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36Kr (EN)

Bringing together the latest business insights and trends of China's tech ecosystem.

China Tech

NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.

Electric Vehicles

Mobility

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

Transportation

Electric vehicle

The Onvo sub-brand expands Nio's electric vehicle lineup beyond its focus on premium consumers.

Nio launches the Onvo L60 SUV, throwing down gauntlet to Tesla’s Model Y | KrASIA

Home

Nio launches the Onvo L60 SUV, throwing down gauntlet to Tesla’s Model Y

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

KrASIA Connection curates technology and innovation updates from China.

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E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Retail

LVMH and other groups see sales slip in the region as consumers turn thrifty.

China's shoppers still want luxury, but they are okay with secondhand goods | KrASIA

China&#8217;s shoppers still want luxury, but they are okay with secondhand goods

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

iFLYTEK

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.

Creative

Deep Tech

Singapore

Singapore will feature heavily in iFlytek's regional expansion plans, serving as its operational hub within Southeast Asia.

iFlytek opens Southeast Asia headquarters in Singapore, eyes regional growth | KrASIA

iFlytek opens Southeast Asia headquarters in Singapore, eyes regional growth

Baidu

KrASIA | Baidu Archives

WM Motor

Xiaomi Corporation is a Chinese electronics company headquartered in Beijing. Xiaomi makes and invests in smartphones, mobile apps, laptops, and related consumer electronics.

Xiaomi

Xpeng

Visual Stories

Eight years ago, Lei Jun purchased his first Tesla. Last Wednesday, speaking with a slightly husky voice because he had a cold, Lei said that Xiaomi is about to enter the electric vehicle business. He called it "the last major entrepreneurship project" of his life.The announcement cut through a series of leaks and denials from the past few months. Before this point, Lei himself had a hard time figuring out whether Xiaomi should be part of this highly competitive industry, with startups like Nio, Xpeng gaining heat, and conglomerates like Baidu and Evengrande already making headway.

A letter from Lei Jun: Starting over one last time | KrASIA

A letter from Lei Jun: Starting over one last time

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Julianna Wu

With investor excitement cooling toward Chinese technology stocks, search engine operator Baidu edged just slightly higher on its market debut in Hong Kong on Tuesday, while streaming service Bilibili priced its stock sale well below the maximum it had set earlier.

Baidu fails to make splash with Hong Kong debut | KrASIA

Baidu fails to make splash with Hong Kong debut

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

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

JD.com, Inc., also known as Jingdong and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing.

Taobao

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

Lending

China Banking and Insurance Regulatory Commission (CBIRC) and four other government bodies have specified that all micro loan firms in the country cannot extend consumer loans to university students, according to an announcement on Wednesday.

China bans microlenders from granting consumer loans to university students | KrASIA

China bans microlenders from granting consumer loans to university students

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Song Jingli

Baidu's secondary listing to raise USD 3.1b

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

Internet giant and AI developer Baidu (NASDAQ: BIDU) will be raising about USD 3.1 billion from its secondary listing in Hong Kong, at a share price of HKD 252 (USD 32.5), which is 14.6% lower than the maximum target of HKD 295, according to its filing.

KEY STAT | Baidu kicks off 'homecoming' listing, remains short of its target | KrASIA

KEY STAT | Baidu kicks off &#8216;homecoming&#8217; listing, remains short of its target

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

Autonomous driving pioneer Baidu has received approval from the Cangzhou government in the Hebei province to charge passengers for robotaxi rides, the company announced in a release on Monday. Baidu will be first in China to experiment with monetization mechanisms for these services, "marking a landmark step on Baidu Apollo’s road to commercialization," it said.

Baidu will be charging robotaxi passengers in Cangzhou on a trial basis | KrASIA

Baidu will be charging robotaxi passengers in Cangzhou on a trial basis

Joe Xia, head of Baidu's auto arm, believes that software, not hardware, will be the 'soul' of personal vehicles.

Baidu rethinks cars from the ground up with new auto division | KrASIA

Baidu rethinks cars from the ground up with new auto division

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AJ Cortese

Kunlun, the AI chip unit of internet giant Baidu (NASDAQ: BIDU), has reportedly reached a valuation of USD 2 billion after a new round of funding. CITIC Private Equity Funds Management was leading the fundraising that was joined by a group of investors including IDG Capital and Legend Capital, an unidentified source told Reuters.

KEY STAT | Baidu closes funding round for AI chip segment | KrASIA

KEY STAT | Baidu closes funding round for AI chip segment

Baidu Apollo has won a bid to build a 5G intelligent driving project in Chengdu, in southwest China's Sichuan province, in a tender worth RMB 105 million (USD 16.1 million), the internet giant said in a press release on Thursday.

Baidu wins USD 16.1 million bid to upgrade roads for autonomous driving in Chengdu | KrASIA

Baidu wins USD 16.1 million bid to upgrade roads for autonomous driving in Chengdu

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

The Internet of things (IoT) is the extension of Internet connectivity into physical devices and everyday objects. Embedded with electronics, Internet connectivity, and other forms of hardware, these devices can communicate and interact with others over the Internet, and they can be remotely monitored and controlled.

Live Streaming

The takeover of YY Live has been "substantially completed."