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

Huawei’s Harmony Intelligent Mobility Alliance (HIMA) has announced a comprehensive cooperation upgrade with partners Seres, Chery, BAIC, JAC, and SAI…

Events

Latest

About

Consumer

Robotics

Fintech

Collaborate

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

Consumer Economy

China

The way Coolfly responded to a single email says much about the birdwatching tech startup’s identity.

Coolfly’s “uneconomical” sprint for one user shows the kind of company it aims to be

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

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

Insta360

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

Deep Tech

What hovers over new frontiers? Explore drone logistics, aerial data collection, and surveillance tools shaping multiple industries.

Drones

The drone separates navigation from camera perspective, combining panoramic capture, first-person view, and motion-based control in one system.

Insta360’s Antigravity debuts A1 drone with 360-degree view and motion control

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

Singapore

Southeast Asia

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

Deals in brief: SynaXG raises over USD 20 million, CapitaLand acquires LXA Capital, new 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

<a href="/company/huawei">Huawei’s</a> Harmony Intelligent Mobility Alliance (HIMA) has announced a comprehensive cooperation upgrade with partners Seres, <a href="/company/chery">Chery</a>, BAIC, JAC, and SAIC in Shanghai. The alliance will standardize smart systems, services, and charging networks while jointly developing next-generation automotive technologies.

Chinese automakers overtook South Korean rivals in Western Europe for the first time in September, claiming 8% of the market versus South Korea’s 7.8%, according to Schmidt Automotive Research. Sales rose 77.5% YoY despite EU tariffs on Chinese <a href="/industry/ev">EVs</a>. Analysts expect momentum to continue as <a href="/company/byd">BYD</a>, <a href="/company/chery">Chery</a>, and <a href="/company/changan-automobile">Changan Automobile</a> expand production and model offerings across Europe.

The US government will allow <a href="/company/nvidia">Nvidia</a> to sell its H200 <a href="/industry/ai">AI</a> chips to approved Chinese buyers in exchange for 25% of sales revenue, said President Donald Trump on December 8. The deal excludes Nvidia’s Blackwell and Rubin models. Nvidia welcomed the move as a “thoughtful balance” between competition and national security, after months of export restrictions.

Qatar has launched Qai, a new subsidiary of its USD 524 billion sovereign wealth fund, to invest in and develop <a href="/industry/ai">AI</a>. The firm will fund AI infrastructure and tools in Qatar and abroad while focusing on building “trusted” AI systems. Chairman Abdulla Al-Misnad said Qai will not create LLMs but will evaluate and commercialize frontier technologies.

Paramount Skydance has launched a hostile USD 30-per-share bid for Warner Bros Discovery (WBD), valued at USD 108.4 billion, after losing out to Netflix’s offer. The all-cash proposal, backed by the Ellison family, RedBird Capital, and Middle Eastern funds, bypasses WBD’s board to appeal directly to shareholders. CEO David Ellison said the deal promises higher cash value and quicker approval than Netflix’s bid.

Z.ai has open-sourced its AutoGLM model on December 9, calling it the world’s first with “phone use” capabilities. The model can visually interpret smartphone screens and perform humanlike actions across more than 50 Chinese apps, including WeChat and Taobao. The release aims to lower technical barriers for <a href="/industry/ai">AI</a>-powered phones and promote an open, developer-driven ecosystem.

<a href="/company/xiaomi">Xiaomi</a> has reorganized its China management team, naming president Wang Xiaoyan to oversee one division of its sales operations and promoting Guo Jinbao to lead the other while retaining his role as Jiangsu branch head. Zhang Jian now heads the new retail business, Xia Zhiguo will manage the car sales and service unit, and He Junling will lead the Gansu-Qinghai-Ningxia region.

Agibot said it has produced its 5,000th humanoid robot across three product lines. Co-founder Peng Zhihui said the company has achieved end-to-end scaling in hardware, software, and supply chain operations.

China’s trade surplus exceeded USD 1 trillion for the first time in the first 11 months of 2025, supported by rising exports to Europe, Africa, and Southeast Asia. November shipments grew 5.9% YoY, offsetting a sharp fall in US trade. Economists said the record surplus underscores China’s export resilience amid growing trade tensions.

<a href="/company/xiaohongshu">Xiaohongshu</a> will suspend its membership program trial on January 1 to refocus on local lifestyle content and product tools. Introduced in September across Shanghai, Hangzhou, and Guangzhou, the program offered curated discounts at selected dining and leisure venues. The company said the pause will not affect its other local services.

Jingdong Industrials, <a href="/company/jd">JD.com’s</a> supply chain technology unit, plans to raise HKD 2.98 billion in its Hong Kong IPO after pricing shares at HKD 14.1 each, the midpoint of its range. The company said proceeds will be used to enhance <a href="/industry/ai">AI</a> and supply chain capabilities and to fund expansion, investments, and acquisitions. Trading begins December 11.

Chagee

Once a market favorite, the Yunnan-based teahouse chain faces intensifying competition in China even as its overseas business strengthens.

Chagee looks to regain momentum as post-IPO cooldown deepens in Q3

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

Photo of Maxwell Zhou, CEO of DeepRoute.ai.

How are driverless systems redefining mobility? Uncover sensor technologies, regulatory frameworks, and AI driving cars without human intervention.

Autonomous 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

Once overlooked for its lack of mass production experience, DeepRoute.ai has emerged as a key supplier through tie-ups with GWM and Geely.

China’s assisted driving race narrows to three, and DeepRoute.ai is catching up fast

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

The latest raise marks a turning point for the startup following early production and logistics setbacks.

Huawei-led carmaking alliance deepens ties

Latest Pulses

Most Recent

Chagee looks to regain momentum as post-IPO cooldown deepens in Q3

China’s assisted driving race narrows to three, and DeepRoute.ai is catching up fast

Airseekers secures Series A funding after overcoming delivery struggles