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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

MiniMax, a Chinese company, develops large models and generative AI tools. It is known for the Talkie chatbot and Hailuo AI, a multimodal AI platform.

MiniMax

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

Foundation and Large Models

Investors are taking an upbeat view as the AI firm delivers its first earnings report following its Hong Kong listing.

MiniMax’s ARR tops USD 150 million as it pivots toward an AI platform model

Home

Decoding China&#039;s tech and business pulse

KrASIA

IPO Zaozhidao is a Chinese media outlet that provides timely coverage of IPO developments and related market signals.

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IPO Zaozhidao

ByteDance, a Chinese internet company, uses machine learning to recommend engaging videos, news, and social content (via TikTok and Douyin).

Sea Group operates digital entertainment (Garena), e-commerce (Shopee), and fintech (SeaMoney) platforms across Southeast Asia.

Sea Group

Shopee, a Southeast Asian online marketplace, features interactive shopping, flash deals, and localized payment options.

Shopee

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

Southeast Asia

TikTok hosts short-form videos spanning entertainment, education, and branded content, capturing global audiences and driving cultural trends.

TikTok

TikTok Shop, the e-commerce arm of TikTok, enables in-app shopping by connecting users with brands and creators through live commerce and short videos.

TikTok Shop

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

Consumer Economy

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

E-commerce

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

Retail

Indonesia

Malaysia

Philippines

Singapore

Thailand

Vietnam

The gap between the two players is narrowing, particularly in Vietnam, where TikTok Shop now commands more than 40% of the market.

TikTok Shop narrows the gap with Shopee in Southeast Asia’s e-commerce market

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T. K. Lin

Photo of Cheong Jin Xi, founder and CEO of Aonic.

How do markets shape wealth creation? Study portfolio diversification, asset classes, and strategies balancing growth and risk.

Investment

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

Why do firms join forces? Investigate synergy goals, valuation methods, and negotiations driving corporate consolidation.

Merger &amp; Acquisition

What happens after acquisitions close? Examine deal structures, operational improvements, and exit strategies molding corporate outcomes.

Private Equity

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

Venture Capital

Bringing you the latest updates on funding and investment activity across the Asia Pacific.

Deals in brief: Aonic, Dyna.Ai, and MyFirst raise Series A funding; Icon1c secures member backing; seven China investments, and more

An alias used when humans and machines team up in our newsroom. Articles under this byline may be shaped with the help of AI, but are always vetted by a human before publication.

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Sudo Lim

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

News | KrASIA

Pinduoduo revolutionizes e-commerce with social group buying, connecting budget-conscious shoppers to discounts on a broad range of products.

Pinduoduo

Pinduoduo's founder is the richest man under 40 years old in China with a fortune worth USD 2 billion.

Pinduoduo tops Apple's App Store global downloads in shopping sector

Pinduoduo tops Apple&#8217;s App Store global downloads in shopping sector

Wency Chen is a reporter KrASIA based in Beijing, covering tech innovations in&amp;beyond the Greater China Area. Previously, she studied at Columbia Journalism School and reported on art exhibits, New York public school systems, LGBTQ+ rights, and Asian immigrants. She is also an enthusiastic reader, a diehard fan of indie rock and spicy hot pot, as well as a to-be filmmaker (Let’s see). Follow her on Twitter: @ChenWQ45 Tips go to: wency@kr-asia.com

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Wency Chen

The firm will further invest in China, South Asia, and Southeast Asia.

Temasek-backed ABC World Asia closes USD 385 million fund for impact investing

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Zhixin Tan

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

Nearly half of Douyin and Kuaishou users in China are overlapped.

Kuaishou aims to challenge Douyin with new short-video app Taizan

Ant Group, a fintech powerhouse, offers digital payments, wealth management tools, and micro loans, enabling borderless, mobile-first financial services.

Ant Group

Behind the company's fast expansion there are also billions of net loss.

Ant Financial-backed Danke Apartment files for US IPO, following Q&amp;K

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Song Jingli

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

Fintech

The fresh funds will be used to improve the company's digital invoicing and bookkeeping system.

Indonesia’s Paper.id raises undisclosed Series A funding from Golden Gate Ventures and Modalku

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Cindy Silviana

Grab, a Southeast Asian superapp, provides ride-hailing, food delivery, and mobile payments, connecting millions to on-demand services.

Grab

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

On-demand Services

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

Travel

Kicking off in Singapore, the service will be available in Indonesia and Thailand by year end.

Booking.com launches ride-hailing service via partnership with Grab

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Khamila Mulia

Meituan, China’s all-in-one local services platform, covers food delivery, travel bookings, and lifestyle deals, simplifying daily consumer choices.

The move follows developments that were shaped by Tencent, Alipay, Baidu, and ByteDance.

Meituan rolls out its own platform for mini programs

Nio, a Chinese electric car maker, specializes in high-performance EVs, battery-swapping solutions, and autonomous driving technologies.

How do goods and people flow worldwide? Examine transport networks, logistics innovations, and policies shaping global connectivity.

Transportation

The EV maker might need another USD 2.1 billion in cash between 2019 and 2020 to stay afloat.

Nio's CFO resigns under heavy funding pressure with no immediate replacement 

Nio&#8217;s CFO resigns under heavy funding pressure with no immediate replacement 

Alibaba, China’s e-commerce giant, operates online retail marketplaces, cloud computing services, and digital payment networks across Asia and beyond.

NetEase, a Chinese Internet services firm, offers online gaming, music streaming, and e-commerce platforms, engaging millions of digital users.

NetEase

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

Youdao's share prices plunged 26% in its first day of trading.

News

Pinduoduo tops Apple’s App Store global downloads in shopping sector

Temasek-backed ABC World Asia closes USD 385 million fund for impact investing

Kuaishou aims to challenge Douyin with new short-video app Taizan

Ant Financial-backed Danke Apartment files for US IPO, following Q&K

Indonesia’s Paper.id raises undisclosed Series A funding from Golden Gate Ventures and Modalku

Booking.com launches ride-hailing service via partnership with Grab

Meituan rolls out its own platform for mini programs

Nio’s CFO resigns under heavy funding pressure with no immediate replacement

NetEase mulls IPO for its Cloud Music platform, following Youdao’s footstep

Most Recent

MiniMax’s ARR tops USD 150 million as it pivots toward an AI platform model

TikTok Shop narrows the gap with Shopee in Southeast Asia’s e-commerce market

Deals in brief: Aonic, Dyna.Ai, and MyFirst raise Series A funding; Icon1c secures member backing; seven China investments, and more