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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

Ant Financial Services Group, formerly known as Alipay, is an affiliate company of the Chinese Alibaba Group. Ant Financial is the highest valued fintech company in the world, and the world's most valuable unicorn company, with a valuation of US$150 billion. 

Ant Group

At the 2024 Inclusion Conference, tech pioneers from 10x1000 shared bold ideas for a more inclusive and sustainable world.

Innovation for all: 10x1000 Tech for Inclusion champions a fairer future | KrASIA

Innovation for all: 10&#215;1000 Tech for Inclusion champions a fairer future

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

Gojek

GoTo

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

Sea Group

A peek into the booming tech ecosystem of Southeast Asia.

SEA Tech

Shopee

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

Malaysia

Philippines

Thailand

Vietnam

Meanwhile, the investors are prizing profitability over merely cutting losses.

ASEAN tech stars Grab, GoTo, and Sea fight to retain market sparkle | KrASIA

ASEAN tech stars Grab, GoTo, and Sea fight to retain market sparkle

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

Photo of Jensen Huang, founder and CEO of Nvidia.

Japan, Korea, and the West

Nvidia

Japan

Deals in brief: Nvidia invests in Sakana AI and You.com, Zhipu AI secures new funding at RMB 20 billion valuation, six other China deals, and more | KrASIA

Deals in brief: Nvidia invests in Sakana AI and You.com, Zhipu AI secures new funding at RMB 20 billion valuation, six other China deals, and more

After a tumultuous journey, The Alley is back in mainland China with fresh ambitions.

The Alley reenters mainland China: Will the bubble tea brand find its footing again? | KrASIA

The Alley reenters mainland China: Will the bubble tea brand find its footing again?

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

Transport or transportation is the movement of humans, animals, and goods from one location to another. 

Transportation

The exit is the latest step in GoTo's quest for profitability, as it narrows its focus to Indonesia and Singapore.

GoTo pulls out of Vietnam as it doubles down on core markets | KrASIA

GoTo pulls out of Vietnam as it doubles down on core markets

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

The startup is developing industry-specific models for pharma, materials, and other industries.

Singapore unicorn PatSnap to expand AI-powered patent search | KrASIA

Singapore unicorn PatSnap to expand AI-powered patent search

Deals in brief: Bateriku raises Series B funding, Antler invests in TailorTech, three China deals, and more | KrASIA

Deals in brief: Bateriku raises Series B funding, Antler invests in TailorTech, three China deals, and more

Central Asia

Deals in brief: BillEase secures Series C funding, AC Ventures joins Oatside’s Series B round, seven China deals, and more | KrASIA

Deals in brief: BillEase secures Series C funding, AC Ventures joins Oatside’s Series B round, seven China deals, and more

Haidilao

Zhang Junjie, founder of Chagee, joins Haidilao as an independent director, hinting at possible expansion into tea beverages.