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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.

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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 deals and activities in the Asia Pacific.

Deals in brief: Valtor secures Wavemaker backing, Qapita raises Series B funding, Accel and Peak XV invest in Supabase, and more

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Decoding China&#039;s tech and business pulse

KrASIA

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

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

How do businesses grow responsibly? Examine green policies, sustainable materials, and climate commitments guiding corporate strategies.

Sustainability

Cambodia

Indonesia

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Myanmar

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Vietnam

Decarbonization efforts and shifting industrial priorities intensify the need for integration.

ASEAN's power grid dream gathers pace after decades of inertia

ASEAN&#8217;s power grid dream gathers pace after decades of inertia

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

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Nikkei Asia

How do ideas shape industries? Learn how content, design, and digital artistry influence branding, marketing, and cultural impact.

Creative

What entertains a connected world? Track shifts in film, music, and media consumption, as platforms and audiences redefine cultural experiences.

Entertainment

China

The new Match Attax series marks Fanatics’ China debut and Kayou’s entry into sports IPs, bridging two major collectibles markets.

Kayou partners with Fanatics to launch China’s first official NBA trading cards

36Kr is China's most influential business and technology network, delivering high-quality content focused on China’s innovation and new economy trends since 2010. With its extensive traffic and network, 36Kr has built a comprehensive database and strong data analytics capabilities to provide insights into China’s technology landscape.

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36Kr English

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

Alibaba | KrASIA

WeDoctor Hong Kong IPO to raise USD 3 billion

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

JD.com, a Chinese e-commerce leader, ensures trusted transactions, efficient logistics, and a wide product selection for online shoppers.

JD.com

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

How is healthcare going digital? Investigate telemedicine, wearable sensors, and data-driven platforms improving patient experiences.

Health Tech

What medical tools shape care delivery? Assess medical devices, diagnostics, and digital services refining patient treatment.

Medtech

Internet hospital and health maintenance platform WeDoctor filed a prospectus for a Hong Kong IPO on Thursday night. The company expects to raise up to USD 3 billion, according to 36Kr.The company generated revenue to the tune of RMB 1.8 billion (USD 280 million) in 2020, more than three times higher than that of the year before. Losses in 2020 were RMB 1.9 billion (USD 290 million), a gentle 1.1% decline year-on-year.

KEY STAT | Tencent-backed online hospital WeDoctor files for IPO

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Julianna Wu

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

What changes the way we shop? Review fresh inventory management, dark stores, and logistics driving door-to-door grocery services.

Grocery Delivery

How do stores adapt to digital shifts? Explore e-commerce integration, inventory analytics, and omnichannel strategies for modern shoppers.

Retail

Just four months after its last round, group-buying startup Nice Tuan on Wednesday said that it raised another USD 750 million in its Series D round, from investors including Alibaba, DST Global, and GGV Capital, 36Kr reported.

KEY STAT | Alibaba-backed Nice Tuan closes another big-ticket investment

Can brief clips hold lasting impact? Analyze short-form content trends, creator communities, and platform strategies for rapid viewer engagement.

Short Video

Chinese internet group Tencent Holdings has vowed to make its platform of a billion-plus users open to industry players -- including competitors -- as Beijing steps up an anti-monopoly crackdown aimed at big tech companies.Tencent President Martin Lau told investors Wednesday that its platform is open to industry players and that collaboration with any big companies needs to be "mutually constructive," responding to media reports that Tencent will allow rival Alibaba Group Holding's Taobao marketplace to sell through its mini-program

Tencent vows to embrace open platform amid antitrust crackdown

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.

Lazada has ironed out its operations, but can it catch up to Shopee?

Here’s how Lazada lost its lead to Shopee in Southeast Asia (Part 2 of 2)

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Late Post

Southeast Asia’s homegrown e-commerce platform, Shopee, is a pioneer in more ways than one. Formed in 2015, it is an offshoot of gaming company Garena, helmed by founders who studied abroad and worked overseas for multinational companies. Its fourth quarter and full year 2020 financial reports indicate that Shopee’s turnover for the year was USD 35.4 billion, double that of 2019 and accounting for 57% of the entire Southeast Asian e-commerce market’s transaction volume.

Here’s how Lazada lost its lead to Shopee in Southeast Asia (Part 1 of 2)

Ant Group, a fintech powerhouse, offers digital payments, wealth management tools, and micro loans, enabling borderless, mobile-first financial services.

Ant Group

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

Baidu

Taobao, Alibaba’s consumer-to-consumer marketplace, connects Chinese shoppers with diverse products, from fashion and electronics to everyday essentials.

Taobao

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

How does finance become frictionless? Examine digital banking, payment innovation, and lending platforms redefining financial access.

How does credit flow online? Explore digital lending tools, alternative scoring, and services accelerating capital access.

Lending

China Banking and Insurance Regulatory Commission (CBIRC) and four other government bodies have specified that all micro loan firms in the country cannot extend consumer loans to university students, according to an announcement on Wednesday.

China bans microlenders from granting consumer loans to university students

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Song Jingli

Pinduoduo revolutionizes e-commerce with social group buying, connecting budget-conscious shoppers to discounts on a broad range of products.

Pinduoduo

E-commerce giant Alibaba is planning to launch a mini program on Tencent's WeChat platform as the company has been outpaced by Pinduoduo for the first time. The latter said on Wednesday that it recorded 788.4 million active buyers last year, surpassing Alibaba's 779 million

Surpassed by Pinduoduo, Alibaba plans to tap WeChat for new users

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

Didi

Meituan, China’s all-in-one local services platform, covers food delivery, travel bookings, and lifestyle deals, simplifying daily consumer choices.

The community group-buying businesses of Meituan, Didi Chuxing, and Pinduoduo, as well as Alibaba-backed Nice Tuan have been fined by the State Administration for Market Regulation (SAMR) with RMB 1.5 million (USD 230,000) for selling groceries below cost and for misleading consumers with non-existing discounts. Tencent-backed firm Shixianghui was penalized with RMB 500,000, the regulator announced on its website on Thursday.

Chinese regulator fines firms in broad crackdown on grocery group-buying sector

80% of JD.com's user increase comes from lower-tier cities

E-commerce giant JD.com (NASDAQ: JD, HKEX: 9618) said in its Q4 report on Thursday that it reached 472 million active buying users in 2020, 30% or 110 million more than in the previous year. More than 80% of the new customers came from China's numerous lower-tier cities.