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

Chinese e-commerce platform Taobao has launched its first global Singles’ Day sale across 20 countries and regions in five languages. More than one mi…

Events

Latest

About

Consumer

Robotics

Fintech

Collaborate

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

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

Entertainment

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

Gaming

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

Video

China

The game has generated nearly RMB 40 million in revenue since launch but has yet to turn a profit.

Road to Empress tops one million sales, revives China’s interactive film genre

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

Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

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

Taobao, Alibaba’s consumer-to-consumer marketplace, connects Chinese shoppers with diverse products, from fashion and electronics to everyday essentials.

Taobao

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

Alibaba’s Jiang Fan expects Taobao Shangou to reach RMB 1 trillion in transaction volume within three years.

As Singles’ Day nears, what’s expected of Taobao Shangou?

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

Japan

Singapore

Southeast Asia

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

Deals in brief: Applied Materials backs robotics firm Augmentus, Sedifly raises pre-seed funding, Grab invests in May Mobility, 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

Chinese <a href="/industry/e-commerce">e-commerce</a> platform <a href="/company/taobao">Taobao</a> has launched its first global Singles’ Day sale across 20 countries and regions in five languages. More than one million merchants are participating, rolling out 2.1 million new products, including hundreds of global exclusives, with over 400 million items offering free shipping.

BabyBus, a Chinese children’s content developer, apologized after users reported that its nursery rhyme app displayed vulgar third-party ads. The company said the ads came from external partners and have since been removed, with stricter review processes and new safeguards introduced to prevent recurrence. BabyBus was previously cited for app compliance issues in 2023.

<a href="/company/openai">OpenAI</a> and Microsoft have restructured their partnership, turning the ChatGPT maker into a public benefit corporation and clearing a path to an IPO. The deal boosts CEO Sam Altman’s control and fundraising ability for USD 1.4 trillion in data center projects, while Microsoft retains a 27% stake valued at about USD 135 billion.

Wavemaker Impact has spun off from venture builder and investor Wavemaker Partners to form 100x100 Group, a Singapore-based platform that builds climate ventures across the Asia Pacific. The team, which has applied for a venture fund licence, aims to scale startups capable of cutting 100 million tons of carbon emissions and generating USD 100 million in annual revenue.

<a href="/company/miniso">Miniso</a> has opened its first Miniso Land in Thailand at Bangkok’s Siam Square, featuring more than 8,300 products and over 80 beloved characters from Disney, Sanrio, and others. The three-story flagship store also marks the overseas debut of the new Zootopia-themed collection, designed to offer a fun, interactive shopping experience.

Chinese scientists led 45% of joint studies with US researchers in 2023, up from 30% in 2010, according to a PNAS study. Using <a href="/industry/ai">AI</a> to analyze authorship data, the study projects that China could match US scientific leadership by 2027, fueled by investment in advanced technologies and deeper ties with Belt and Road nations.

RoboTechnik Intelligent Technology has filed a draft prospectus for a Hong Kong listing. The company makes intelligent manufacturing systems for silicon photonics and solar cells, positioning itself where <a href="/industry/ai">AI</a> infrastructure meets renewable energy technology.

<a href="/company/nvidia">Nvidia</a> CEO Jensen Huang plans to announce new <a href="/industry/ai">AI</a> chip supply deals with South Korean companies including Samsung, Hyundai Motor, and SK Group during his upcoming visit. The partnerships aim to bolster Nvidia’s foothold in a key market amid China restrictions and support South Korea’s drive to expand its AI infrastructure.

<a href="/company/nvidia">Nvidia</a> and Nokia announced a partnership to develop <a href="/industry/ai">AI</a>-native RAN solutions for next-generation networks, with Nvidia investing USD 1 billion in Nokia at USD 6.01 per share. The collaboration will integrate Nvidia’s ARC-Pro platform into Nokia’s RAN systems to boost efficiency, scalability, and network readiness.

Boyu Capital has reportedly emerged as the frontrunner to acquire a controlling stake in Starbucks’ China business, which could be valued at more than USD 4 billion, according to people familiar with the matter. Talks to finalize the deal may take months, with other investors likely to join as limited partners.

Wondershare Technology reported revenue of RMB 1.142 billion for the first three quarters, up 8.5% YoY, with Q3 revenue increasing 9.99% to RMB 382 million. The company said <a href="/industry/ai">AI</a> server calls surpassed 800 million, reflecting growing adoption of its AI-driven platforms.

Miniso sells low-cost lifestyle goods, home essentials, and personal care items, making everyday products accessible to broader markets.

Miniso

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

Retail

Young CEO Wang Shoucheng reflects on Yonghui’s outlook after a sweeping reform inspired by Pangdonglai.

One year after Miniso’s takeover, where does Yonghui Superstores stand?

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

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

There’s more to car door safety than simply unlocking a latch.

Why car doors may fail to open after a crash, and how automakers can fix it

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

Shen’s appointment comes amid a major reshuffle at the AI startup.

Taobao expands Singles’ Day sales globally

Latest Pulses

Most Recent

One year after Miniso’s takeover, where does Yonghui Superstores stand?

Why car doors may fail to open after a crash, and how automakers can fix it

Baidu veteran Shen Pengfei joins Lee Kai-Fu at 01.AI as co-founder