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Baixin Bank reported 2025 net profit of RMB 453 million, down 30.58% YoY, citing a RMB 3.58 billion credit impairment loss as advertising spending ros…

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Sea Group operates digital entertainment (Garena), e-commerce (Shopee), and fintech (SeaMoney) platforms across Southeast Asia.

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Shopee, a Southeast Asian online marketplace, features interactive shopping, flash deals, and localized payment options.

Shopee

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

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The company beat estimates as first-quarter revenue exceeded USD 7 billion.

Singapore's Sea logs drop in e-commerce profit as competition intensifies

Decoding China&#039;s tech and business pulse

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As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

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How do we store tomorrow’s power? Evaluate battery R&amp;D, manufacturing progress, and recycling strategies fueling energy independence.

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The USD 210 million deal gives it access to lithium resources in Ghana and Ivory Coast.

China's Huayou to buy Africa-focused Australian miner in lithium rush

China’s tech ecosystem serves as a driving force behind the world’s second largest economy, influencing global digital markets.

Tencent, a Chinese tech conglomerate, invests in gaming, social media, and cloud services, supporting entertainment and connectivity worldwide.

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Deals in brief: FusionAP raises pre-seed funding, SeaX Ventures backs US-based Melazyme, seven 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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Baixin Bank reported 2025 net profit of RMB 453 million, down 30.58% YoY, citing a RMB 3.58 billion credit impairment loss as advertising spending rose 103%.

The Harmony Intelligent Mobility Alliance, or HIMA, said cumulative Aito M7 deliveries reached 450,000 units on May 19.

Sun Huajun, CTO of <a href="/company/byd">BYD's</a> battery business, said the company's second-generation blade battery can charge from 10% to 70% in five minutes without reducing lifespan and maintains performance at -30 degrees Celsius.

Niu Technologies reported Q1 2026 revenue of RMB 910 million, up 33.4% YoY, as electric scooter sales reached 261,624 units and net loss came in at RMB 93.9 million.

SMIC received regulatory approval to acquire the remaining 49% of SMIC North for RMB 40.6 billion, making the unit wholly owned through an all-stock transaction.

GigaDevice launched three brushless motor gate drivers on May 19, covering 40-, 120, and 600-volt platforms, with all models reportedly in mass production.

Lalamove has filed for a Hong Kong IPO for the seventh time, ahead of a November 8 deadline tied to redemption clauses on USD 4.8 billion in convertible preferred shares.

Deep Robotics has filed for a Shanghai Stock Exchange IPO to raise RMB 2.5 billion after reporting 2025 revenue of RMB 340 million and net profit of RMB 28.68 million.

Bambu Lab drew flak from the open-source community after sending a legal notice to a developer who built a tool to bypass the company’s software restrictions.

Lens Technology plans to acquire a 27.81% stake in Ju Teng International for HKD 734 million, then offer HKD 2.2 per share for the remaining shares.

China Resources Land (CR Land) received Hong Kong Stock Exchange approval on May 15 to spin off two shopping malls into a Shenzhen REIT expected to raise RMB 5.41 billion.

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

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Xiaohongshu, also known as RedNote, is a platform that connects users to curated content for fashion, beauty, travel, and more.

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

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Xiaohongshu is elevating AI across its organization while trying to protect the community that made it valuable.

Four years after ChatGPT, Xiaohongshu’s AI restraint gives way to urgency

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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Cheng Zi

An artist’s concept that shows how NASA’s Lunar Trailblazer enters lunar orbit.

How do we operate off Earth? Explore satellites, launch services, and research ventures pioneering new space economies.

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Asia's supply chain is gearing up as Google, Nvidia, and space tech startups shoot for the stars.

The AI space race: US and China bet big on orbital data centers

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Baixin Bank profit falls 31%

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Deals in brief: FusionAP raises pre-seed funding, SeaX Ventures backs US-based Melazyme, seven China investments, and more

Four years after ChatGPT, Xiaohongshu’s AI restraint gives way to urgency

The AI space race: US and China bet big on orbital data centers