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

Funds managed by KKR and Quadrantis Capital will acquire minority stakes of about 11.27% and 1.80% in Peak Reinsurance, while Fosun International will…

Events

Latest

About

Consumer

Robotics

Fintech

Collaborate

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

China

DJI sets industry standards in drone technology, offering aerial imaging, filming solutions, and advanced flight controls for professionals and hobbyists.

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

East Asia

Backed by supply chain muscle and bold investors, Chinese startups are pushing to grow from local champions into global players.

After DJI, China’s founders find faith and ambition to drive the next wave of global hardware giants

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

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

Deep Tech

Embodied Intelligence

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

DR02 is said to be the first humanoid robot to achieve IP66 certification for dust and water resistance.

Deep Robotics unveils DR02, the world’s first IP66-rated humanoid robot

T. K. Lin

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

Funds managed by KKR and Quadrantis Capital will acquire minority stakes of about 11.27% and 1.80% in Peak Reinsurance, while Fosun International will retain its 86.71% holding. Prudential Financial has exited its 13.07% stake. The transaction, pending regulatory approval, is expected to close in Q4 2025.

Weibo said it has suspended several automotive-focused influencers for spreading false or defamatory posts about companies, imposing 90-day bans and restricting ad revenue for six months. The action is part of a campaign by the Cyberspace Administration of China to curb online smear campaigns and protect business reputations.

Haier is reportedly weighing a Hong Kong IPO for its IoT unit, Cosmoplat, that could raise about USD 500 million, according to people familiar with the matter. The company is working with CICC and HSBC on the potential listing, which could take place in 2026.

<a href="/company/catl">CATL</a> reported a 41% jump in Q3 profit to RMB 18.5 billion, in line with analyst estimates. The Chinese battery maker maintained a 36.8% share of global EV battery capacity, according to SNE Research. The company is expanding in Europe with new production in Hungary amid slowing <a href="/industry/ev">EV</a> demand and rising geopolitical risks.

Qiandao, a collectibles platform, has denied involvement in a viral refund dispute in which a seller demanded a video of a parent slapping a child to approve a refund. The company said the messages came from a private transaction unrelated to its services and pledged to strengthen consumer safeguards and moderation.

<a href="/company/byd">BYD’s</a> Fangchengbao brand has launched a long-range edition of its Bao 5 SUV, introducing four models with an electric range of 210 kilometers and prices between RMB 269,800–329,800. The new lineup features the DMO+ platform, Huawei's Qiankun ADS 4 driver assistance system, and BYD’s DiSus-P suspension for enhanced comfort and control.

China’s generative <a href="/industry/ai">AI</a> user base more than doubled to 515 million in H1 2025, reaching an adoption rate of 36.5%, according to a report by the China Internet Network Information Center (CNNIC). More than 90% of respondents said they favored models developed by domestic firms including <a href="/company/deepseek">DeepSeek</a>, <a href="/company/alibaba">Alibaba</a>, and <a href="/company/bytedance">ByteDance</a>.

Nexperia has alleged that ousted CEO Zhang Xuezheng spread “falsehoods” claiming its China unit now operates independently, after a Dutch court suspended him and the Dutch government seized control of the company. The firm called the claims “factually incorrect,” further straining relations between China and the Netherlands over chip industry control.

<a href="/company/alibaba">Alibaba</a> said its new computing pooling system, Aegaeon, reduced the number of <a href="/company/nvidia">Nvidia</a> H20 GPUs needed to serve <a href="/industry/ai">AI</a> models by 82%, from 1,192 to 213, during tests on its Model Studio platform. The system reportedly enables a single GPU to support up to seven models and lowers latency by 97%.

Beijing-based Yunji Technology listed on October 18 on the Hong Kong Stock Exchange at an offer price of HKD 95.6. The stock surged on debut and extended its rally, closing at HKD 127.2 as of October 21. The robotics firm plans to expand globally and strengthen its supply chain through a partnership with Luxshare Precision.

Cambricon Technologies reported a 14-fold revenue surge to RMB 1.73 billion in the September quarter, swinging to a net profit of RMB 567 million from a loss a year earlier. The turnaround highlights how Chinese chipmakers are gaining from Beijing’s push to replace restricted <a href="/company/nvidia">Nvidia</a> processors amid an expansion in domestic <a href="/industry/ai">AI</a> development.

Tesla’s electric cars, battery storage systems, and solar energy solutions shape sustainable transportation and power grids.

Tesla

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

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

With pared-down versions of the Model 3 and Model Y, Tesla is testing lower prices in markets where rivals such as BYD and Xiaomi are closing in.

Tesla unveils new budget cars to take aim at China’s EV challengers

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

Pop Mart, a Chinese company, designs and sells toys, figurines, and collectibles, primarily in a blind box format.

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

Surging gold prices are testing traditional jewelers’ pricing power while fueling new experiments in China’s gold market.

As gold prices soar, Pop Mart and Laopu Gold take opposite bets on sparkle

What shapes modern healthcare and agriculture? Examine biotech startups, gene editing, and drug discovery unlocking biological potential.

Biotechnology

Investors are reassessing de novo drug design as firms close major BD transactions.

KKR, Quadrantis invest in Peak Reinsurance

Latest Pulses

Most Recent

Tesla unveils new budget cars to take aim at China’s EV challengers

As gold prices soar, Pop Mart and Laopu Gold take opposite bets on sparkle

AI-driven drugmakers fuel wave of cross-border deals in China