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

Baidu said it will take all available measures to be removed from a US list of companies allegedly supporting China’s military. The US Department of D…

Latest

Collaborate

Earnings

Auto

Retail & Commerce

Photo shows Shapotou, a scenic area in Zhongwei, Ningxia, known for the Tengger Desert.

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

Deep Tech

How is power evolving? Review renewable sources, grid innovations, and efficiency measures driving cleaner, more resilient energy systems.

Energy

China

The group aims to stabilize its revenue by operating a new facility in China’s vast western region.

Chinese solar giant Jinko to supply power to desert AI data center

Decoding China&#039;s tech and business pulse

KrASIA

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

Nikkei Asia

Photo of Iron, a humanoid robot developed by Xpeng.

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

Xpeng Motors builds intelligent EVs equipped with advanced infotainment systems, autonomous features, and sleek electric mobility designs.

Xpeng Motors

Embodied Intelligence

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

Robotics

Shi Xiaoxin helped define Xpeng’s humanoid robot product system.

Xpeng loses product lead before Iron robot enters critical phase

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 Christopher Chan and Lee Jun Xian, co-founders of Handshake Finance.

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

Europe

New Zealand

Oceania

Singapore

South Korea

Southeast Asia

Thailand

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

Deals in brief: Handshake Finance, Clear Robotics raise funding; VoidZero joins Cloudflare; GIC invests in Supabase and Ramp; 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/baidu">Baidu</a> said it will take all available measures to be removed from a US list of companies allegedly supporting China’s military. The US Department of Defense updated the list on June 8 to include Baidu, <a href="/company/alibaba">Alibaba</a>, <a href="/company/byd">BYD</a>, and others. While the designation does not trigger immediate sanctions, it restricts US military procurement from listed firms.

Midea will pause major acquisitions for the next three years, with management pledging to return net profits to shareholders. Chairman Fang Hongbo said the company is focusing on internal efficiency and new growth drivers as it moves away from aggressive capital expansion.

<a href="/company/xiaomi">Xiaomi</a> launched MiMo-V2.5-Pro-UltraSpeed mode on June 8. The update optimizes the model inference system to reach speeds of 1,000 tokens per second using standard GPUs, without requiring custom chips or sacrificing model performance.

<a href="/company/catl">CATL</a> and Solarpro have connected a 601 MWh energy storage project in Bulgaria to the grid. The project reportedly increases Bulgaria’s total energy storage capacity by about 15%, supporting the integration of wind and solar power. The companies plan to expand their collaboration over the next two years.

<a href="/company/deepseek">DeepSeek</a> has trained its DeepSeek-V4-Pro model using <a href="/company/huawei">Huawei’s</a> Ascend 910C <a href="/industry/ai">AI</a> computing cluster. The project, conducted by a research team in Shenzhen, is being positioned as evidence that Chinese-made hardware can support large model training.

StepFun plans to file for a Hong Kong IPO by the end of June. The AI firm recently completed a Series B+ round of more than RMB 5 billion, bringing its total funding to nearly USD 2.5 billion. It aims to become China’s third publicly traded large language model developer, following recent pivots toward agent-based models and partnerships with companies including Geely and Oppo.

CaoCao Mobility plans to establish an independent AI division as it seeks to become an AI-native company. The ride-hailing platform has posted a job opening for a chief AI officer to lead its strategy, technical roadmap, and companywide AI integration. The move follows a strong 2025, when CaoCao reported RMB 20.2 billion in revenue.

The US has added Alibaba, Baidu, and BYD to a list of companies it identifies as aiding China's military development. The update replaces an early 2025 list and includes major technology firms deemed critical to military and industrial development.

Moonshot AI's Kimi has launched Kimi Work, a desktop application that lets users deploy clusters of AI agents to automate complex workflows. The tool uses an “agent swarm” model for tasks including file organization, browser automation, and financial data analysis, allowing users to coordinate multiple AI agents for professional research and document production.

Chery said on June 8 that it has no plans for direct investment or technology transfers in India. The company said its partnership with Tata Group is limited to supplying vehicle components, denying media reports about platform licensing or technology exports.

CATL has unveiled a new EV battery said to charge from 10% to 98% in under 6.5 minutes. The technology is aimed at supporting global sales growth for Chinese EV manufacturers.

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

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

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

WeChat, Tencent’s superapp, combines messaging, social media, mobile payments, and mini-programs, streamlining daily tasks for over a billion users.

WeChat

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

Artificial Intelligence

Tencent is allowing smartphone makers to connect through controlled integrations rather than screen-reading agents.

Baidu opposes US military-linked list

Latest Pulses

Most Recent

Deals in brief: Handshake Finance, Clear Robotics raise funding; VoidZero joins Cloudflare; GIC invests in Supabase and Ramp; and more

Xpeng loses product lead before Iron robot enters critical phase

WeChat opens the door to phone-based AI agents, on its own terms