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Genki Forest told media outlets that reports of it considering a Hong Kong IPO are inaccurate, saying the company has “no listing plan.” The statement…

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Photo of the upcoming recording device developed by Lark in partnership with Anker Innovations.

Anker

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

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

Lark, a workplace collaboration platform by ByteDance, integrates messaging, video conferencing, document sharing, and productivity tools.

Lark

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

What grounds digital progress in physical form? Analyze chipsets, sensors, and advanced components driving device performance.

Hardware

The platform is testing a bean-shaped device that uses Doubao to capture meetings, generate real-time summaries, and support enterprise workflows.

Lark steps into hardware, developing an AI-powered recorder with Anker

Decoding China&#039;s tech and business pulse

KrASIA

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

The Beijing-based startup is set for a valuation increase as investor interest in Chinese AI companies strengthens.

Moonshot AI lines up new funding at USD 4.8 billion valuation

T. K. Lin

Photo of Christa Sabathaly (left) and Dilla Anindita, co-founders of Spun.

Grab, a Southeast Asian superapp, provides ride-hailing, food delivery, and mobile payments, connecting millions to on-demand services.

Grab

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

Southeast Asia

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

Indonesia

Japan

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Singapore

Bringing you the latest updates on funding and investment activity across the Asia Pacific.

Deals in brief: Indonesia’s Spun raises seed funding, Gobi Partners makes first Bangladesh investment, 11 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.

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Genki Forest told media outlets that reports of it considering a Hong Kong IPO are inaccurate, saying the company has “no listing plan.” The statement came after reports claimed the beverage maker had held early talks with potential advisers about a possible offering.

<a href="/company/xiaomi">Xiaomi</a> sold more units of its SU7 electric sedan than <a href="/company/tesla">Tesla’s</a> Model 3 in China last year, with 258,164 deliveries, about 30% higher than Tesla’s 200,361, according to data from the China Passenger Car Association. The milestone ends Tesla’s five-year reign atop the country’s premium EV market, though its Model Y still dominates the SUV segment.

<a href="/company/byd">BYD</a> said it plans to boost overseas vehicle sales to 1.3 million units in 2026, up about 25% from last year’s total. The automaker is expanding in Europe, Latin America, and Southeast Asia while ramping up local production in Thailand, Brazil, Uzbekistan, and Hungary to meet growing global demand.

<a href="/company/li-auto">Li Auto</a> is preparing to close some of its retail stores to improve operational efficiency, insiders said, after delivery volumes fell 19% in 2025. The automaker expanded its network from 206 to 548 outlets nationwide but faced weaker demand as new car models awaited upgrades.

Vivo has halted its smart glasses project after months of joint development with partners including Goertek and ThunderSoft. Executives reportedly concluded the product lacked differentiation in a crowded market. The move highlights the broader challenges facing <a href="/industry/ai">AI</a>-powered eyewear, from hardware complexity to a thin software ecosystem.

GAC Aion and <a href="/company/didi">Didi</a> have officially launched the R2 robotaxi, with the first units rolling off the line in Guangzhou and receiving road test permits. Equipped with 33 sensors and <a href="/industry/ai">AI</a>-driven safety redundancy, the vehicle is built for commercial deployment and paves the way for large-scale rollouts across Chinese cities.

Unitree Robotics said online reports about its 2025 robot shipments were inaccurate, confirming that actual deliveries exceeded 5,500 humanoid units, with total production surpassing 6,500. The company stressed that these figures cover humanoid robots only, not other product lines.

Baichuan AI has introduced M3 Plus, a new large model for evidence-based medical <a href="/industry/ai">AI</a>, cutting hallucinations to 2.6%. It introduces “evidence anchoring,” which ties each diagnostic statement to its source text for verifiable and accountable outputs. The firm also opened free API access to medical institutions.

<a href="/company/tencent">Tencent</a> has filed complaints leading GitHub to remove more than 30 open-source projects that allowed users to export or analyze WeChat chat records. The company said the tools broke encryption via reverse engineering, risking privacy breaches and potential misuse by bad actors.

CaoCao Mobility, a subsidiary of <a href="/company/geely">Geely</a>, plans to deploy 100,000 fully autonomous robotaxis worldwide by 2030. The company is developing a next-generation taxi system focused on <a href="/industry/ai">AI</a>-driven safety, asset management, and automation, while expanding partnerships in China and overseas to scale operations.

Canada’s federal court has overturned a government order to dissolve <a href="/company/tiktok">TikTok’s</a> operations, allowing the platform to continue while a new national security review is conducted. The 2024 order cited security concerns over its Chinese ownership. TikTok, which has about 14 million users in Canada, said it welcomed the ruling and will cooperate with the review.

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

What powers digital devices? Delve into chip design, manufacturing bottlenecks, and semiconductor breakthroughs fueling global electronics.

Semiconductors

After building a robust chip stack, the Alibaba subsidiary is ready to test investor appetite in a red-hot market.

Alibaba clears public listing plan for chip unit T-Head as China’s semiconductor push accelerates

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Photo of Li Xiang, founder and CEO of Chinese automaker Li Auto.

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

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

After missing targets last year, the automaker is refocusing on what it does best.

Li Auto targets 40% growth in 2026 as it steers its focus back to range-extended cars

Image of Wu Chenglin, founder and CEO of DeepWisdom.

The company behind the MetaGPT framework is developing Atoms, an agentic AI platform designed to ship production-ready apps.

Genki Forest dismisses IPO rumors

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Alibaba clears public listing plan for chip unit T-Head as China’s semiconductor push accelerates

Li Auto targets 40% growth in 2026 as it steers its focus back to range-extended cars

From MetaGPT to Atoms: DeepWisdom leads China’s push into “vibe coding”