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What guides machine-led insights? Uncover AI applications, language models, and decision-making systems transforming sectors worldwide.

Artificial Intelligence

Foundation and Large Models

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

Venture Capital

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The financing is being viewed as a pre-IPO round, with Kling’s pre-money valuation equal to about two-thirds of Kuaishou’s market value.

Kuaishou’s Kling AI seeks fresh funding ahead of planned 2027 IPO

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

Photo shows CRP’s RHM-T1W wheeled humanoid robot on display at Hannover Messe 2026.

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

Deep Tech

Embodied Intelligence

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

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

Robotics

The company is moving beyond traditional robots into higher-value systems designed for smart manufacturing.

CRP advances Hong Kong IPO plan as it expands in industrial robotics

Middle East

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Saudi Arabia

Here’s a roundup of key developments across the Middle East for the week of May 24–30.

Middle East weekly: Invest Qatar concludes China roadshow, Core42 secures HSBC financing, Salwa REIT Fund launches, and more

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Al Shasia

What entertains a connected world? Track shifts in film, music, and media consumption, as platforms and audiences redefine cultural experiences.

Entertainment

Entertainment | KrASIA

Creative

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

Innovation is the heart of every successful startup – but it alone can only take you so far. Entrepreneurs with budding ideas should be on the lookout for the right exit opportunities.

Tencent kills Shazam

Momentum Works builds, scales and manages tech ventures across the emerging world, with a particular focus on Southeast Asia. We combine strategic understanding, execution experience, network of partners, and a great team to make things happen. In addition to building ventures and joint-ventures, we also consult on strategy, venture financing &amp; all areas of operations. Website: www.momentum.asia Our blog: http://thelowdown.momentum.asia/

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MomentumWorks

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

Valued at USD35 billion excluding Douyin’s valuation, Toutiao is also raising a round and is seeking funds from KKR and Jack Ma-backed Yunfeng Capital.

Toutiao’s less-than-2-year-old short video app Douyin, valued at around $10bn, is said to raise funds independently

I'm Xiaochun with 36Kr Global [kri’eɪʃə], a newborn digital media with a dedication to help Asia uncover its innovations and to create.

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Xiaochun Zhao

Tik Tok, the overseas version of Douyin, was the world's most downloaded non-game app in iOS App Store in Q1 2018.

Douyin DAU tops 150 million, Toutiao’s short-video streaming app reveals user number for the first time

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KrASIA Writers

US-Listed YY Spins off Game Streaming Unit Huya for IPO to Fuel Expansion

Douyu rival Huya listed on New York Stock Exchange in May. 

Tencent-backed Twitch-like Douyu reportedly files for $700m HK IPO

Tencent-backed short video streaming app Kuaishou fully acquired AcFun amid increasing competition with Toutiao's Douyin

Kuaishou, best known for its short video platform, drives user-generated content, influencer marketing, and community engagement through shareable clips.

Kuaishou

Both Jack Ma's Yunfeng Fund and Toutiao were said to be mulling over investing in AcFun.

Tencent-backed Kuaishou acquires AcFun amid escalating competition with Douyin

China’s iQiyi, backed by Chinese search and AI company Baidu, is one of the largest online streaming services in its home market.

China’s iQiyi in talks to invest in Iflix the SEA streaming service

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Tencent excellent quarterly results came just in time to bolster investors' confidence.

China’s Tencent spectacular first quarter results allay growing investors’ fears

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Robin Moh

Alibaba Pictures burning cash to build up China’s largest movie ticketing platform

Alibaba Picture's race to dominate the movie ticketing space

Tencent Music moves toward US IPO; Valuation said to double in four-month time

Tencent Music operates China's 3 most popular music-streaming apps.