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

DeepSeek raised about USD 7 billion in its first external funding round at a USD 59 billion valuation, with Tencent, CATL, and founder Liang Wenfeng p…

Latest

Collaborate

Earnings

Auto

Retail & Commerce

A collage featuring, from left to right, promotional banners for Legend of Zang Hai 2, Regeneration 2, and Blood River 2.

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

What drives digital storytelling? Examine content creation, distribution channels, and media platforms connecting audiences worldwide.

Content

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

Creative

What entertains a connected world? Track shifts in film, music, and media consumption, as platforms and audiences redefine cultural experiences.

Entertainment

How do visuals captivate global viewers? Dive into streaming services, production models, and evolving formats defining video engagement.

Video

The company is using sequels, animation, and offline experiences to extend the value of stories beyond the screen.

Alibaba’s Hujing sees longform IP as a counterweight to short-form content

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

Huawei, a global telecom and smartphone vendor, delivers networking equipment, 5G solutions, and consumer devices integrating cutting-edge tech.

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

Deep Tech

What powers digital devices? Delve into chip design, manufacturing bottlenecks, and semiconductor breakthroughs fueling global electronics.

Semiconductors

The Chinese company said its new chipmaking approach could help it match TSMC and Intel by 2031.

Huawei says new Kirin chip for phones overcomes US clampdown

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

Nikkei Asia

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

Japan

Singapore

Southeast Asia

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

Deals in brief: SG Enviro completes Series A round, Return Helper raises USD 4 million, 14 new 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/deepseek">DeepSeek</a> raised about USD 7 billion in its first external funding round at a USD 59 billion valuation, with <a href="/company/tencent">Tencent</a>, <a href="/company/catl">CATL</a>, and founder Liang Wenfeng participating.

Liuliumei plans to offer about 11.46 million H-shares at HKD 43.58 each, with trading expected to begin June 15, according to a Hong Kong filing.

Leapmotor will launch updated C10, C11, and C16 models on June 16, with the C10 featuring new exterior styling, revised lighting and added interior features including second-row tables.

Homeplus has approached <a href="/company/alibaba">Alibaba</a> and Temu as potential buyers for its hypermarket and online units, as PwC Korea markets the assets to over ten investors ahead of a July 3 court restructuring deadline.

<a href="/company/xiaomi">Xiaomi</a> will launch the 17T Pro on June 8, featuring a MediaTek Dimensity 9500 chip built on a 3-nm process, with a 33% GPU performance gain and 42% lower power use, plus a Leica triple camera.

The Huawei-led Harmony Intelligent Mobility Alliance (HIMA) has introduced a RMB 20,000 trade-in discount for the Maextro S800 sedan, targeting owners of select luxury car brands. The offer excludes existing HIMA trade-in incentives.

<a href="/company/bytedance">ByteDance's</a> AI assistant Doubao lost 6.07 million monthly active users in May, a 1.81% decline, after introducing paid subscription tiers. It remains China’s largest consumer AI app with 330 million users, while <a href="/company/alibaba">Alibaba</a>’s Qwen gained 13 million to reach 234 million.

Merus Power and <a href="/company/catl">CATL</a> have signed an agreement to deliver about 3 GWh of battery energy storage systems (BESS) in Northern Europe, targeting grid-scale projects in the region.

Luxeed has recruited a former Ferrari chief designer and a chassis tuning team with experience at BMW and Aston Martin, according to executive vice president Zhao Changjiang. The brand, part of the Harmony Intelligent Mobility Alliance (HIMA), currently offers the S7, R7, and V9 models and plans to expand its lineup.

ZTE has announced a partnership with <a href="/company/tencent">Tencent</a> to launch an <a href="/industry/ai">AI</a> cloud computer featuring the latter's WorkBuddy agent. The device integrates Tencent Cloud computing power and the Hunyuan large model, targeting students, professionals, and small teams.

Sany Heavy Industry and XCMG will raise prices for several crane models by 2–5% starting July 1. The companies cited rising raw material and manufacturing costs.

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

AI Infrastructure

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

Artificial Intelligence

Foundation and Large Models

The video model has become a key growth driver for ByteDance’s AI business.

ByteDance raises Volcano Engine’s MaaS revenue target on Seedance 2.0 growth

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

Hong Kong

The financing is being viewed as a pre-IPO round, with Kling’s pre-money valuation equal to about two-thirds of Kuaishou’s market value.

Kuaishou’s Kling AI seeks fresh funding ahead of planned 2027 IPO

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

https://secure.gravatar.com/avatar/67ae9d03f1a90341b57a164fd6549e93?s=96&d=blank&r=g

IPO Zaozhidao

Photo shows CRP’s RHM-T1W wheeled humanoid robot on display at Hannover Messe 2026.

Embodied Intelligence

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

Robotics

The company is moving beyond traditional robots into higher-value systems designed for smart manufacturing.

DeepSeek raises USD 7 billion

Latest Pulses

Most Recent

ByteDance raises Volcano Engine’s MaaS revenue target on Seedance 2.0 growth

Kuaishou’s Kling AI seeks fresh funding ahead of planned 2027 IPO

CRP advances Hong Kong IPO plan as it expands in industrial robotics