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About

36Kr (EN)

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

China Tech

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

Beijing is backing strategic tech like drones and chips as general venture funds dry up.

China's "entrepreneurship for everyone" era ends as state sets agenda | KrASIA

Home

China&#8217;s &#8220;entrepreneurship for everyone&#8221; era ends as state sets agenda

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

KrASIA

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

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

Content

Creative

Creator Economy

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

With Xiaohongshu-inspired design and TikTok’s global pull, Lemon8 is gaining traction abroad.

ByteDance’s Lemon8 borrows from Xiaohongshu, but can it keep users hooked? | KrASIA

ByteDance’s Lemon8 borrows from Xiaohongshu, but can it keep users hooked?

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

Electric Vehicles

Mobility

As competition intensifies, Porsche is betting on intelligent features to revive its lagging sales in China.

Porsche ramps up R&D in China to reclaim its edge amid slowing sales | KrASIA

Porsche ramps up R&#038;D in China to reclaim its edge amid slowing sales

KrASIA | News Archives

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. It was first released in 2011, and by 2018 it was one of the world's largest standalone mobile apps by monthly active users, with over 1 billion monthly active users.

Wechat

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

The game industry is the economic sector involved in the development, marketing, and monetization of games. It encompasses dozens of job disciplines and its component parts employ thousands of people worldwide.

Gaming

Social Impact

Chinese tech conglomerate Tencent (HKEX: 0700) posted strong revenue growth of 28% for 2020 to reach USD 74.4 billion in sales, as online entertainment, social media, and investments brought in a steady stream of cash. Net income for the year was USD 24.5 billion, a 71% jump from 2019, exceeding previous estimations of USD 20 billion.

KEY STAT | Tencent reports USD 74 billion revenue for 2020 | KrASIA

KEY STAT | Tencent reports USD 74 billion revenue for 2020

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Julianna Wu

Deep Tech

Smartphones

Beijing-based consumer electronics giant Xiaomi (HKEX: 1810) generated RMB 70.5 billion (USD 10.8 billion) in total revenue during the fourth quarter of 2020, up 24.8 % year-on-year (YoY) but below market expectations of RMB 74.8 billion (USD 11.43 billion), according to the company's latest financial results released Wednesday.

Xiaomi fills the void left by hampered Huawei as smartphone sales rise | KrASIA

Xiaomi fills the void left by hampered Huawei as smartphone sales rise

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AJ Cortese

Xiaomi Corporation is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer electronics.

Xiaomi

Live Streaming

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

Singapore

Singaporean Chew Shou Zi will join ByteDance after leaving consumer electronics giant Xiaomi (HKSE: 1810), according to an announcement on his verified Weibo account."I will join ByteDance as the CFO so that I can be based in my hometown Singapore 18 years after I left," said Chew, who served as CFO for Xiaomi between 2015 and 2020, leading the company through a successful initial public offering (IPO) on the Hong Kong Stock exchange in 2018.

ByteDance names former Xiaomi executive as CFO fueling IPO rumors | KrASIA

ByteDance names former Xiaomi executive as CFO fueling IPO rumors

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Song Jingli

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

MENA

Security

Israeli cybersecurity company Orca Security announced the close of a USD 210 million Series C round on Tuesday. The investment was led by CapitalG (formerly Google Capital), the independent growth fund of Alphabet (Google’s parent company), and Redpoint Ventures.

Google growth fund co-leads USD 210 million round in Orca Security | KrASIA

Google growth fund co-leads USD 210 million round in Orca Security

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NoCamels

A peek into the booming tech ecosystem of Southeast Asia.

SEA Tech

Facial Recognition

Myanmar

Myanmar coup

'Poorly edited' or 'forged'? The video of one minister's corruption confession is the latest flashpoint in Myanmar.

Did Myanmar's military deepfake a minister's corruption confession? | KrASIA

Did Myanmar&#8217;s military deepfake a minister&#8217;s corruption confession?

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KrASIA Writers

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

India Tech

India

Indian social networking startup Public App, which allows users to watch video clips of local news based on their location, said Wednesday it has raised USD 41 million led by Mumbai-based venture capital fund A91 Partners along with its existing investors. VC firms including SIG, Tanglin Venture Partners, and Lee Fixel's new investment firm Addition are existing investors in Public App

India's hyperlocal social media startup Public App raises USD 41 million led by A91 Partners | KrASIA

India&#8217;s hyperlocal social media startup Public App raises USD 41 million led by A91 Partners

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Avanish Tiwary

NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.

Electric vehicle (EV) manufacturer Nio (NYSE: NIO) announced that its power swap stations across China have completed 2 million battery swaps until Wednesday, according to the firm's Weibo post.

KEY STAT | Nio reaches milestone for battery-swap program | KrASIA

KEY STAT | Nio reaches milestone for battery-swap program

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

Kuaishou

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

E-Commerce

Kuaishou (HKSE: 1024) shares plunged more than 12% on Wednesday in Hong Kong trading, closing at HKD 265. The stock appears to be pulling back after advancing since the IPO, due to high expectations from investors, DTZ Research lead analyst Ke Yan told KrASIA. On Tuesday, the company said it made RMB 58.8 billion (USD 9 billion) in revenue in 2020, up 50.2% year-on-year, in its first annual report since it went public last month.

Kuaishou shares dive after first annual report | KrASIA

Kuaishou shares dive after first annual report

Japan, Korea, and the West

The food industry is booming! Both traditional companies and startups are using technology to transform the dynamics of the food sector.

Food Tech

San Francisco-based Eat Just on Tuesday said that it raised USD 200 million in a new round led by the sovereign wealth fund Qatar Investment Authority (QIA) and with participation of US-based private equity firms Charlesbank Capital Partners and Vulcan Capital. The food tech startup aims to scale up its commercial manufacturing operations, reduce production costs, and ramp up research and development of other types of meat.

Faux-egg maker Eat Just raises USD 200 million more in latest round | KrASIA

Faux-egg maker Eat Just raises USD 200 million more in latest round

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News

KEY STAT | Tencent reports USD 74 billion revenue for 2020

Xiaomi fills the void left by hampered Huawei as smartphone sales rise

ByteDance names former Xiaomi executive as CFO fueling IPO rumors

Google growth fund co-leads USD 210 million round in Orca Security

Did Myanmar’s military deepfake a minister’s corruption confession?

India’s hyperlocal social media startup Public App raises USD 41 million led by A91 Partners

KEY STAT | Nio reaches milestone for battery-swap program

Kuaishou shares dive after first annual report

Faux-egg maker Eat Just raises USD 200 million more in latest round

Most Recent

China’s “entrepreneurship for everyone” era ends as state sets agenda

ByteDance’s Lemon8 borrows from Xiaohongshu, but can it keep users hooked?

Porsche ramps up R&D in China to reclaim its edge amid slowing sales