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Nayuki brews up hip tea culture with IPO in sight

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

China

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

Consumer Economy

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

How do platforms deliver on immediacy? Analyze ride-hailing, instant deliveries, and gig models meeting consumer needs fast.

On-demand Services

How do stores adapt to digital shifts? Explore e-commerce integration, inventory analytics, and omnichannel strategies for modern shoppers.

Retail

Visual Stories

Founded in 2015, Nayuki has won over millions of Chinese consumers with its "new-style tea drinks"—a blend of fresh tea, milk foam, and fruit chunks served in a to-go bottle that is designed to keep lipstick stains off its rim. While coffee chains like Starbucks, Tim Hortons, and Luckin struggle to find their way in a country where tea is favored over coffee, Nayuki is brewing up an IPO in Hong Kong at a time when it racked up net losses to the tune of RMB 27.5 million (USD 4.26 million) in the first nine months of 2020.

BIZ IN GRAPHICS | Nayuki brews up hip tea culture with IPO in sight

Home

Decoding China&#039;s tech and business pulse

KrASIA

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Julianna Wu

The Middle East’s growing tech ecosystem harnesses the enterprising spirit of innovators from its diverse cultural markets.

Middle East

Across the board, women need more representation in Israel's tech enterprises.

'Glass ceiling hasn't cracked' for women in senior tech roles in Israel

&#8216;Glass ceiling hasn&#8217;t cracked&#8217; for women in senior tech roles in Israel

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NoCamels

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

Southeast Asia

How does dinner arrive at your door? Study platform partnerships, last-mile delivery, and culinary trends powering the takeaway economy.

Food Delivery

Indonesia

Food delivery continues to experience significant growth in Indonesia. Esensi Solusi Buana (ESB) has created a cloud-based mobile ordering system that syncs up with a restaurant's point of service and kitchen management. It allows food outlets to launch their own online delivery service, and so save the commission they would pay to Grab or Gojek.

Indonesian SaaS platform ESB helps restaurants deliver food

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Ursula Florene

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

India

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

Gaming

Maple Capital projects the capital inflow in homegrown gaming firms will double to over USD 1 billion in the next 12 to 18 months

Indian gaming startups raised over USD 500 million in the last six months

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

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Moulishree Srivastava

Events

UNLEASH TOKYO 2021 was held successfully on 9 - 11 March and saw speakers discuss the business opportunities for foreign startups in Tokyo, encouraging them to expand into Tokyo.

UNLEASH TOKYO 2021 — Highlights from the 3-day Online Summit

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Nobuatsu Kumon

Baidu leads Chinese search engines, voice assistants, autonomous driving research, and AI platforms connecting users with information and services.

Baidu

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

Kunlun, the AI chip unit of internet giant Baidu (NASDAQ: BIDU), has reportedly reached a valuation of USD 2 billion after a new round of funding. CITIC Private Equity Funds Management was leading the fundraising that was joined by a group of investors including IDG Capital and Legend Capital, an unidentified source told Reuters.

KEY STAT | Baidu closes funding round for AI chip segment

What changes the way we shop? Review fresh inventory management, dark stores, and logistics driving door-to-door grocery services.

Grocery Delivery

Myanmar

Myanmar blocked mobile internet services on Monday, a day after 70 people have been killed in the bloodiest crackdown since the military coup on February 1, reported Radio Free Asia.

Myanmar blocks mobile internet after bloodiest night since coup

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KrASIA Writers

The focus is on quantum technology, which will affect economic competitiveness in the medium and long term. The US has been the front-runner of the world in various technologies, but in quantum technology, China is taking the lead. Cooperation with allies such as Japan will be key for the administration of US President Joseph Biden to keep his country competitive in this area.

China emerges as quantum tech leader while Biden vows to catch up

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

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Nikkei Asia

Foodpanda, a food delivery platform in multiple Asian countries, connects diners with local restaurants and international cuisines.

Foodpanda

Q&amp;A

Pedram Assadi is the chief operating officer (COO) of Foodpanda APAC. He was appointed on the role in January 2019 to oversee all ongoing Foodpanda's business operations in the region. Previously, Pedram spent more than ten years in tech, including stints at Amazon and IBM.

Tuning In | Foodpanda COO Pedram Assadi on his journey and the firm's social impact initiatives

Tuning In | Foodpanda COO Pedram Assadi on his journey and the firm&#8217;s social impact initiatives

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Taro Ishida

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

Venture Capital

After spending more than four years at Singapore-based family office RB Investments, Harshavardhan Bothra launched his own VC fund, FounderBank Capital, in January 2020.

Some investors see startups and venture capital as a 'lottery system' | Q&A with Harsh Bothra of FounderBank Capital

Some investors see startups and venture capital as a &#8216;lottery system&#8217; | Q&#038;A with Harsh Bothra of FounderBank Capital

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