Alibaba

ByteDance

CATL

Huawei

Meituan

Tencent

Xiaomi

Most Followed

Market News

Listings (IPO)

Earnings Reports

Venture Roundup

Big Tech

Automotives

Retail and Commerce

Collections

News

Features

Insights

Press Releases

Anta

DeepSeek

Geely

Li Auto

Mixue Bingcheng

Pop Mart

Going Global

Tencent has begun an internal beta of WorkBuddy, an agentic desktop tool developed by Tencent Cloud’s CodeBuddy team. Designed for non-technical users…

Latest

Collaborate

Earnings

Auto

Retail & Commerce

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

Pony.ai develops self-driving technologies for cars and trucks, collaborating with automakers to bring safer, fully autonomous mobility to public roads and fleet services worldwide.

Pony.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

Autonomous Driving

Ecosystem

Remote assistance operators do not steer robotaxis from afar. They step in when vehicles need context or passengers need a human voice.

China’s robotaxis are creating a new kind of desk job

Decoding China&#039;s tech and business pulse

KrASIA

Lin Wong

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

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

Creative

How does interactive entertainment evolve? Assess gaming ecosystems, esports growth, and technology enhancing virtual play.

Gaming

A valuation of more than USD 1.5 billion could be enough for Alibaba to part with the gaming studio.

Why Alibaba is ready to sell Lingxi Games

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

Photo of N2TP’s team. From left to right: Ho Hai Phong, Duong Thi Hong Nhung, and Do Ngoc Tuan.

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

Malaysia

Singapore

Southeast Asia

Vietnam

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

Deals in brief: Vietnam’s N2TP secures funding, VentureTech invests in three Malaysian companies, 12 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/tencent">Tencent</a> has begun an internal beta of WorkBuddy, an agentic desktop tool developed by Tencent Cloud’s CodeBuddy team. Designed for non-technical users, WorkBuddy executes tasks through authorized local files rather than full system access.

<a href="/company/pop-mart">Pop Mart</a> CEO Wang Ning has described 2026 as an adjustment year and said the company may miss its 20% annual growth target. Despite H1 revenue rising 23.8% YoY, Pop Mart is focusing on supply chain improvements, inventory planning, logistics, and organizational changes rather than maximizing short-term growth.

Gotion High-tech is preparing for mass production of battery packs for the Aito M6 EV. The company said on August 21 that it is also discussing supply arrangements for other Harmony Intelligent Mobility Alliance models.

Autonomous driving technology provider Westwell has filed for an IPO on the Shenzhen Stock Exchange, seeking to raise RMB 3.7 billion. Revenue reached RMB 493 million in 2025, but cumulative net losses exceeded RMB 1.3 billion from 2023 to 2025. Seres and CK Hutchison together accounted for about 65% of 2025 revenue.

<a href="/company/kuaishou">Kuaishou’s</a> top ten short drama copyright holders received more than RMB 13 million in revenue sharing in July, up 113% from the previous month. As platforms shift from broad subsidies toward selective incentives, stronger-performing creators are capturing a larger share of payouts amid an oversupply of low-quality and <a href="/industry/ai">AI</a>-generated content.

<a href="/company/byd">BYD</a> debuted its third-generation Tang SUV at the Chengdu Motor Show on August 21. The five-seat flagship features a panoramic display, second-generation Blade Battery, and a 300-kilowatt motor. Its flash-charging system can charge the battery from 10% to 70% in about five minutes, while the chassis uses DiSus-A air suspension.

MiniMax launched MiniMax Design, a multimodal AI tool designed to automate creative workflows. The platform interprets user requests, breaks them into tasks, and manages the processing, generation, and editing of digital assets.

JAC Group reported an H1 2026 net loss of RMB 749 million despite revenue rising 14.31% YoY to RMB 22.13 billion. The automaker sold 172,400 vehicles during the period. Its Q2 loss narrowed to RMB 143 million, marking an eighth consecutive quarterly loss since Q4 2024.

Weibo reported H1 2026 net profit attributable to shareholders of USD 102 million, down 56.1% YoY, while revenue rose 4% to USD 875 million. At the end of Q2, the platform had 561 million monthly active users and 254 million daily active users.

Seres reported an H1 2026 net loss attributable to shareholders of RMB 1.72 billion, compared with a profit a year earlier. Revenue fell 7.87% YoY to RMB 57.49 billion. The company cited changes in its sales mix, model transitions in Q2, and higher battery and chip costs.

<a href="/company/kuaishou">Kuaishou</a> reported Q2 2026 revenue of RMB 35.5 billion, while core commercial revenue rose 7.4% YoY. Revenue from Kling AI exceeded RMB 850 million, up more than 200% YoY, while average daily active users reached a record 412 million.

A Chow Tai Fook store in Bangkok, Thailand.

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

Hong Kong

Indonesia

Philippines

Thailand

After cars and TVs, Chinese brands are targeting the region’s affluent consumers with jewelry, watches, and wine.

Southeast Asia is luxury testbed for China's big new export drive

Southeast Asia is luxury testbed for China&#8217;s big new export drive

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

Nikkei Asia

AI Infrastructure

What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

Artificial Intelligence

How do firms boost efficiency? Assess cloud platforms, consulting solutions, and business intelligence tools powering corporate operations.

Cloud Solutions

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

Deep Tech

Enterprise services is an over-arching term to describe an architecture combining engineering discipline and computer science to solve practical business problems. 

Enterprise Services

Foundation and Large Models

Faster cloud growth is being accompanied by mounting pressure on earnings and cash flow from AI infrastructure spending.

Alibaba’s cloud growth comes with a rising AI bill

https://secure.gravatar.com/avatar/6ff53490f679f358bf543998d228fb32?s=96&d=blank&r=g

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

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

What fits the world in your pocket? Track device innovation, OS ecosystems, and connectivity shaping smartphone usage.

Smartphones

The company’s handset business lost ground globally and in China, while its newer businesses grew to nearly a quarter of group revenue.

Tencent tests WorkBuddy desktop agent

Latest Pulses

Most Recent

Southeast Asia is luxury testbed for China’s big new export drive

Alibaba’s cloud growth comes with a rising AI bill

Xiaomi’s smartphone slump deepens as EVs shoulder more of the load