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Huya’s Goose Goose Duck, co-published with Kingsoft Shiyou, will begin open beta testing on mobile platforms in mainland China on January 7, 2026. The…

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Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

Cheng Zi

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

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The founder reflects on a “dreamlike” 2025 for Pop Mart.

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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.

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KrASIA tracks China’s tech and business stories, alongside key developments across the broader Asia Pacific region.

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Huya’s <em>Goose Goose Duck</em>, co-published with Kingsoft Shiyou, will begin open beta testing on mobile platforms in mainland China on January 7, 2026. The social deduction game has attracted more than ten million pre-registrations, marking a milestone in Huya’s expansion into game publishing.

Wuliangye said its chairman, Zeng Congqin, has been placed under investigation and subject to retention measures by Yibin authorities, according to a February 28 announcement. The spirits producer said other directors and senior executives remain in their roles, daily management is overseen by the executive team, and production and operations are proceeding normally.

Lynk &amp; Co has rolled out an over-the-air update for the Z20 <a href="/industry/ev">EV</a> after a driver reportedly turned off the headlights via voice command while driving at night on a highway and crashed. The company said it has optimized the system and now restricts headlight shutdown to manual control when the vehicle is in motion.

<a href="/company/xpeng">Xpeng’s</a> planned base for humanoid robot mass production has been filed as a key project in Guangzhou’s Tianhe district, where construction is set to begin. The facility will be located within a local industrial park. The company aims to start mass production of its Iron robot by the end of this year.

<a href="/company/nio">Nio</a> signed a cooperation agreement with Bosch in Beijing on February 25, covering its Nio, Onvo, and Firefly brands. The partnership focuses on smart <a href="/industry/ev">EV</a> core systems, including chassis-by-wire, battery management, braking, steering, drive systems, body electronics, and perception modules.

Dongchedi is weighing a Hong Kong IPO as soon as this year that could raise USD 1.0–1.5 billion, according to people familiar with the matter. The automotive platform was spun off from <a href="/company/bytedance">ByteDance</a> in 2023 and raised about USD 600 million in 2024 at a valuation of nearly USD 3 billion.

DHL and <a href="/company/jd">JD.com</a> have agreed to jointly develop cross-border logistics and <a href="/industry/e-commerce">e-commerce</a> solutions linking Europe and China. DHL will introduce German brands to JD, allowing direct sales to China’s consumers without a local entity, backed by integrated end-to-end fulfillment and B2C import tax incentives, while JD expands reach in Europe via Joybuy.

<a href="/company/bytedance">ByteDance</a> said it has received no formal vulnerability report or regulatory notice regarding alleged flaws in its Doubao mobile app, after online posts circulated a demo attack video. It said the exploit requires users to instruct the <a href="/industry/ai">AI</a> to access malicious emails or texts, and that it has upgraded security measures while reserving legal rights.

<a href="/company/catl">CATL</a> and BMW have signed an MoU to advance battery passport pilots, cross-border data transfer, and carbon footprint accounting across the power battery supply chain. The collaboration will use the Catena-X data ecosystem to align technical standards and support decarbonization, expanding a partnership that began in 2012.

CIMB Group and Ant International have signed an MoU to develop blockchain-based cross-border payments and treasury solutions for businesses in Malaysia. The partnership will integrate Ant’s Alipay+, Antom, and Bettr platforms to enhance capital efficiency, transparency, and liquidity management, subject to regulatory approvals.

<a href="/company/huawei">Huawei</a> has unveiled the Mate 80 Pro, FreeBuds Pro 5, and GT Runner 2 smartwatch in Madrid ahead of MWC, expanding its Europe push. The smartphone runs on its Kirin 9030 Pro chip. Huawei held 4% of global smartphone shipments in 2025, while smartwatch share reached about 17%, with over 30% YoY growth.

MiniMax, a Chinese company, develops large models and generative AI tools. It is known for the Talkie chatbot and Hailuo AI, a multimodal AI platform.

MiniMax

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Investors are taking an upbeat view as the AI firm delivers its first earnings report following its Hong Kong listing.

MiniMax’s ARR tops USD 150 million as it pivots toward an AI platform model

IPO Zaozhidao is a Chinese media outlet that provides timely coverage of IPO developments and related market signals.

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IPO Zaozhidao

ByteDance, a Chinese internet company, uses machine learning to recommend engaging videos, news, and social content (via TikTok and Douyin).

Sea Group operates digital entertainment (Garena), e-commerce (Shopee), and fintech (SeaMoney) platforms across Southeast Asia.

Sea Group

Shopee, a Southeast Asian online marketplace, features interactive shopping, flash deals, and localized payment options.

Shopee

Southeast Asia’s tech ecosystem is a melting pot of startups and businesses of all sizes, all vying for rapid growth.

TikTok hosts short-form videos spanning entertainment, education, and branded content, capturing global audiences and driving cultural trends.

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TikTok Shop, the e-commerce arm of TikTok, enables in-app shopping by connecting users with brands and creators through live commerce and short videos.

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The gap between the two players is narrowing, particularly in Vietnam, where TikTok Shop now commands more than 40% of the market.

TikTok Shop narrows the gap with Shopee in Southeast Asia’s e-commerce market

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T. K. Lin

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Huya sets open beta for Goose Goose Duck

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MiniMax’s ARR tops USD 150 million as it pivots toward an AI platform model

TikTok Shop narrows the gap with Shopee in Southeast Asia’s e-commerce market

Deals in brief: Aonic, Dyna.Ai, and MyFirst raise Series A funding; Icon1c secures member backing; seven China investments, and more