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36Kr (EN)

Bringing together the latest business insights and trends of China's tech ecosystem.

China Tech

Tencent Holdings Limited is a Chinese multinational investment holding conglomerate whose subsidiaries specialize in various Internet-related services and products, entertainment, artificial intelligence and technology both in China and globally.

Tencent

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. It was first released in 2011, and by 2018 it was one of the world's largest standalone mobile apps by monthly active users, with over 1 billion monthly active users.

Wechat

Social Impact

The tool is tapping WeChat’s humongous user base, which now stands at 1.2 billion.

KEY STAT | WeChat Work productivity app reveals active users for the first time | KrASIA

Home

KEY STAT | WeChat Work productivity app reveals active users for the first time

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

https://secure.gravatar.com/avatar/2bddd502480722fd382ec92dfe2fcb9f?s=96&d=mm&r=g

Julianna Wu

Alibaba Group Holding Limited is a Chinese multinational conglomerate specializing in e-commerce, retail, Internet and technology. 

Alibaba

Baidu

ByteDance or Beijing ByteDance Technology Co Ltd. is a Chinese Internet technology company operating several machine learning-enabled content platforms, headquartered in Beijing. It was founded by Zhang Yiming in 2012. ByteDance's core product, Toutiao, is a popular content platform in China.

Bytedance

Pinduoduo is an e-commerce platform allowing users to participate in group buying deals. It was founded by Colin Huang as Shanghai Dream Information Technology Co., Ltd. in September 2015.

Pinduoduo

Tiktok

Xpeng

Visual Stories

Take a look at this year's significant technology and business developments with KrASIA.

TECH PANO | 2020 and the future in the words of China's tech titans | KrASIA

TECH PANO | 2020 and the future in the words of China&#8217;s tech titans

Q&amp;A

Jiang Yingshuang discusses the struggles of raising a child with autism in China and how different parties can contribute to this cause.

[Tuning in] Autism care startup founder on how to provide a better environment for children with needs | KrASIA

[Tuning in] Autism care startup founder on how to provide a better environment for children with needs

Kuaishou's IPO valuation to surpass USD 50 billion

Kuaishou (Chinese: 快手) is a platform for recording with millions of original fresh videos everyday.

Kuaishou

With the spread of Internet global accessing (fastest Internet broadband connection TCP with accumulator cables and semi-fast connection), Short Video services have become very popular online. 

Short Video

The listing was delayed due to the large number of orders placed in the secondary market, a source told 36Kr.

KEY STAT | Loss-making short video app Kuaishou to list in early Februrary | KrASIA

KEY STAT | Loss-making short video app Kuaishou to list in early Februrary

Number of IPOs on Shanghai Stock Exchange, 2020: 228

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

China registered 395 new listings raising a total of USD 72 billion in Shanghai and Shenzhen combined, the largest amount since 2010.

KEY STAT | Shanghai takes the crown as world number one exchange for IPOs in 2020 | KrASIA

KEY STAT | Shanghai takes the crown as world number one exchange for IPOs in 2020

Creative

Music

Tencent Music Entertainment participated in the deal.

KEY STAT | Tencent buys additional 10% stake in Universal Music Group | KrASIA

KEY STAT | Tencent buys additional 10% stake in Universal Music Group

Chinese games revenue overseas in 2020: USD 15 billion

The game industry is the economic sector involved in the development, marketing, and monetization of games. It encompasses dozens of job disciplines and its component parts employ thousands of people worldwide.

Gaming

Domestically, the gaming industry reported a 20.7% jump in total income for the year.

KEY STAT | Chinese games revenue overseas has broken through RMB 100 billion for the first time | KrASIA

KEY STAT | Chinese games revenue overseas has broken through RMB 100 billion for the first time

Chinese share in global stock offering, 2020: 37%

JD.com, Inc., also known as Jingdong and formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing.

The USD 129 billion raised in 2020 mark a historical high for Chinese companies.

KEY STAT | Chinese companies raised record-breaking amount of money in global IPOs | KrASIA

KEY STAT | Chinese companies raised record-breaking amount of money in global IPOs

E-commerce is the activity of buying or selling of products on online services or over the Internet. 

E-Commerce

Health Tech

Retail

The healthcare unit of JD.com became the youngest unicorn on the Hurun Global Unicorns Index 2020.