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Tencent's Hy3 preview model secured the top spot on OpenRouter's global API call volume leaderboard on April 29. The model also ranked first in tool u…

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

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Investors are tracking photonics-based systems as demand grows for faster, denser, and more efficient AI infrastructure.

Lightelligence debuts in Hong Kong as optoelectronic computing gains traction

Decoding China&#039;s tech and business pulse

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

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

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.

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

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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.

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

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

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TikTok Shop’s growth across regions was a key driver.

ByteDance’s global e-commerce push lifts revenue as AI costs mount

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Deals in brief: Cube and PvX Partners raise Series A funding; Singapore’s MPA backs six firms; eight China investments; and more

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

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<a href="/company/tencent">Tencent's</a> Hy3 preview model secured the top spot on OpenRouter's global API call volume leaderboard on April 29. The model also ranked first in tool usage and second in programming categories.

<a href="/company/bytedance">ByteDance</a> has established an independent department to integrate shopping features into its Hongguo short drama app. The move is aimed at monetizing the platform's user base as the company seeks new growth drivers. Hongguo reported RMB 20 billion in advertising revenue in 2025 and will now allow users to purchase items directly within the app interface.

DJI secured a 66.2% market share in China's online retail segment for action, panoramic, and wearable cameras during April 6–19, according to a report by Runto Technology. The company also reported that sales of its Pocket 4 camera increased tenfold in its first week compared with the previous generation.

Sunrate has secured a Class B license from Bank Negara Malaysia, allowing it to offer regulated money remittance services in the country. The approval enables full-scale operations and supports cross-border payments, building on its Kuala Lumpur shared services center.

CATL has signed a three-year agreement with HyperStrong to supply 60 GWh of sodium-ion batteries for energy storage, reportedly the largest deal of its kind. The partnership covers R&amp;D, applications, and deployment, supporting large-scale commercialization of sodium-ion battery tech.

Jiyue Auto has entered judicial reorganization after a court approved the consolidation of its affiliated entities. The move follows a pre-restructuring phase aimed at attracting new investors, protecting user rights, and revitalizing assets.

37 Interactive Entertainment reported a 59.02% YoY increase in Q1 2026 net profit to RMB 873 million, with revenue rising to RMB 3.72 billion. The company attributed the growth to its product strategy, including new title launches and continued performance from existing games.

Unitree Robotics launched a dual-arm humanoid robot on April 30, with pricing starting at RMB 26,900. The robot includes a binocular vision computing module, 15–31 degrees of freedom, and a head module with 10 TOPS of computing power. It supports interchangeable end-effectors, including two-, three-, and five-finger configurations, and can be mounted on fixed or mobile bases.

GoTo Group reported its first net profit of IDR 171 billion in Q1 2026, reversing a loss from the year earlier. Revenue rose 26% YoY to IDR 5.3 trillion, while core GTV grew 65% YoY to IDR 138 trillion and adjusted EBITDA increased 131% YoY to IDR 907 billion.

The Harmony Intelligent Mobility Alliance has delivered more than 5,000 units of the Aito M6 as of April 30. It has launched nationwide deliveries of the SUV, which starts at RMB 259,800, and plans to increase production capacity to 20,000 units per month.

Oppo has established a sub-brand business unit to consolidate marketing and product operations across OnePlus and Realme. Oppo senior vice president Sky Li will lead the division, while Xu Qi oversees marketing and service. Realme's R&amp;D teams will be integrated into Oppo's hardware and imaging divisions.

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

Deep Tech

Embodied Intelligence

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

Robotics

The company builds on its background in computer vision technology.

Reconova targets embodied intelligence with robots deployed in airports

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Malaysia

The yard robotics company marks a mass production milestone.

Willand reaches one million units, expands production in China and Malaysia

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The AI boom is lifting stocks to record highs, while the Strait of Hormuz closure is pushing up oil prices.

Asia's great disconnect: Markets boom as Iran war fuels cost of living crisis

Asia&#8217;s great disconnect: Markets boom as Iran war fuels cost of living crisis

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Tencent's Hy3 tops OpenRouter

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Reconova targets embodied intelligence with robots deployed in airports

Willand reaches one million units, expands production in China and Malaysia

Asia’s great disconnect: Markets boom as Iran war fuels cost of living crisis