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Li Auto is preparing to close some of its retail stores to improve operational efficiency, insiders said, after delivery volumes fell 19% in 2025. The…

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

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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.

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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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<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.

<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.

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.

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.

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.

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

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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

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

Li Auto trims retail network amid slowdown

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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”