Alibaba

ByteDance

CATL

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

DeepSeek

Li Auto

Luckin Coffee

Mixue Bingcheng

Pop Mart

Xpeng

On the Radar

The Music Copyright Society of China (MCSC) and Tencent Music have signed a partnership in Beijing to strengthen licensing and protection for lyric an…

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

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

East Asia

Huawei, a global telecom and smartphone vendor, delivers networking equipment, 5G solutions, and consumer devices integrating cutting-edge tech.

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

Maextro’s push could either turn HIMA into a powerhouse or become a case study in internal brand cannibalization.

Huawei-backed Maextro to expand its presence in China’s luxury car market with six new models

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

Ant Group, a fintech powerhouse, offers digital payments, wealth management tools, and micro loans, enabling borderless, mobile-first financial services.

Ant Group

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

LingGuang goes beyond text-only chat, generating visuals, charts, 3D models, and even mini apps from natural language commands.

Ant Group launches LingGuang, a multimodal AI assistant built for the app era

Photo of Nicolas Faquet, founder and CEO of Roojai.

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

Philippines

Singapore

Southeast Asia

Thailand

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

Deals in brief: Roojai raises Series C funding, Cove acquires Casa Mia Coliving, nine 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

The Music Copyright Society of China (MCSC) and <a href="/company/tencent">Tencent</a> Music have signed a partnership in Beijing to strengthen licensing and protection for lyric and composition works. The agreement aims to improve compliance, bolster creators’ revenue safeguards, and support China’s broader effort to build a healthier digital music ecosystem.

China’s factory activity contracted for an eighth month in November, with the PMI at 49.2 and services slipping to 49.5 as demand remained weak. Output stalled and the index for new orders stayed below 50, underscoring pressure from soft consumption, trade tensions, and debt constraints. Analysts said major policy support may wait until early 2026 despite the uneven recovery.

PaleBlueDot AI is seeking about USD 300 million in financing to acquire <a href="/company/nvidia">Nvidia</a> chips for a Tokyo data center serving Chinese platform <a href="/company/xiaohongshu">Xiaohongshu</a>, according to people familiar with the matter. The plan illustrates how some firms are navigating US export limits on high-end GPUs, though lenders remain cautious amid political sensitivities and uncertain policy direction.

Cainiao’s Hong Kong eHub has introduced an automated palletizing system, becoming the city’s first pre-security cargo facility to automate the full process from security screening to pallet assembly. The upgrade aims to improve cargo handling efficiency and support rising cross-border air logistics demand.

<a href="/company/bytedance">ByteDance’s</a> Doubao team has released a technical preview of its Doubao phone assistant, an OS-level <a href="/industry/ai">AI</a> tool developed with handset makers to enable automated app operations, multimodal interaction, and memory-based personalization. The preview is available on the Nubia M153, with broader ecosystem integration planned as the product continues to evolve.

<a href="/company/xiaomi">Xiaomi</a> is set to roll out an in-stock car program featuring unregistered new, display, and near-new vehicles. The company said customers can expect quicker handovers and full warranty coverage, with some models discounted. Users with locked orders may switch to in-stock units ahead of the full launch on December 3, and eligible buyers may receive a tax subsidy if delivery occurs in 2026.

China’s bitcoin hash rate edged up 14.06% in Q2 this year, triggering debate over whether mining could help utilize excess wind and solar power. Scholars have urged Beijing to reconsider its ban, but analysts said authorities remain focused on strategic sectors that require large-scale electricity, leaving energy-intensive crypto mining at odds with national goals.

<a href="/company/meituan">Meituan</a> posted a Q3 net loss of RMB 18.6 billion as heavy incentives and promotional spending in food delivery drove its core local business to a RMB 14.1 billion operating loss. Revenue rose 2% YoY to RMB 95.5 billion, while new initiatives delivered 16% growth but remained in the red. The company warned losses will persist amid overheated competition.

<p data-start="530" data-end="953"><a href="/company/deepseek">DeepSeek</a> has released an open-source reasoning model that achieved "gold medal-level" performance at the International Mathematical Olympiad, matching recent proprietary advances from Google DeepMind and <a href="/company/openai">OpenAI</a>. Available on Hugging Face and GitHub, the model uses self-verification to strengthen mathematical reasoning on problems without known solutions.</p>

Chinese automakers intensified <a href="/industry/ev">EV</a> price competition at the Thailand International Motor Expo, with <a href="/company/geely">Geely</a> offering its EX2 for under THB 400,000 and rivals <a href="/company/byd">BYD</a> and <a href="/company/great-wall-motor">GWM</a> promoting compact models. The market is recovering but remains below earlier volumes amid tight lending, while Japanese brands are directing buyers toward hybrid models as charging and upkeep concerns persist.

Inmo said crowdfunding for its <a href="https://kr-asia.com/inmo-eyes-lead-in-chinas-ai-glasses-market-with-rmb-150-million-boost">Air3 smart glasses</a> has surpassed USD 1 million. The glasses use an array waveguide design and run the IMOS 3.0 spatial OS, which supports semantic <a href="/industry/ai">AI</a> interaction, spatial computing, and multi-screen collaboration.

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

After decades mastering the art of filigree inlay, the niche atelier is readying for expansion.

Jewelry house Borland raises funding to tap China’s ancient gold renaissance

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

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

Creative

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

Music

The Shanghai space gives the brand a tactile way to connect with the city’s musicians.

Fender strikes a chord in China’s music market with Shanghai showroom

BYD, a Chinese EV maker, produces electric cars, buses, and batteries, accelerating adoption of sustainable transportation worldwide.

Geely, a Chinese automaker, integrates advanced engineering, EV tech, and international brand acquisitions to expand its global footprint.

Geely

Leapmotor

Li Auto develops electric vehicles that combine smart cockpit systems, advanced safety features, and long-distance battery support.

Lynk &amp; Co, a mobility brand, offers connected cars and flexible ownership options, blending digital innovation with urban commuting needs.

Lynk &amp; Co

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

Xpeng Motors builds intelligent EVs equipped with advanced infotainment systems, autonomous features, and sleek electric mobility designs.

Xpeng Motors

Zeekr crafts premium electric vehicles with smart connectivity, performance enhancements, and sleek luxury appeal for modern drivers.

Zeekr

Xiaomi's EV segment turns its first profit, but Chinese industry shares sink amid a hazy outlook.

BYD, Xpeng, and rivals race to shore up growth as investors turn skeptical

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

Tencent Music, MCSC form rights pact

Latest Pulses

Most Recent

Jewelry house Borland raises funding to tap China’s ancient gold renaissance

Fender strikes a chord in China’s music market with Shanghai showroom

BYD, Xpeng, and rivals race to shore up growth as investors turn skeptical