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

ByteDance has denied online claims that its Wuhan R&amp;D center will shut down in June, refuting reports of mass layoffs. The company said about 50 e…

Latest

Collaborate

Earnings

Auto

Retail & Commerce

Exterior of Fira Gran Via in Barcelona, Spain.

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

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

Lenovo supplies laptops, PCs, smartphones, and data center solutions, supporting business productivity and personal computing across markets.

Lenovo

Transsion, an electronics brand popular in Africa, produces smartphones and feature phones tailored to local consumer preferences.

Transsion

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

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

Artificial Intelligence

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

Consumer Economy

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

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

Hardware

How do connected devices shape daily life? Examine IoT sensors, data platforms, and security protocols integrating smart tech into homes and cities.

Internet of Things

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

Robotics

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

Smartphones

How does information move at light speed? Review 5G rollouts, fiber networks, and connectivity standards advancing global communication.

Telecommunications

Europe

The annual Barcelona event offered a glimpse of the latest emerging technologies.

AI glasses, concept phones, and other technologies that stood out at MWC 2026

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

Photo shows Jia Guolong, founder of Xibei.

As backlash exposes deeper structural strains, Xibei’s founder is forced to rethink costs, pricing, and the chain’s ambitions.

Can Jia Guolong save Xibei by stepping back?

Photo of Cortical Labs chief science officer Brett Kagan (left) and CEO Hon Wen Chong.

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

Oceania

Singapore

Southeast Asia

Vietnam

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

Deals in brief: Gobi Partners backs Cortical Labs, TVS invests in Vietnam’s Dat Bike, 11 China deals, 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/bytedance">ByteDance</a> has denied online claims that its Wuhan R&amp;D center will shut down in June, refuting reports of mass layoffs. The company said about 50 employees will relocate due to business adjustments, adding that more than 2,000 staff remain in Wuhan across several business units.

Shenzhen-listed Jingxin Pharmaceutical has initiated a dual listing process aimed at a Hong Kong IPO. The company said proceeds will fund drug R&amp;D and marketing as sales of its insomnia treatment didacinil expand following its inclusion in China’s national reimbursement list.

<a href="/company/jd">JD.com</a> has launched its Joybuy <a href="/industry/e-commerce">e-commerce</a> platform in the UK and several European markets, promising same-day delivery for orders placed before 11 a.m. in selected cities. The expansion comes as the company seeks growth beyond China's online retail market.

FWD Group reported operating profit after tax of USD 499 million in 2025, up 5% YoY. New business sales rose 25% to USD 2.446 billion on an annualized premium equivalent basis, while net profit reached a record USD 166 million under IFRS 17.

HelloRide has issued an apology after a consumer rights program by state broadcaster <em>CCTV</em> exposed problems involving rental electric bicycles on its platform. The company said it operates a marketplace model and does not directly run offline stores, and pledged to strengthen oversight of merchants.

<a href="/company/bytedance">ByteDance</a> has reportedly put on hold the global launch of its Seedance 2.0 video-generation model after copyright disputes with Hollywood studios and streaming platforms. The delay follows legal threats from US studios, including Disney, over the alleged use of copyrighted characters.

Moonshot AI is aiming to raise up to USD 1 billion in a new funding round that could value the startup at about USD 18 billion, according to people familiar with the matter. The Kimi chatbot developer was <a href="https://kr-asia.com/moonshot-ai-sparks-investor-frenzy-as-z-ai-and-minimax-reset-valuation-benchmarks">valued at USD 10 billion</a> earlier this year.

<a href="/company/li-auto">Li Auto</a> said it has completed 97.5% of battery replacements under the Li Mega recall, with 11,128 of 11,411 vehicles fixed. Product line head Tang Jing said 283 vehicles remain pending and urged owners to complete the replacement due to potential safety risks.

<a href="/company/changan-automobile">Changan Automobile</a> has launched four upgraded car models in Mexico, including the Alsvin Plus sedan and the CS35 Max, CS55 Plus, and CS75 Plus SUVs. The move follows strong regional growth, with the company reporting its Mexico sales rose 184% in 2025.

<a href="/company/pop-mart">Pop Mart</a> is suing 3D printer maker Bambu Lab, alleging its MakerWorld platform hosted downloadable models of the Labubu character that users could 3D print at home. The case, filed in Shanghai, tests whether platforms can be held responsible for copyrighted designs shared by users, with a hearing scheduled for April 2.

China's National Medical Products Administration has approved Neuracle's implantable brain-computer interface (BCI) system designed to restore hand motor function in spinal cord injury patients. The approval marks the first time globally that an invasive BCI system has been cleared as a commercial medical product.

How does finance become frictionless? Examine digital banking, payment innovation, and lending platforms redefining financial access.

Fintech

What streamlines global commerce? Examine digital wallets, cross-border remittances, and instant settlement technologies.

Payments

As brands scale into international chains, infrastructure providers such as Sunmi emerge as key enablers.

Sunmi lays the rails for brands chasing global chain expansion

https://secure.gravatar.com/avatar/cd0d29f7b9fd019c7c0d49a09a1ec8b1?s=96&d=blank&r=g

T. K. Lin

Photo of Dong Hongguang, founder of Guangfan Technology.

Its first product, Lightwear, embeds a proprietary OS in earbuds to expand the offline scenarios where AI can assist.

China's Guangfan positions AI wearables as the next computing platform

China&#8217;s Guangfan positions AI wearables as the next computing platform

https://secure.gravatar.com/avatar/a1c02e0609a846ab19ab44182633a8d5?s=96&d=blank&r=g

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

What drives global exploration? Discover evolving tourism trends, hospitality services, and the shift toward personalized travel experiences.

Travel

Hong Kong

The Hong Kong carrier eyes a fuel surcharge hike, while Qantas and other peers rush to adjust.

Cathay logs higher profit as Iran war jolts airlines with "sudden shifts"

Cathay logs higher profit as Iran war jolts airlines with &#8220;sudden shifts&#8221;

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

ByteDance denies Wuhan closure rumor

Latest Pulses

Most Recent

Sunmi lays the rails for brands chasing global chain expansion

China’s Guangfan positions AI wearables as the next computing platform

Cathay logs higher profit as Iran war jolts airlines with “sudden shifts”