Alibaba

Baidu

ByteDance

Meituan

Pinduoduo

Tencent

Most Followed

KrASIA Connection

China's Auto Sector

Earnings Reports

Inside China's Startups

Venture Roundup

Our Events

View All

Collections

News

Features

Insights

Ecosystem

DeepSeek

Kuaishou

Li Auto

Xiaohongshu

Xiaomi

Xpeng

On the Radar

The US FCC said it plans to block submarine cables from linking to the US if they use Chinese technology. The move follows years of canceled projects …

Events

Latest

About

36Kr (EN)

Consumer

Robotics

Fintech

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

Enterprise services is an over-arching term to describe an architecture combining engineering discipline and computer science to solve practical business problems. 

Enterprise Services

China

The 22-year-old founder isn’t looking to make marketers more efficient. She wants Head AI to make them obsolete.

With Head AI, this Gen Z dropout aims to replace marketing teams entirely

Decoding China&#039;s tech and business pulse

KrASIA

AI Now! is a global AI community of Chinese developers, professionals, and founders.

AI Now!

How is healthcare going digital? Investigate telemedicine, wearable sensors, and data-driven platforms improving patient experiences.

Health Tech

AI-powered therapy tools are emerging in the mental health space, but questions around empathy, safety, and readiness remain unresolved.

AI may offer a listening ear, but can it close mental healthcare gaps?

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.

36Kr English

Photo of Augmentus’ co-founders. From left to right: Daryl Lim, Leong Yong Shin, and Chong Voon Foo.

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

Australia

Europe

India

Oceania

Singapore

Southeast Asia

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: Augmentus raises Series A+ funding, Coda to acquire Recharge, Origgin Capital debuts second fund, 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.

Sudo Lim

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

Header Section | KrASIA

Home

Sections

Header Section

The US FCC said it plans to block submarine cables from linking to the US if they use Chinese technology. The move follows years of canceled projects and recent damage to cables in global waters, amid growing fears of espionage, sabotage, and cyber threats.

Chinese enterprise Horen has raised RMB 130 million in a Series F funding round led by Timesbole to expand full-chain packaging solutions in China and speed up global rollout. The firm aims to scale its green supply chain and smart manufacturing amid mounting compliance pressure from EU and US trade rules.

Zhejiang led GDP growth among China’s six largest provinces in H1 2025 at 5.8%, lifted by strong industrial and export performance. Jiangsu and Henan followed at 5.7%, while Guangdong trailed at 4.2%, weighed down by falling investment and sluggish industrial and consumer activity.

Unitree Robotics has begun IPO counseling with China’s securities regulator, with CICC as lead sponsor. The company may file as soon as October and is expected to target the STAR Market. Unitree focuses on general-purpose humanoid and legged robots and has reported consistent profits since 2020.

UBTech Robotics has secured a RMB 90.5 million order from Miyi Automotive Technology for its Walker S robots, the largest contract signed with a single supplier in China for <a href="/industry/robotics">humanoid robotics</a> to date. The deal highlights growing industrial demand and comes amid a wave of large-scale procurement.

Goertek Microelectronics has refiled its listing application with the Hong Kong Stock Exchange. Joint sponsors include CICC, CSCI, CMB International, and UBS. The chipmaker first sought a Hong Kong IPO in 2023 but did not proceed at the time.

<a href="/company/tencent">Tencent</a> remained the top holding among China’s active mutual funds as of Q2 2025, followed by <a href="/company/catl">CATL</a> and Kweichow Moutai. <a href="/company/xiaomi">Xiaomi</a> and Eoptolink entered the top ten, while <a href="/company/byd">BYD</a> and Wuliangye dropped out. Baijiu stocks saw the largest sector-wide outflows during the quarter.

Stargate, a USD 500 billion <a href="/industry/ai">AI</a> infrastructure project announced by <a href="/company/openai">OpenAI</a> and SoftBank at the White House earlier this year, has yet to secure a data center deal. Internal disagreements have stalled progress, with the partners now aiming to build a single site in Ohio by year’s end, scaling back earlier ambitions.

Netflix is testing generative video tools from Runway AI in content production, a source said. Disney has also trialed the solution but said it has no plans to adopt it. The update adds to growing scrutiny over <a href="/industry/ai">AI's</a> use in film production, as studios weigh cost and speed gains against labor concerns.

<a href="https://kr-asia.com/all-in-your-head-what-you-should-know-about-neuralink-and-brain-computer-interfaces">Neuralink</a> said it completed brain implant surgeries for participants codenamed P8 and P9, the first time it performed two procedures in a single day. Both are reportedly recovering well, the company said on X. The update follows earlier FDA-approved human testing and initial trial setbacks.

<a href="/company/jd">JD.com</a> has denied a media report that it acquired 70% of Hong Kong grocer Kai Bo Food Supermarket for HKD 4 billion. The report claimed the deal included store and property assets, with founder Lam Hiu-ngai staying on for three years. JD.com called the report inaccurate and misleading.

How do virtual worlds expand reality? Discover AR/VR tools, content creation, and platforms layering digital information onto everyday life.

Augmented and Virtual Reality

Far from seeing Xiaomi as a threat, Inmo’s CEO says its arrival lifts the tide for all startups.

Inmo eyes lead in China’s AI glasses market with RMB 150 million boost

https://secure.gravatar.com/avatar/a6b9ace74da9df391d5f7ba1892f4393?s=96&d=blank&r=g

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

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

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

East Asia

Ele.me, a Chinese online food delivery platform, partners with local restaurants to provide fast, convenient dining options to urban consumers.

Ele.me

JD.com, a Chinese e-commerce leader, ensures trusted transactions, efficient logistics, and a wide product selection for online shoppers.

JD.com

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

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

Consumer Economy

How does dinner arrive at your door? Study platform partnerships, last-mile delivery, and culinary trends powering the takeaway economy.

Food Delivery

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

On-demand Services

Platforms are setting user and order records while investment banks issue warnings.

China's food delivery wars taking a bite out of Alibaba's, others' profits

China&#8217;s food delivery wars taking a bite out of Alibaba&#8217;s, others&#8217; profits

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

https://secure.gravatar.com/avatar/aec5e55596415464d13490d0e0caa9a2?s=96&d=blank&r=g

Nikkei Asia

How does automation advance industry? Analyze robotic arms, drones, and AI-driven tools reshaping manufacturing and services.

Both are doubling down on embodied AI, backing a growing slate of robotics startups.

US plans new rules on undersea cables

Latest Pulses

Most Recent

Inmo eyes lead in China’s AI glasses market with RMB 150 million boost

China’s food delivery wars taking a bite out of Alibaba’s, others’ profits

JD.com and Meituan take their rivalry from takeout to humanoid robots