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 established an independent department to integrate shopping features into its Hongguo short drama app. The move is aimed at monetizing t…

Latest

Collaborate

Earnings

Auto

Retail & Commerce

Image shows Lightelligence’s Pace 2 accelerator card.

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

China

Hong Kong

Investors are tracking photonics-based systems as demand grows for faster, denser, and more efficient AI infrastructure.

Lightelligence debuts in Hong Kong as optoelectronic computing gains traction

Decoding China&#039;s tech and business pulse

KrASIA

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

IPO Zaozhidao

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.

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

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

TikTok

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.

TikTok Shop

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

Consumer Economy

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

E-commerce

TikTok Shop’s growth across regions was a key driver.

ByteDance’s global e-commerce push lifts revenue as AI costs mount

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

How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

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

Singapore

Southeast Asia

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

Deals in brief: Cube and PvX Partners raise Series A funding; Singapore’s MPA backs six firms; eight 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/bytedance">ByteDance</a> has established an independent department to integrate shopping features into its Hongguo short drama app. The move is aimed at monetizing the platform's user base as the company seeks new growth drivers. Hongguo reported RMB 20 billion in advertising revenue in 2025 and will now allow users to purchase items directly within the app interface.

DJI secured a 66.2% market share in China's online retail segment for action, panoramic, and wearable cameras during April 6–19, according to a report by Runto Technology. The company also reported that sales of its Pocket 4 camera increased tenfold in its first week compared with the previous generation.

Sunrate has secured a Class B license from Bank Negara Malaysia, allowing it to offer regulated money remittance services in the country. The approval enables full-scale operations and supports cross-border payments, building on its Kuala Lumpur shared services center.

CATL has signed a three-year agreement with HyperStrong to supply 60 GWh of sodium-ion batteries for energy storage, reportedly the largest deal of its kind. The partnership covers R&amp;D, applications, and deployment, supporting large-scale commercialization of sodium-ion battery tech.

Jiyue Auto has entered judicial reorganization after a court approved the consolidation of its affiliated entities. The move follows a pre-restructuring phase aimed at attracting new investors, protecting user rights, and revitalizing assets.

37 Interactive Entertainment reported a 59.02% YoY increase in Q1 2026 net profit to RMB 873 million, with revenue rising to RMB 3.72 billion. The company attributed the growth to its product strategy, including new title launches and continued performance from existing games.

Unitree Robotics launched a dual-arm humanoid robot on April 30, with pricing starting at RMB 26,900. The robot includes a binocular vision computing module, 15–31 degrees of freedom, and a head module with 10 TOPS of computing power. It supports interchangeable end-effectors, including two-, three-, and five-finger configurations, and can be mounted on fixed or mobile bases.

GoTo Group reported its first net profit of IDR 171 billion in Q1 2026, reversing a loss from the year earlier. Revenue rose 26% YoY to IDR 5.3 trillion, while core GTV grew 65% YoY to IDR 138 trillion and adjusted EBITDA increased 131% YoY to IDR 907 billion.

The Harmony Intelligent Mobility Alliance has delivered more than 5,000 units of the Aito M6 as of April 30. It has launched nationwide deliveries of the SUV, which starts at RMB 259,800, and plans to increase production capacity to 20,000 units per month.

Oppo has established a sub-brand business unit to consolidate marketing and product operations across OnePlus and Realme. Oppo senior vice president Sky Li will lead the division, while Xu Qi oversees marketing and service. Realme's R&amp;D teams will be integrated into Oppo's hardware and imaging divisions.

<a href="/company/ant-group">Ant Group</a> has launched a mobile "world model" in its LingGuang app, enabling users to generate explorable 3D environments from a single image. The feature is powered by Robbyant's open-source LingBot-World-Fast model.

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

Deep Tech

Embodied Intelligence

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

Robotics

The company builds on its background in computer vision technology.

Reconova targets embodied intelligence with robots deployed in airports

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

Malaysia

The yard robotics company marks a mass production milestone.

Willand reaches one million units, expands production in China and Malaysia

Cambodia

India

Indonesia

Japan

Myanmar

Philippines

South Korea

Thailand

Vietnam

The AI boom is lifting stocks to record highs, while the Strait of Hormuz closure is pushing up oil prices.

Asia's great disconnect: Markets boom as Iran war fuels cost of living crisis

Asia&#8217;s great disconnect: Markets boom as Iran war fuels cost of living crisis

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 launches Hongguo e-commerce arm

Latest Pulses

Most Recent

Reconova targets embodied intelligence with robots deployed in airports

Willand reaches one million units, expands production in China and Malaysia

Asia’s great disconnect: Markets boom as Iran war fuels cost of living crisis