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Moonshot AI has launched a desktop application that can coordinate up to 300 AI agents for complex workflows. The company also released the open-sourc…

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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

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

AI Infrastructure

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

Artificial Intelligence

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

Deep Tech

Huawei is focusing on domestic computing power and enterprise use cases as rivals compete on cheaper AI inference.

Huawei Cloud shifts the AI cloud fight beyond token prices

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

Li-Ning, a Chinese sportswear brand, focuses on performance-driven footwear and apparel, combining functionality with contemporary design.

Li-Ning

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

Consumer Economy

The Chinese sportswear brand is counting on Curry Brand becoming a long-term global asset.

Will Li-Ning’s Stephen Curry deal cut both ways?

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.

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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.

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What fuels startup ecosystems? Review funding rounds, investor strategies, and market insights guiding entrepreneurial growth.

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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.

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Moonshot AI has launched a desktop application that can coordinate up to 300 AI agents for complex workflows. The company also released the open-source Kimi-K2.7-Code model, which reduces reasoning token consumption by 30%.

Anker Innovations has begun gauging investor interest for a Hong Kong IPO. The consumer electronics manufacturer plans to raise up to USD 700 million in the coming weeks, with CICC, Goldman Sachs, and JPMorgan serving as joint sponsors.

<a href="/company/ant-group">Ant Group</a> is reportedly testing an <a href="/industry/ai">AI</a> agent interface for Alipay. The update would let users complete tasks such as booking rides, ordering coffee, arranging takeout, and managing investments by typing or speaking requests, intensifying Alipay’s competition with WeChat.

<a href="/company/dji">DJI</a> and <a href="/company/insta360">Insta360</a> have overtaken GoPro in the global action camera market, with DJI capturing a 66% share as of Q3 2025. GoPro, which held 84% of the market in 2022, reported a USD 80.82 million net loss in Q1 2026 and warned of substantial doubt about its ability to continue as a going concern.

WeRide, Uber, and Avomo plan to launch Spain’s first commercial robotaxi pilot in Madrid later this year. WeRide has also outlined plans to deploy its Level 4 autonomous vehicle portfolio in Slovakia, with selected models expected to enter commercial operations in 2026.

<a href="/company/huawei">Huawei</a> is evaluating whether to deploy its Ascend chips in cloud and <a href="/industry/ai">AI</a> services in Latin America. Mark Chen, LATAM president of Huawei Cloud, confirmed the study, which would expand the reach of Chinese-designed hardware in a market dominated by US suppliers.

Kweichow Moutai will scale back cross-industry retail collaborations to focus on its core liquor business, chairman Chen Hua said at the company’s annual shareholder meeting. The company plans to prioritize base liquor production and maintain a supply-demand-based pricing strategy. Moutai also said it has no current plans for a stock split.

<a href="/company/alibaba">Alibaba</a> is said to be bidding USD 1.5 billion to acquire Chinese fresh food delivery platform Pupu. The offer is reportedly more than double a previous valuation proposed by Sun Art Retail.

<a href="/company/xpeng">Xpeng</a> is developing a wagon model under its Mona series, according to leaked photos. The project has been confirmed internally, though the vehicle is not expected to launch this year.

Woodside Energy exercised its preemptive right to acquire PetroChina’s 10.67% stake in the Browse gas fields for USD 225 million, blocking a planned sale to Japan’s Inpex. The deal includes a USD 175 million contingent payment tied to a final investment decision by June 30, 2032. The acquisition would raise Woodside’s interest in the project to 41.27%.

Kenya has selected China Communications Construction Company (CCCC) to lead a USD 2.9 billion upgrade of Nairobi’s Jomo Kenyatta International Airport. Construction is expected to begin this month, with funding from privatization proceeds and commercial loans. The project follows the cancellation of a previous proposal from Indian billionaire Gautam Adani’s company.

Photo shows the AIVA ME7 electric vehicle.

Seres

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

How is the way we move evolving? Explore developments in autonomous transportation, electric vehicles, and more efficient urban transit.

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How do goods and people flow worldwide? Examine transport networks, logistics innovations, and policies shaping global connectivity.

Transportation

The new brand will work with ByteDance’s Volcano Engine to define and design an AI-native vehicle experience.

Seres-backed AIVA debuts, with first car model set for unveiling this year

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

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Photo of Luo Fuli, head of Xiaomi’s MiMo team, speaking during the Beijing Academy of Artificial Intelligence (BAAI) Conference on June 12.

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

Foundation and Large Models

For all its merits, Anthropic’s Claude Fable 5 might not be AI’s endpoint.

Xiaomi’s Luo Fuli says Claude Fable 5 is an interim step in AI’s evolution

Japan

Japan is seeking partnerships in Asia to build more resilient supply chains.

What naphtha shortage? China extends petrochemicals lead amid US-Iran conflict

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

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Moonshot AI launches agent platform

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Seres-backed AIVA debuts, with first car model set for unveiling this year

Xiaomi’s Luo Fuli says Claude Fable 5 is an interim step in AI’s evolution

What naphtha shortage? China extends petrochemicals lead amid US-Iran conflict