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36Kr (EN)

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

China Tech

Biotech

Deep Tech

A Hong Kong listing rarely boosts Chinese firms’ valuations, but Hengrui Pharmaceuticals might still take the plunge.

Hengrui weighs Hong Kong IPO to drive the next phase of global expansion | KrASIA

Home

Hengrui weighs Hong Kong IPO to drive the next phase of global expansion

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

KrASIA

36Kr is China's most influential business and technology network. Since 2010, 36Kr has been providing high-quality content around China’s innovation and new economy trends. With the traffic and network it has built, 36Kr has developed a comprehensive database and strong data analytics capabilities of the technology landscape in China.

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36Kr English

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

Electric Vehicles

Mobility

The merger drives BYD’s endgame: a self-developed intelligent driving system ready for the market.

BYD unifies autonomous driving teams to compete in high-end market | KrASIA

BYD unifies autonomous driving teams to compete in high-end market

Japan, Korea, and the West

Nvidia

Japan

Korea

Speaking at the same event, Hyundai CEO Chang says hydrogen will be a key focus.

"AI will acquire a human form," top Nvidia executive tells Nikkei forum | KrASIA

&#8220;AI will acquire a human form,&#8221; top Nvidia executive tells Nikkei forum

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

KrASIA | News Archives

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

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

E-Commerce

Live Streaming

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

On-Demand Services

Chinese internet companies were ordered to correct malpractices and pledge in written statements that they will operate legally.

After fining Alibaba, China turns scrutiny to 33 more big tech companies | KrASIA

After fining Alibaba, China turns scrutiny to 33 more big tech companies

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Song Jingli

Gojek is a transportation network company and logistics startup company based in Jakarta, Indonesia.

Gojek

A peek into the booming tech ecosystem of Southeast Asia.

SEA Tech

Tokopedia is an Indonesian technology company, sometimes referred to as a unicorn. It was founded in 2009 by William Tanuwijaya and his Bestfriends from Harvard University, Michael Alexander.

Tokopedia

Indonesia

The deal is expected to close this month, with Gojek taking a 60% stake in GoTo.

Gojek and Tokopedia are finalizing USD 18 billion fusion to form GoTo, report says | KrASIA

Gojek and Tokopedia are finalizing USD 18 billion fusion to form GoTo, report says

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Khamila Mulia

Bukalapak

Retail

Bukalapak has reportedly hired Bank Mandiri's securities arm to seek a merger with a US-based blank-check company.

Bukalapak raises new funds from Microsoft, eyes local listing, report says | KrASIA

Bukalapak raises new funds from Microsoft, eyes local listing, report says

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Ursula Florene

Investment

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

Singapore

Once the final close is completed, Openspace will have USD 625 million in committed capital across four investment vehicles.

VC Openspace Ventures expects first close of new fund at USD 100 million | KrASIA

VC Openspace Ventures expects first close of new fund at USD 100 million

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Tech in Asia

Building a coherent narrative of India's rapidly changing tech ecosystem.

India Tech

India

Pine Labs counts Mastercard, PayPal, and Temasek among its investors.

Indian unicorn Pine Labs acquires mobile payment app Fave for USD 45 million | KrASIA

Indian unicorn Pine Labs acquires mobile payment app Fave for USD 45 million

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Vulcan Post

ByteDance to file IPO with a valuation of USD 400 billion

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

Douyin

Kuaishou (Chinese: 快手) is a platform for recording with millions of original fresh videos everyday.

Kuaishou

Tiktok

With the spread of Internet global accessing (fastest Internet broadband connection TCP with accumulator cables and semi-fast connection), Short Video services have become very popular online. 

Short Video

The company's subsidiaries may seek their own listings in New York, Hong Kong, and Shanghai. With a valuation of nearly USD 400 billion, app factory ByteDance—known chiefly as the company behind TikTok, Douyin, and Toutiao—has submitted a letter to the Hong Kong Stock Exchange indicating the company is seeking underwriters for a listing in Hong Kong, local news media China Securities reported on Wednesday, citing an anonymous source.

KEY STAT | ByteDance initiates process for mammoth listing in Hong Kong | KrASIA

KEY STAT | ByteDance initiates process for mammoth listing in Hong Kong

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Julianna Wu

Jia Yueting, founder of formerly highflying technology conglomerate LeEco Holdings, has been fined USD 36.81 million by Chinese regulators over false and inadequate financial disclosures in the 2010 IPO of its video streaming unit in Shenzhen and other fundraisings.The fine comes as Faraday Future, a California-based electric vehicle maker that was backed by Jia and LeEco, is in the midst of a USD 1 billion deal to list on the Nasdaq Stock Market through a merger with a special purpose acquisition company (SPAC) called Property Solutions Acquisition Corp.

China fines SPAC-linked fallen tech tycoon USD 37 million over IPO fraud | KrASIA

China fines SPAC-linked fallen tech tycoon USD 37 million over IPO fraud

MENA

ntel’s Jerusalem-based subsidiary Mobileye announced plans on Monday to launch driverless delivery services by 2023 with autonomous vehicle delivery company Udelv, with commercial operations set to begin in 2023.The company’s Mobileye Drive self-driving system, a unique turnkey solution designed to support a range of autonomous vehicle (AV) applications—robotaxis, consumer passenger cars, and commercial delivery vehicles—will power Udelv’s next-generation electric, self-driving delivery vehicle, Transporter, according to the announcement.

Mobileye teams up with US firm for autonomous delivery service by 2023 | KrASIA

Mobileye teams up with US firm for autonomous delivery service by 2023

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NoCamels

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

Merger &amp; Acquisition

Grab announced today that it will undergo a SPAC merger with Altimeter Growth Corporation (NASDAQ: AGC) that will place a USD 39.6 billion valuation on the Southeast Asian company.