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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.

China

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

East Asia

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

TikTok

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.

TikTok Shop

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

Consumer Economy

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

E-commerce

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

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

Home

Decoding China&#039;s tech and business pulse

KrASIA

Cheng Zi is based in China, covering technology- and business-related events. She works with her colleagues at 36Kr Global to provide coverage in both English and Chinese.

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Cheng Zi

Xiaomi crafts affordable smartphones, wearables, and IoT devices, appealing to users who seek innovation, quality, and budget-friendly tech.

What powers tomorrow’s roads? Explore EV adoption, charging infrastructure, and battery advances sparking the shift toward sustainable transport.

Electric Vehicles

How is the way we move evolving? Explore developments in autonomous transportation, electric vehicles, and more efficient urban transit.

Mobility

How do goods and people flow worldwide? Examine transport networks, logistics innovations, and policies shaping global connectivity.

Transportation

Two veteran executives join the company to lead its next phase in the automotive business.

Xiaomi boosts EV business with new hires, including first CTO appointment

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

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

Hong Kong

Indonesia

Malaysia

Singapore

Southeast Asia

Bringing you the latest updates on funding and investment activity across the Asia Pacific.

Deals in brief: Baskit raises USD 4.4 million, Tencent buys Kaspi.kz stake, six China investments, 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.

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Sudo Lim

Mobility | KrASIA Archives

Bike-sharing startup Hello Chuxing has started selling "intelligent" electric bikes in China, it said on Wednesday during a product launch ceremony held in Beijing, diversifying from its original bike-sharing business, ahead of a reportedly USD 2 billion initial public offering in the US this quarter.

Hello Chuxing transitions to selling intelligent e-bikes after lackluster performance in bike-sharing service

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Song Jingli

Southeast Asia’s tech ecosystem is a melting pot of startups and businesses of all sizes, all vying for rapid growth.

How do we store tomorrow’s power? Evaluate battery R&amp;D, manufacturing progress, and recycling strategies fueling energy independence.

Batteries

Oyika is looking to revolutionize the nascent EV market in the region with its battery-swapping technology.

Battery swapping is potential key to overcoming slow EV adoption in Southeast Asia

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Ursula Florene

Baidu leads Chinese search engines, voice assistants, autonomous driving research, and AI platforms connecting users with information and services.

Baidu

Nio, a Chinese electric car maker, specializes in high-performance EVs, battery-swapping solutions, and autonomous driving technologies.

WM Motor creates user-centric electric cars and integrates connectivity, smart interfaces, and eco-friendly powertrains.

WM Motor

Xpeng Motors builds intelligent EVs equipped with advanced infotainment systems, autonomous features, and sleek electric mobility designs.

Xpeng Motors

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

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Julianna Wu

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

Artificial Intelligence

What fits the world in your pocket? Track device innovation, OS ecosystems, and connectivity shaping smartphone usage.

Smartphones

CEO Lei Jun also presented Xiaomi's first-ever foldable phone, as well as an in-house developed chipset.

Xiaomi enters EV sector with USD 10 billion of its own cash

Jakarta is one of the smoggiest cities in the world. Roads and highways are normally clogged with motorbike taxis, tour buses, delivery trucks, private cars and other vehicles that are pumping out exhaust from their tailpipes as they sit idle during traffic jams. But changes are coming. Ride-hailing firms in Indonesia have been incrementally replacing their fleets with electric vehicles in the past two years. It's a move that is good for the environment. More fundamentally, it may even be a boon for these companies' bottom lines.

Ride-hailing companies electrify: How will a switch to plug-in vehicles change Indonesia's air and roads?

Ride-hailing companies electrify: How will a switch to plug-in vehicles change Indonesia&#8217;s air and roads?

Valuation of Didi's self-driving unit: USD 6 billion

Didi, a Chinese mobility platform, connects riders to taxis, private cars, and ride-sharing options, integrating AI-driven route optimization.

Didi

How are driverless systems redefining mobility? Uncover sensor technologies, regulatory frameworks, and AI driving cars without human intervention.

Autonomous Vehicles

Chinese ride-hailing giant Didi Chuxing is in the process of raising up to USD 500 million for its self-driving unit, Didi Woya, at a valuation of USD 6 billion, Bloomberg reported, citing an anonymous source.

KEY STAT | Didi seeks new cash for its self-driving unit ahead of IPO

India’s tech landscape blossoms with e-commerce startups, fintech innovations, and IT services shaping a growing digital consumer base.

India

Ola, an Indian ride-hailing leader, offers car rentals, electric scooters, and food delivery, bridging mobility gaps across major cities.

In the first week of March, Bhavish Aggarwal, the 35-year-old co-founder and chief executive of Indian mobility giant Ola, invited journalists to show the 500-acre electric scooter manufacturing site, claimed to be the world’s largest, in Krishnagiri district of the South Indian state of Tamil Nadu.

Indian ride hailer Ola doubles down on EV to drive itself out of slow growth

I cover Indian tech, startup, venture capital ecosystems for KrASIA.

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Moulishree Srivastava

Evergrande NEV's loss in 2020: USD 1.2 billion

Tencent-backed Evergrande New Electric Vehicle (HKEX: 0708) reported USD 2.4 billion in revenue for 2020, up 175% year-on-year, while losses doubled to USD 1.19 billion, according to the company's latest earnings report.

KEY STAT | Evergrande NEV shares rise 7.3% despite ballooning losses

Tesla’s electric cars, battery storage systems, and solar energy solutions shape sustainable transportation and power grids.

Tesla

The US market serves as both the backbone and the driving force behind global technological advancements.

Bitcoin option will be available outside of the US later this year, according to Musk.

Elon Musk: You can now buy a Tesla with bitcoin

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