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

Consumer Economy

What grounds digital progress in physical form? Analyze chipsets, sensors, and advanced components driving device performance.

Hardware

Whoop’s screenless bands use a subscription model instead of one-time hardware sales.

Meet Whoop, the new face of fitness wearables that ditch the screen

Home

Decoding China&#039;s tech and business pulse

KrASIA

36Kr is China's most influential business and technology network, delivering high-quality content focused on China’s innovation and new economy trends since 2010. With its extensive traffic and network, 36Kr has built a comprehensive database and strong data analytics capabilities to provide insights into China’s technology landscape.

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36Kr English

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

China

Explore East Asia’s thriving tech hubs, global electronics producers, and fast-evolving digital platforms shaping cross-border innovation.

East Asia

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

Once the dominant name in China’s AC market, Gree is feeling pressure as rivals like Xiaomi close the gap.

Gree’s earnings cool while Xiaomi heats up China’s air conditioner race

Tencent, a Chinese tech conglomerate, invests in gaming, social media, and cloud services, supporting entertainment and connectivity worldwide.

Unlike Alibaba, Tencent is scaling back capital outlays even as it reports strong earnings.

Tencent tempers AI spending as profits rise for a twelfth straight quarter

KrASIA tracks China’s tech and business stories, alongside key developments across the broader Asia Pacific region.

News | KrASIA

Evergrande NEV's loss in 2020: USD 1.2 billion

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

How is the way we move evolving? Explore developments in autonomous transportation, electric vehicles, and more efficient urban transit.

Mobility

Tencent-backed Evergrande New Electric Vehicle (HKEX: 0708) reported USD 2.4 billion in revenue for 2020, up 175% year-on-year, while losses doubled to USD 1.19 billion, according to the company's latest earnings report.

KEY STAT | Evergrande NEV shares rise 7.3% despite ballooning losses

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Julianna Wu

Traveloka, a Southeast Asian travel platform, helps users book flights, hotels, and local experiences seamlessly.

Traveloka

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

What drives global exploration? Discover evolving tourism trends, hospitality services, and the shift toward personalized travel experiences.

Travel

Indonesia

Southeast Asia

Thailand

Indonesian travel tech unicorn Traveloka on Friday announced that it will partner with SCB 10X, the innovation arm of Thailand’s Siam Commercial Bank (SCB), and form a joint company called Trex Ventures.Siam Commercial Bank is one of the largest lenders in Thailand and was reportedly involved in Traveloka's USD 250 million funding round in July last year. Together, the partners plan to create financial products that are tailored to meet the needs of travelers and lifestyle consumers in Thailand, said Pitiporn Phanaphat, chief business development and financial officer at SCB 10X.

Traveloka joins Siam Commercial Bank to create fintech products in Thailand

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Khamila Mulia

Beijing-based online mutual aid platform Qingsong Huzhu stopped operations on Wednesday, Economic Observer reported, citing users of the service. Before the shutdown, the site registered 17 million users at the end of May last year, second only to Ant Group's Xiang Hu Bao with about 100 million members.

Tencent-backed mutual aid platform Qingsong Huzhu abruptly shuts down

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Song Jingli

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

Payments

Several banks in Shanghai have started offering digital yuan wallets to interested individuals and corporates. So far, the electronic currency has only been available during limited trial periods and to people that have been selected in a lottery.The Industrial and Commercial Bank of China, China Construction Bank, and Bank of Communications confirmed to KrASIA on Thursday that private persons and companies can apply. The Bank of China, Agricultural Bank of China, as well as the Postal Savings Bank of China opened the service to individuals, according to a report by The Paper.

China's digital yuan is now available to individuals and corporates in Shanghai

China&#8217;s digital yuan is now available to individuals and corporates in Shanghai

Tesla’s electric cars, battery storage systems, and solar energy solutions shape sustainable transportation and power grids.

Tesla

The US market serves as both the backbone and the driving force behind global technological advancements.

Bitcoin option will be available outside of the US later this year, according to Musk.

Elon Musk: You can now buy a Tesla with bitcoin

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Vulcan Post

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

India

Sequoia Capital finances transformative companies, guiding them through growth phases and global market entry.

Sequoia Capital

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

Venture Capital

Sequoia Capital India, which has been focusing on early-stage investments through its two-year-old Surge program in the world’s third-largest startup ecosystem, has raised its second seed fund with a corpus of USD 195 million.

Sequoia Capital India closes second seed fund at USD 195 million

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.

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

Entertainment

Can brief clips hold lasting impact? Analyze short-form content trends, creator communities, and platform strategies for rapid viewer engagement.

Short Video

Chinese internet group Tencent Holdings has vowed to make its platform of a billion-plus users open to industry players -- including competitors -- as Beijing steps up an anti-monopoly crackdown aimed at big tech companies.Tencent President Martin Lau told investors Wednesday that its platform is open to industry players and that collaboration with any big companies needs to be "mutually constructive," responding to media reports that Tencent will allow rival Alibaba Group Holding's Taobao marketplace to sell through its mini-program

Tencent vows to embrace open platform amid antitrust crackdown

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

WeChat, Tencent’s superapp, combines messaging, social media, mobile payments, and mini-programs, streamlining daily tasks for over a billion users.

WeChat

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

Gaming

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

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

What lies beyond familiar frontiers? Investigate emerging tech—like quantum computing and AI—transforming traditional sectors.

Deep Tech

What fits the world in your pocket? Track device innovation, OS ecosystems, and connectivity shaping smartphone usage.

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

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