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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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Ninebot has partnered with <a href="/company/pop-mart">Pop Mart’s</a> “Sweet Bean” IP on a co-branded <a href="/industry/ev">EV</a> set for April, leveraging the IP to expand its appeal among younger consumers.

<a href="/company/deepseek">DeepSeek's</a> chatbot suffered an outage lasting more than seven hours in China, with issues reported on March 29 evening. The company rolled out multiple updates and said a fix had been implemented, though service stability remained unclear.

<a href="/company/bytedance">ByteDance</a> has added watermarking and IP protection features to Seedance 2.0 ahead of its global rollout on CapCut. The update includes C2PA tagging, IP monitoring, and limits on generating real faces or copyrighted characters following scrutiny from Hollywood studios.

<a href="/company/huawei">Huawei</a> has hired Martin Schell, former director of Fraunhofer HHI, as R&amp;D head at its Bragg Research Center in the UK. The move highlights concerns in Germany over talent outflows as Chinese tech firms recruit from leading research institutions.

T-Head Semiconductor said its Zhenyue 510 SSD controller chip has surpassed 500,000 shipments and is deployed across <a href="/company/alibaba">Alibaba Cloud's</a> core services. Multiple storage vendors have reportedly launched products based on the chip.

<a href="/company/xpeng">Xpeng</a> will adopt “Xpeng Group” as its Chinese company name effective April 1, while retaining its English name, Xpeng. The change may reflect the company’s expansion beyond <a href="/industry/ev">EVs</a> into areas including <a href="/industry/robotics">robotics</a> and chipmaking.

Wahaha has halted about 70% of its production lines across multiple factories, pausing most shipments and issuing leave notices at some plants, according to people familiar. The shutdown is linked to production scheduling, with operations expected to resume around April 2.

Cainiao has signed a deal with CP Axtra to build an integrated online-offline retail logistics network in Thailand and Southeast Asia. It will provide digital supply chain and warehouse automation capabilities, leveraging CP Axtra's network of over 2,700 stores.

Chagee will open three stores in Seoul in the second quarter, marking its South Korea debut and first East Asia expansion beyond China. The push aligns with broader overseas expansion by Chinese tea chains, while Chagee’s international GMV rose 75.3% YoY to RMB 300.3 million.

<a href="/company/tencent">Tencent Cloud</a> has introduced its <a href="/industry/ai">AI</a> agent stack, including the ADP development platform, "Agent Runtime" sandbox, and TokenHub model-as-a-service upgrade. It said system engineering tools such as workflow design and memory management drive deployment outcomes, with its sandbox supporting rapid container scaling for training and execution.

Moonshot AI, the maker of Kimi, is considering a Hong Kong IPO and has held talks with CICC and Goldman Sachs, according to people familiar with the matter. The plan is at an early stage, with timing uncertain and no guarantee of a listing.

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

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Higher utilization, reduced subsidy reliance, and improved efficiency lift margins as the company reports its first adjusted quarterly profit.

CaoCao Mobility’s growth begins to translate into profit

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

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

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Adoption was strong during the campaign, but it remains unclear if user behavior will persist after incentives fade.

Alibaba’s latest Qwen subsidies are a bet on agentic commerce

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Ninebot partners Pop Mart IP

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CaoCao Mobility’s growth begins to translate into profit

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