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

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

China

TikTok hosts short-form videos spanning entertainment, education, and branded content, capturing global audiences and driving cultural trends.

TikTok

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

Entertainment

How does interactive entertainment evolve? Assess gaming ecosystems, esports growth, and technology enhancing virtual play.

Gaming

The gaming segment now has over 2,000 staffers in the three main brands Nuverse, Ohayoo, and Pixmain.

ByteDance bets big on games with new Nuverse website

Home

Decoding China&#039;s tech and business pulse

KrASIA

Wency Chen is a reporter KrASIA based in Beijing, covering tech innovations in&amp;beyond the Greater China Area. Previously, she studied at Columbia Journalism School and reported on art exhibits, New York public school systems, LGBTQ+ rights, and Asian immigrants. She is also an enthusiastic reader, a diehard fan of indie rock and spicy hot pot, as well as a to-be filmmaker (Let’s see). Follow her on Twitter: @ChenWQ45 Tips go to: wency@kr-asia.com

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Wency Chen

Enterprise services is an over-arching term to describe an architecture combining engineering discipline and computer science to solve practical business problems. 

Enterprise Services

What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

Private Equity

Black Lake counts Xiaomi, Sinopec, Tesla, and L'Oréal among its clients. Shanghai-based Software-as-a-Service (SaaS) vendor Black Lake has closed a RMB 77.4 million (USD 500 million) Series C round led by Temasek and joined by Huaxing Growth Capital, Lightspeed China Partners, GSR Ventures, Bertelsmann Asia Investments (BAI Capital), GGV Capital, and ZhenFund, according to a post on the startup's official WeChat account on Monday.

Temasek leads Black Lake investment in China's thriving manufacturing software sector

Temasek leads Black Lake investment in China&#8217;s thriving manufacturing software sector

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Song Jingli

Meituan, China’s all-in-one local services platform, covers food delivery, travel bookings, and lifestyle deals, simplifying daily consumer choices.

When do companies invite public investment? Understand listing criteria, underwriter roles, and regulatory steps defining initial offerings.

The battery-sharing market is expected to increase 70.2% this year to exceed USD 2.25 billion. Shanghai-based Energy Monster is reportedly eyeing a US public listing that could raise as much as USD 300 million, becoming the first stock in the battery-sharing business, according to 36Kr.

KEY STAT | SoftBank-backed power bank rental firm Energy Monster plans US IPO

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Julianna Wu

Dream11, India’s fantasy sports platform, engages cricket and football fans who create virtual teams to compete for prizes.

Dream11

India’s tech landscape blossoms with e-commerce startups, fintech innovations, and IT services shaping a growing digital consumer base.

India

This round will value Dream11 at around USD 4 billion. India's largest online fantasy sports company Dream11 might see a 60% jump in its valuation with the secondary share sale that will give an exit to China’s Tencent Holdings, India’s Kalaari Capital, and Multiples Alternate Asset Management.

Tencent to exit India's fantasy sports company Dream11 in the secondary share sale

Tencent to exit India&#8217;s fantasy sports company Dream11 in the secondary share sale

I cover Indian tech, startup, venture capital ecosystems for KrASIA.

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Moulishree Srivastava

Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

Ant Group, a fintech powerhouse, offers digital payments, wealth management tools, and micro loans, enabling borderless, mobile-first financial services.

Ant Group

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

Consumer Economy

What happens when banking goes virtual? Study no-branch platforms, biometric authentication, and seamless financial services.

Digital Banks

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

E-commerce

How does finance become frictionless? Examine digital banking, payment innovation, and lending platforms redefining financial access.

What streamlines global commerce? Examine digital wallets, cross-border remittances, and instant settlement technologies.

Payments

Tencent's WeBank also joins the six state-owned banks in the pilot. Ant Group-backed MYbank and Tencent-backed WeBank will be the first two digital banks to join China's central bank's push in issuing electronic forms of its fiat currency, Bloomberg reported on Monday, echoing previous reports from Chinese media.

China enlists Ant-backed MYbank in expanding digital yuan trial

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

Southeast Asia

Singapore

Wise processes USD 6.3 billion in cross-border transactions every month. Global technology company TransferWise announced on Monday that it has undergone a rebranding, in which it is renamed to Wise. Launched in 2011, Wise started out as a money transfer service for consumers, and has since expanded to build a cross-border payments network that aims to make international banking cheaper, faster and seamless.

TransferWise rebrands as Wise, to hire over 70 new staff in Singapore

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Vulcan Post

How does credit flow online? Explore digital lending tools, alternative scoring, and services accelerating capital access.

Lending

The regulator intends to bring down the leverage ratio of Chinese fintech companies. China's Banking and Insurance Regulatory Commission (CBIRC) has set new quantitative requirements for commercial banks that grant online loans in a move to boost the healthy development of the sector.

China issues new online loan rules to lower financial risk

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

Venture Capital

Eduardo Saverin will serve as special advisor. B Capital Technology Opportunities, a blank-check company formed by investment firm B Capital Group, has filed for an IPO to raise USD 300 million on Nasdaq, according to a filing with the US Securities and Exchange Commission (SEC). It plans to offer 30 million units at USD 10 apiece.

Facebook co-founder’s firm looks to raise USD 300 million in US IPO via SPAC

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Tech in Asia

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

Artificial Intelligence

Niki, an AI-enabled household manager for small town consumers, helps users order groceries as well as pay utility bills. Tthe team behind Niki, a virtual assistant, is going after consumers in small towns, so its founders decided to set up shop in Udaipur, a tier-2 city in the western state of Rajasthan that has just 451,000 residents.

This voice assistant runs errands for semi-rural users in India | Tales from India’s Towns

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Avanish Tiwary

How can businesses drive positive change? Study policies, ESG strategies, and community initiatives fostering global social advancement.

Social Impact

Myanmar

Myanmar's governmental web portals often have scant security measures in place. An activist group that advocates for information transparency released a stash of documents, revealing the corporate ownership of around 120,000 registered companies in Myanmar on Saturday.

Massive data trove from 120,000 Myanmar companies surface online in Wikileaks-style release

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