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While China’s tea chains race to open stores, Molly Tea is opting for a more measured expansion. Will this strategy give it an edge, or leave it lagging behind?

Molly Tea isn’t rushing into China’s tea wars—could that be the smarter move? | KrASIA

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Molly Tea isn’t rushing into China’s tea wars—could that be the smarter move?

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

KrASIA Connection curates technology and innovation updates from China.

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Angel Investing

Investment

Merger &amp; Acquisition

Private Equity

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

Indonesia

Singapore

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: MindWorks Capital raises USD 220 million for new fund, Chickin and watchTowr reportedly bag Series A funding, four China deals, and more | KrASIA

Deals in brief: MindWorks Capital raises USD 220 million for new fund, Chickin and watchTowr reportedly bag Series A funding, four China deals, and more

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KrASIA Writers

Baidu

Bringing together the latest business insights and trends of China's tech ecosystem.

China Tech

Autonomous Vehicles is about self-driving. A self-driving car is also known as a robot car, autonomous car, or driverless car, is a vehicle that is capable of sensing its environment and moving with little or no human input.

Autonomous Vehicles

Mobility

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

Ride-hailing encompasses a range of companies and services, including traditional taxis and car services. 

Ride-hailing

With plans to launch in Hong Kong, Singapore, and the Middle East, Baidu’s robotaxi service aims to break new ground as competition in self-driving intensifies.

Baidu’s Apollo Go eyes global expansion as robotaxi race heats up | KrASIA

Baidu’s Apollo Go eyes global expansion as robotaxi race heats up

KrASIA | News Archives

Japan

Deals in brief: Secai Marche raises USD 2.1 million, EDBI and Seeds Capital form SG Growth Capital, seven China deals, and more | KrASIA

Deals in brief: Secai Marche raises USD 2.1 million, EDBI and Seeds Capital form SG Growth Capital, seven China deals, and more

Malaysia

Thailand

The Laos-China railway has become a key gateway for Thai and Malaysian exports.

Thailand's new rail links carry hope for expanded Chinese trade | KrASIA

Thailand&#8217;s new rail links carry hope for expanded Chinese trade

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

India

Korea

Philippines

Deals in brief: Thailand’s APX Solutions snags fresh funding, MUFG invests in USD 393 million in Mynt, Canva acquires Leonardo AI, and more | KrASIA

Deals in brief: Thailand’s APX Solutions snags fresh funding, MUFG invests in USD 393 million in Mynt, Canva acquires Leonardo AI, and more

MENA

Deals in brief: Slice snags USD 17.5 million, Dubai-based National Pulse invests in Aleta Planet, Japan’s Otsuka Pharma to acquire Jnana Therapeutics, and more | KrASIA

Deals in brief: Slice snags USD 17.5 million, Dubai-based National Pulse invests in Aleta Planet, Japan’s Otsuka Pharma to acquire Jnana Therapeutics, and more

Deals in brief: Beep closes USD 3.3 million round, M-DAQ Global acquires Easy Pay Transfers, ten China and India deals, and more | KrASIA

Deals in brief: Beep closes USD 3.3 million round, M-DAQ Global acquires Easy Pay Transfers, ten China and India deals, and more

Pinduoduo is an e-commerce platform allowing users to participate in group buying deals. It was founded by Colin Huang as Shanghai Dream Information Technology Co., Ltd. in September 2015.

Pinduoduo

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Europe

Temu

Not slowing down, Temu is shifting to a partial consignment model as part of a strategic change to sustain growth in the US and Europe.

PDD's Temu racks up USD 20 billion in first-half sales, surpassing 2023 total | KrASIA

PDD&#8217;s Temu racks up USD 20 billion in first-half sales, surpassing 2023 total

Google LLC is an American multinational technology company that specializes in Internet-related services and products, which include online advertising technologies, search engine, cloud computing, software, and hardware. It is considered one of the Big Four technology companies, alongside Amazon, Apple and Facebook. 

Google

Japan, Korea, and the West

Deals in brief: AwanTunai secures debt facility from HSBC, RevComm completes pre-Series B round, Alphabet injects USD 5 billion into Waymo, and more | KrASIA

Deals in brief: AwanTunai secures debt facility from HSBC, RevComm completes pre-Series B round, Alphabet injects USD 5 billion into Waymo, and more

Creative

Fashion

Retail

With a focus on brick-and-mortar stores, Urban Revivo's parent company is eyeing a USD 13 billion sales goal and an IPO.

China's Zara challenger Urban Revivo ramps up global growth plans | KrASIA

China&#8217;s Zara challenger Urban Revivo ramps up global growth plans

In computer science, artificial intelligence (AI), sometimes called machine intelligence, is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans and animals.

Deep Tech

OpenAI is going head-to-head with Google with the launch of SearchGPT.

News

Deals in brief: Secai Marche raises USD 2.1 million, EDBI and Seeds Capital form SG Growth Capital, seven China deals, and more

Thailand’s new rail links carry hope for expanded Chinese trade

Deals in brief: Thailand’s APX Solutions snags fresh funding, MUFG invests in USD 393 million in Mynt, Canva acquires Leonardo AI, and more

Deals in brief: Slice snags USD 17.5 million, Dubai-based National Pulse invests in Aleta Planet, Japan’s Otsuka Pharma to acquire Jnana Therapeutics, and more

Deals in brief: Beep closes USD 3.3 million round, M-DAQ Global acquires Easy Pay Transfers, ten China and India deals, and more

PDD’s Temu racks up USD 20 billion in first-half sales, surpassing 2023 total

Deals in brief: AwanTunai secures debt facility from HSBC, RevComm completes pre-Series B round, Alphabet injects USD 5 billion into Waymo, and more

China’s Zara challenger Urban Revivo ramps up global growth plans

OpenAI launches SearchGPT, Google’s latest search rival

Most Recent

Molly Tea isn’t rushing into China’s tea wars—could that be the smarter move?

Deals in brief: MindWorks Capital raises USD 220 million for new fund, Chickin and watchTowr reportedly bag Series A funding, four China deals, and more

Baidu’s Apollo Go eyes global expansion as robotaxi race heats up