidia">Nvidia</a>.

Chinese energy storage battery makers operated at nearly 90% capacity in September, with Eve, Cornex, and Ganfeng Lithium among those fully booked through year's end. Strong demand from overseas and domestic projects has created a short-term supply squeeze, driving cell prices higher by RMB 0.01–0.03 per watt-hour.

Indonesia’s communications ministry has suspended <a href="/company/tiktok">TikTok’s</a> local operating license after the platform declined to fully share live streaming data from August protests. The suspension, which does not affect service access, follows tightening oversight of digital platforms. TikTok said it is cooperating with authorities to resolve the issue while safeguarding user privacy.

Chinese appliance makers Haier and Hisense are expanding in Thailand to offset US-China trade frictions, opening or starting construction of large factories in Chonburi. Haier’s USD 312 million plant will produce up to six million air conditioners annually, while Hisense’s USD 147 million facility will make 2.6 million appliances per year.

<a href="/company/jd">JD.com</a> is entering China’s crowded coffee market with 7Fresh Coffee, an offshoot of its supermarket brand. The company is adopting a low-cost model by leasing small spaces in supermarkets, hotels, and offices, backed by subsidies. Industry groups warn the move could hurt small cafes as regulators tighten scrutiny of aggressive discounting.

Yimutian, China’s leading agricultural digital platform, has partnered with Hong Kong’s BC Technology to expand into cross-border settlement, agricultural RWA products, and new digital trade models. As part of the deal, Yimutian will buy at least USD 12 million in digital assets, aiming to link agriculture with global capital markets.

<a href="/company/tesla">Tesla</a> delivered 497,099 vehicles in Q3 2025, up 7% YoY, while production dropped to 447,450. Gains in the US ahead of a federal <a href="/industry/ev">EV</a> tax credit’s expiration offset a sales slump in Europe. Year-to-date deliveries reached 1.2 million, down 6% from 2024. Tesla also deployed a record 12.5 GWh of energy storage products.

<a href="/company/alibaba">Alibaba’s</a> Amap reached a record 360 million DAUs on October 1, the start of China’s eight-day Golden Week holiday. Its <a href="/industry/ai">AI</a> assistant Xiaogao processed 2.6 billion requests, while its road safety system sent 290 million alerts. The milestone builds on new lifestyle features including Amap’s “Street Stars” and expanded restaurant rankings.

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

Instead of competing in the crowded EV market, Jixun aims to reinvent the electric tricycle as a path to international growth.

With AI’s help, China’s Jixun pushes to make electric tricycles a global export

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

After gaining traction overseas, Plaud launches in Shenzhen, betting on focus and philosophy over price to stand out.

Will Plaud’s million-selling AI notetakers click at home in China?

Chinese firms gain momentum as they narrow the gap with global AI leaders.

China Recap | The nation’s AI drive

Vicky is a senior reporter based in Hangzhou, covering news about Chinese companies expanding their footprints abroad.

https://secure.gravatar.com/avatar/dfe5e445d494bfd7f380c7d91c1df6d9?s=96&d=blank&r=g

Swedish court rules against Shein in photo case

Latest Pulses

Most Recent

With AI’s help, China’s Jixun pushes to make electric tricycles a global export

Will Plaud’s million-selling AI notetakers click at home in China?

China Recap | The nation’s AI drive