Alibaba

ByteDance

CATL

Huawei

Meituan

Tencent

Xiaomi

Most Followed

Market News

Listings (IPO)

Earnings Reports

Venture Roundup

Big Tech

Automotives

Retail and Commerce

Collections

News

Features

Insights

Press Releases

Anta

DeepSeek

Geely

Li Auto

Mixue Bingcheng

Pop Mart

Going Global

Alibaba’s Model Studio is expected to exceed RMB 30 billion in annualized revenue by year's end, according to group CEO Eddie Wu, with AI-related inco…

Latest

Collaborate

Earnings

Auto

Retail & Commerce

Sea Group operates digital entertainment (Garena), e-commerce (Shopee), and fintech (SeaMoney) platforms across Southeast Asia.

Sea Group

Shopee, a Southeast Asian online marketplace, features interactive shopping, flash deals, and localized payment options.

Shopee

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

Southeast Asia

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

Singapore

The company beat estimates as first-quarter revenue exceeded USD 7 billion.

Singapore's Sea logs drop in e-commerce profit as competition intensifies

Decoding China&#039;s tech and business pulse

KrASIA

As part of 36Kr’s ongoing partnership with Nikkei, you can read selected content from Nikkei Asia on KrASIA.

Nikkei Asia

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

Batteries

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

Deep Tech

How is power evolving? Review renewable sources, grid innovations, and efficiency measures driving cleaner, more resilient energy systems.

Energy

Africa

Australia

China

Oceania

The USD 210 million deal gives it access to lithium resources in Ghana and Ivory Coast.

China's Huayou to buy Africa-focused Australian miner in lithium rush

Photo shows Kong Wan Sing, founder and CEO of JustCo.

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

Japan

Thailand

Vietnam

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

Deals in brief: JustCo files for SGX listing; Thailand’s Konvy raises Series B funding; 12 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.

Sudo Lim

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

Header Section | KrASIA

Home

Sections

Header Section

<a href="/company/alibaba">Alibaba’s</a> Model Studio is expected to exceed RMB 30 billion in annualized revenue by year's end, according to group CEO Eddie Wu, with <a href="/industry/ai">AI</a>-related income projected to account for more than 50% of total cloud revenue within the next year.

TSMC projects the global semiconductor market will exceed USD 1.5 trillion by 2030, up from an earlier forecast of USD 1 trillion, with AI and high-performance computing expected to account for 55% of the total. To meet demand, the company is accelerating capacity expansion, including plans for nine new wafer fabrication plants and advanced packaging facilities.

Shenzhen-based Adtech Technology has filed for an IPO on the Hong Kong Stock Exchange, according to a regulatory filing.

Bambu Lab reached RMB 10 billion in revenue in 2025, capturing nearly 30% of the global market. The company is part of a group of Shenzhen-based firms that control 90% of the entry-level 3D printer segment, though it faces increasing competition and potential IP risks as it expands globally.

SMIC reported Q1 2026 revenue of USD 2.5 billion, meeting guidance despite a slight decline in smartphone demand. It expects Q2 revenue to grow 14–16%, above market expectations of 7%, as demand for mature process nodes and pricing recover.

Hengrui Medicine has signed a global partnership with Bristol Myers Squibb covering 13 early-stage projects in oncology, hematology, and immunology. Announced on May 12, the deal has a potential total value of USD 15.2 billion, including USD 950 million in upfront and milestone payments.

SMIC is raising prices for products in high demand, co-CEO Zhao Haijun said during the company’s Q1 earnings call. The company reported a Q1 gross margin of 20.1%, up 0.9 percentage points sequentially, driven by higher average selling prices and an improved product mix.

<a href="/company/honor">Honor</a> CEO Li Jian said the company will release its “Robot Phone” in the third quarter of 2026. The device, first unveiled at MWC 2026, features a 200-megapixel motorized gimbal camera and uses <a href="/industry/ai">AI</a>-driven object tracking and video stabilization technology developed with Arri.

<a href="/company/alibaba">Alibaba</a> said AliExpress Brand+ penetration exceeded 30% of quarterly active buyers in its latest reported quarter, with faster brand onboarding and sales gains. Launched in 2025, the program targets overseas growth, with brand GMV up more than 40% and a plan to help 2,000 Chinese brands expand globally.

<a href="/company/xpeng">Xpeng</a> is in talks with Volkswagen and other automakers to acquire a manufacturing facility in Europe. Cheng Xiaoguang, its head for Northeast Europe, said the company is evaluating potential sites, adding that some existing Volkswagen facilities may not meet its future production requirements.

<a href="/company/minimax">MiniMax</a> has launched Mavis, a new mode for its desktop agent platform designed to handle complex, long-term tasks. The system uses a multi-agent architecture with distinct roles to improve task accuracy through internal checks. MiniMax also unified its token- and agent-based subscription plans, giving users more flexible access across its model ecosystem.

Photo shows demolition work at a building site in Hanoi.

The USD 2.5 trillion plan to address population growth comes with demolitions and relocations.

Remaking Hanoi: Vietnam bets on colossal capital renewal to drive growth

https://secure.gravatar.com/avatar/aec5e55596415464d13490d0e0caa9a2?s=96&d=blank&r=g

Photo shows blind boxes themed after Mixue Bingcheng’s Snow King mascot.

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.

East Asia

Mixue Bingcheng runs beverage shops, leveraging mobile ordering and social commerce to serve refreshing drinks and desserts.

Mixue’s large store in Guangzhou is part of its efforts to differentiate itself from competitors.

Mixue Bingcheng takes page from Labubu with Snow King merch

WeRide refines autonomous vehicle software, deploying AI-driven solutions that improve road safety, efficiency, and future-ready mobility.

WeRide

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

Autonomous 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

Its footprint now spans dozens of cities across 12 countries.

WeRide posts record quarterly revenue as robotaxi rollout gains pace

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

https://secure.gravatar.com/avatar/67ae9d03f1a90341b57a164fd6549e93?s=96&d=blank&r=g

Alibaba’s Model Studio to surpass RMB 30 billion in annual revenue

Latest Pulses

Most Recent

Remaking Hanoi: Vietnam bets on colossal capital renewal to drive growth

Mixue Bingcheng takes page from Labubu with Snow King merch

WeRide posts record quarterly revenue as robotaxi rollout gains pace