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CATL expects energy storage to account for half of its global sales by 2030, up from about 25% now, as demand for grid-scale batteries grows. The comp…

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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

Huawei, a global telecom and smartphone vendor, delivers networking equipment, 5G solutions, and consumer devices integrating cutting-edge tech.

AI Infrastructure

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

Artificial Intelligence

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

Deep Tech

Huawei is focusing on domestic computing power and enterprise use cases as rivals compete on cheaper AI inference.

Huawei Cloud shifts the AI cloud fight beyond token prices

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.

Cheng Zi

Li-Ning, a Chinese sportswear brand, focuses on performance-driven footwear and apparel, combining functionality with contemporary design.

Li-Ning

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

Consumer Economy

The Chinese sportswear brand is counting on Curry Brand becoming a long-term global asset.

Will Li-Ning’s Stephen Curry deal cut both ways?

Photo of Christopher Chan and Lee Jun Xian, co-founders of Handshake Finance.

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.

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

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

Deals in brief: Handshake Finance, Clear Robotics raise funding; VoidZero joins Cloudflare; GIC invests in Supabase and Ramp; 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.

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<a href="/company/catl">CATL</a> expects energy storage to account for half of its global sales by 2030, up from about 25% now, as demand for grid-scale batteries grows. The company said <a href="/industry/ev">EV</a> batteries still make up about three-quarters of sales, while storage demand is being driven by the need to support intermittent renewable power.

<a href="/company/alibaba">Alibaba</a> announced a DingTalk leadership change on June 11, appointing Chen Yusen as CEO. Chen, a technology executive born in 1992, succeeds Chen Hang and becomes the youngest CEO of an Alibaba business unit.

TEMB Intelligent Technology reported YoY declines in Q1 2026 revenue and profit ahead of its upcoming IPO review. The automotive parts manufacturer plans to raise RMB 2.06 billion, despite distributing nearly RMB 600 million in dividends during the reporting period, including payments to its controlling shareholders.

<a href="/company/dji">DJI</a> could have reached ten times its current scale if founder Wang Tao had invested earlier in departing employees, according to developer Lin Yuan. Lin, who helped build DJI from a struggling startup into a global leader, attributed the company’s success to its uncompromising, R&amp;D-driven methodology.

<a href="/company/jd">JD.com</a> announced that its first JD Mall in Hong Kong will open in Wan Chai on June 18, marking its entry into the city’s physical retail market. The company plans to open another six to eight JD Mall locations in Hong Kong over the next three years.

Insta360 faces a valuation test as 227 million restricted shares, representing 56.5% of its total equity, became eligible for trading on June 11. The unlock follows the company’s one-year IPO anniversary. With early investors sitting on sizable paper gains, the market is watching for selling pressure as competition and production costs rise.

<a href="/company/pop-mart">Pop Mart</a> is pushing back against concerns that its international growth relies too heavily on Labubu. COO Si De said non-Labubu products accounted for about 50% of US revenue in 2025 and made up the majority of sales in Japan, South Korea, and Southeast Asia. The company aims to have more than 100 US stores in 2026.

<a href="/company/byd">BYD</a> will begin vehicle production at its new plant in Szeged, Hungary, in Q4 2026. Executive vice president Stella Li confirmed that equipment installation is underway. The facility is BYD’s first passenger car factory in Europe, while the company has put its planned USD 1 billion factory in Turkey on hold.

Seer Robotics cleared its Hong Kong IPO hearing on June 7. Despite leading the global robot controller market by 2025 sales volume, the company posted a cumulative loss of RMB 137 million from 2023–2025. Its filings also point to risks from a low-price strategy, shrinking controller margins, and cash flow pressure.

<a href="/company/li-auto">Li Auto</a> said it has produced 140,000 units of its i6 SUV less than nine months after the model’s first delivery. The company said the vehicle has logged monthly deliveries of more than 20,000 units for three consecutive months, ranking it among the top three pure electric SUVs by sales.

Li Weimeng has reportedly stepped down as CMO of IM Motors. Li, who became the company’s first CMO in June 2024, may transition to an AI-focused role. The company has appointed a successor from within the SAIC Motor system.

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

What shapes modern healthcare and agriculture? Examine biotech startups, gene editing, and drug discovery unlocking biological potential.

Biotechnology

The move gives the unit more independence while preserving support from its parent company.

ByteDance spins out drug discovery unit to test AI4S commercialization

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Photo shows the Aito M9 on display at Huawei’s flagship store in Taikoo Li Qiantan, Shanghai, in late 2023.

Aito

Li Auto develops electric vehicles that combine smart cockpit systems, advanced safety features, and long-distance battery support.

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

Seres

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

Li Auto, Nio, and Aito are pushing into the RMB 500,000 segment, each with a different answer to what high-end now means.

China’s electric SUV makers chase high-end buyers

TSMC, a leading semiconductor manufacturer, delivers advanced chipsets that enable next-generation devices and cloud computing servers.

TSMC

What powers digital devices? Delve into chip design, manufacturing bottlenecks, and semiconductor breakthroughs fueling global electronics.

Semiconductors

The chipmaker said it will not raise prices like "memory chip guys" amid the AI demand surge.

TSMC "not afraid of competition" as CEO wishes Elon Musk good luck on chips

TSMC &#8220;not afraid of competition&#8221; as CEO wishes Elon Musk good luck on chips

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CATL targets 50% energy storage sales

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ByteDance spins out drug discovery unit to test AI4S commercialization

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