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JD.com founder Richard Liu said robots will eventually replace 700,000 delivery workers in China, according to the Financial Times. The company is tes…

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Photo shows a visitor playing a demo of Bringer at Bilibili World 2026.

Bilibili, an online entertainment platform, features anime, gaming videos, live streams, and interactive communities appealing to younger audiences.

Bilibili

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.

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Its strategy now spans indie publishing, platform-grown IP, and a broader slate of steadily advancing projects.

BW2026 shows Bilibili expanding its gaming push across multiple fronts

Decoding China&#039;s tech and business pulse

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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 a H1 humanoid robot, developed by Unitree Robotics, showcased at Mobile World Congress 2025.

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

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

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The robotics company intends to allocate nearly half of its IPO proceeds to embodied intelligence research.

China's Unitree says "GPT moment" for robots remains years away

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Zhaoxi Chen (left) and Fangzhou Hong, co-founders of Ropedia.

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.

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Deals in brief: Ropedia and PCG Global raise pre-Series A funding, HiDream.ai secures RMB 1.5 billion, four other 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.

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KrASIA tracks China’s tech and business stories, alongside key developments across the broader Asia Pacific region.

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<a href="/company/jd">JD.com</a> founder Richard Liu said robots will eventually replace 700,000 delivery workers in China, according to the Financial Times. The company is testing experimental versions of the automated delivery model.

HSBC Holdings will sell AUD 36 billion in Australian residential and personal loan assets to funds managed by Blackstone. The transaction is expected to close in H1 2027, pending regulatory approval. HSBC plans to wind down its remaining Australian retail operations over the next 18 months while retaining its corporate, institutional, and asset management businesses.

Amflow, an e-bike company spun off from <a href="/company/dji">DJI</a>, has surpassed RMB 1 billion in revenue after selling more than 30,000 high-end electric mountain bikes. The company plans to quadruple sales this year while expanding its lineup to include more accessible models.

Shell and <a href="/company/pop-mart">Pop Mart</a> have launched an exclusive Hacipupu collaboration across selected Asian markets, marking Pop Mart's first partnership with an energy brand. The campaign begins at Shell stations in China before expanding to Singapore, Thailand and the Philippines, offering limited-edition collectibles, themed activations and customer rewards.

<a href="/company/weride">WeRide</a> has partnered with Danish <a href="/industry/ev">EV</a> sharing platform GreenMobility to launch Denmark’s first commercial autonomous ride-hailing project. The deal marks WeRide’s entry into the Nordic market, making it the first Chinese robotaxi company to operate in the region.

Starbucks and Pop Mart are releasing a Molly-themed drink and merchandise collection to mark the character’s 20th anniversary. The collaboration, available from August 3, includes a strawberry and cream Frappuccino and lifestyle accessories.

CK Hutchison Holdings completed its exit from VodafoneThree, receiving GBP 4.3 billion for its 49% stake. The deal marks its third major UK asset sale in 2026, following divestments of Eversholt Rail and UK Power Networks, with total transaction value across various entities reaching about HKD 167.2 billion.

Hong Kong Exchanges and Clearing (HKEX) has launched China treasury futures, marking the first such product in an offshore market. The product gives global investors a tool to hedge onshore interest rate risks and supports the internationalization of the Chinese yuan.

MiniMax has open-sourced H3, its new-generation general video model. The multimodal system processes text, image, video, and audio inputs to generate 15-second videos at 2K resolution with native stereo audio.

<a href="/company/alibaba">Alibaba's</a> Qwen <a href="/industry/ai">AI</a> model is undergoing internal testing in Tesla’s vehicle environment in China. The integration is aimed at improving voice interaction and service capabilities, though Alibaba and Tesla have not confirmed a launch schedule or the extent of system permissions.

<a href="/company/alibaba">Alibaba</a> launched its Qwen3.8-Max <a href="/industry/ai">AI</a> model on August 3, featuring 2.4 trillion parameters. The model is designed to improve performance in programming, office tasks, long-range workflows, and multimodal operations. Alibaba also said model weights for Qwen3.8-Max and Qwen3.8-27B will be open-sourced next week.

Image of Roborock's Saros Rover cleaning robot.

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

Consumer Economy

Manufacturers are prioritizing distinct capabilities, such as climbing stairs, over lower prices.

China's cleaning robots mop up 70% of global share through innovation

China&#8217;s cleaning robots mop up 70% of global share through innovation

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Image shows the SkyNomad N90 extended-range electric SUV.

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

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.

Mobility

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

Transportation

The new lineup expands Xiaomi’s appeal beyond younger, performance-focused buyers to the family vehicle market.

Xiaomi targets faster sales growth with new SkyNomad SUVs

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

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IPO Zaozhidao

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

Artificial Intelligence

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

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Who thrives in a digitally democratized landscape? Discover how independent creators, influencers, and educators monetize content and expertise.

Creator Economy

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

Video

The former Tencent and Anuttacon researcher brings experience in human-centric, multimodal video systems.

Bilibili appoints Ailing Zeng to lead its AI video generation business

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JD.com founder sees robot couriers replacing jobs

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China’s cleaning robots mop up 70% of global share through innovation

Xiaomi targets faster sales growth with new SkyNomad SUVs

Bilibili appoints Ailing Zeng to lead its AI video generation business