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

Shanghai-listed Hymson has acquired German laser equipment maker Xteg, reinforcing its presence in Europe’s laser cutting market. The acquisition comb…

Events

Latest

About

Consumer

Robotics

Fintech

Collaborate

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

Creative

What entertains a connected world? Track shifts in film, music, and media consumption, as platforms and audiences redefine cultural experiences.

Entertainment

What sets the world’s soundtrack? Follow streaming royalties, label strategies, and genre shifts guiding the global music industry’s rhythm.

Music

China

The device blends hardware and AI to lower barriers to music production.

No practice required: Quwan’s TemPolor guitars use AI to make songs playable in minutes

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

Image features the Xreal One, the newest model in Xreal's lineup of AR glasses.

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

Artificial Intelligence

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

Consumer Economy

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

Deep Tech

The Meta Ray-Ban Display and rival devices may make personal AI agents a reality soon.

Are AI glasses the next smartphone race between the US and China?

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

Nikkei Asia

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

Europe

Malaysia

Philippines

Singapore

Southeast Asia

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

Deals in brief: Tim Draper invests in Ryder, Verta raises seed funding, Xendit acquires Payex, 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

Shanghai-listed Hymson has acquired German laser equipment maker Xteg, reinforcing its presence in Europe’s laser cutting market. The acquisition combines Hymson’s R&amp;D and manufacturing capabilities with Xteg’s localized sales and service network. Their first joint product lineup will debut at the Blechexpo in Stuttgart on October 21.

<a href="/company/byd">BYD</a> will recall more than 115,000 Tang and Yuan Pro vehicles produced between 2015–2022 over design and battery safety defects, China’s market regulator said. The automaker’s largest recall to date follows earlier actions involving the Bao 5, Dolphin, and Yuan Plus models amid heightened scrutiny of <a href="/industry/ev">EV</a> manufacturing quality.

Workers at Nexperia’s Dongguan plant are anxious amid a political standoff between the Dutch government and Chinese owner Wingtech. The Netherlands’ seizure of the semiconductor maker and removal of its Chinese CEO prompted Beijing to impose export curbs on Nexperia’s mainland operations, deepening uncertainty at the key production site.

<a href="/company/meituan">Meituan</a> will enter Brazil on October 30 under its international brand Keeta, marking its first expansion into the Americas. The Chinese delivery giant reportedly plans to invest about USD 1 billion over five years, starting in the coastal cities of Santos and Sao Vicente as pilot markets to challenge local leader iFood.

Singapore’s sovereign wealth fund GIC has sued Chinese <a href="/industry/ev">EV</a> maker <a href="/company/nio">Nio</a> in New York, accusing the company of inflating revenue through its battery subscription business. The rare lawsuit has heightened scrutiny of Nio’s accounting and governance as it battles intense competition and financial headwinds in China’s EV market.

Cambricon and <a href="/company/sensetime">SenseTime</a> have partnered to advance China’s <a href="/industry/ai">AI</a> self-reliance under the national “AI Plus” initiative. The alliance merges Cambricon’s chip design capabilities with SenseTime’s foundational models to develop integrated AI computing solutions and industry-focused enterprise services.

Anthropic expects its annualized revenue run rate to climb from USD 9 billion in 2025 to more than USD 20 billion in 2026, driven by rising enterprise adoption of its Claude <a href="/industry/ai">AI</a> tools. The company, now approaching USD 7 billion in revenue, was recently valued at USD 183 billion after a USD 13 billion funding round.

<a href="/company/honor">Honor</a> is developing a smartphone with a camera that folds out using a robotic arm, marking its latest move to merge <a href="/industry/ai">AI</a> with hardware design. The Chinese company plans to reveal more details at the Mobile World Congress in Barcelona next year as part of its USD 10 billion drive to expand AI integration across its devices.

<a href="/company/ant-group">Ant Group</a> has open-sourced dInfer, an inference framework for diffusion-based language models said to run up to ten times faster than <a href="/company/nvidia">Nvidia’s</a> Fast-dLLM and <a href="/company/alibaba">Alibaba’s</a> vLLM model. The framework seeks to boost <a href="/industry/ai">AI</a> efficiency and cut computational costs as China accelerates software innovation to offset limits in advanced chip access.

Autonomous driving firms <a href="https://kr-asia.com/pulse/pony-ai-targets-10000-robotaxis-by-2027">Pony.ai</a> and WeRide have received approval from China’s securities regulator for secondary listings in Hong Kong. The Guangzhou-based companies, already listed in the US, plan to issue about 102 million shares each to fund global expansion, joining a growing wave of Chinese firms pursuing dual listings in the city.

Singapore will establish an agency to block harmful online content and enforce takedowns on platforms such as <a href="/company/tiktok">TikTok</a> and Facebook. Initially addressing harassment and image-based abuse, the agency will later expand to impersonation and data leaks under a new bill aimed at strengthening online safety protections.

Middle East

The 45th edition of GITEX Global and its sister event, Expand North Star, drew tens of thousands of participants to Dubai.

GITEX Global 2025 wraps in Dubai with strong turnout and new editions on the horizon

https://secure.gravatar.com/avatar/cd0d29f7b9fd019c7c0d49a09a1ec8b1?s=96&d=blank&r=g

T. K. Lin

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

Where do style and commerce meet? Examine supply chains, sustainable sourcing, and digital trends influencing global fashion markets.

Fashion

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

Retail

Outdoor apparel risks following workwear’s path: from utility to fashion to commodification.

In China, the outdoor boom is starting to look more like a fashion cycle than a lifestyle shift

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

Hymson acquires Germany’s Xteg

Latest Pulses

Most Recent

GITEX Global 2025 wraps in Dubai with strong turnout and new editions on the horizon

Deals in brief: Tim Draper invests in Ryder, Verta raises seed funding, Xendit acquires Payex, and more

In China, the outdoor boom is starting to look more like a fashion cycle than a lifestyle shift