Alibaba

Baidu

ByteDance (TikTok)

DeepSeek

Meituan

Pinduoduo (Temu)

Xiaohongshu (RedNote)

Most Watched

Southeast Asia

China

Middle East

Japan

South Korea

Europe

Places

KrASIA Connection

Deals in Brief

Our Events

View All Collections

Collections

Events

Ecosystem

Insights

Features

About

36Kr (EN)

News

Photo of Masayoshi Son, founder and CEO of SoftBank, speaking at a news conference in Tokyo.

OpenAI researches advanced AI models, like ChatGPT, contributing to natural language processing, machine learning, and innovation in AI.

OpenAI

The US market serves as both the backbone and the driving force behind global technological advancements.

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

Australia

India

Indonesia

Oceania

Qatar

Bringing you the latest updates on funding deals and activities in the Asia Pacific.

Deals in brief: SoftBank to anchor OpenAI’s USD 40 billion raise, Hoopi secures funding for collectibles push, ShopUp and Sary confirm merger, and more | KrASIA

Home

Deals in brief: SoftBank to anchor OpenAI’s USD 40 billion raise, Hoopi secures funding for collectibles push, ShopUp and Sary confirm merger, and more

Decoding China&#039;s tech and business pulse

KrASIA

https://secure.gravatar.com/avatar/972f75dd52ed83672433f4213ed054a8?s=96&d=blank&r=g

KrASIA Writers

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

Consumer Services

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

Retail

Aldi’s China playbook blends elements of Sam’s Club and Hema, but with its own twist: a sharp focus on price, precision, and private labels.

Aldi’s supermarkets have Chinese shoppers hooked—now it wants more | KrASIA

Aldi’s supermarkets have Chinese shoppers hooked—now it wants more

36Kr is China's most influential business and technology network. Since 2010, 36Kr has been delivering high-quality content focused on China’s innovation and new economy trends. 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.

https://secure.gravatar.com/avatar/a6b9ace74da9df391d5f7ba1892f4393?s=96&d=blank&r=g

36Kr English

Taiwan and South Korea also aim to become more welcoming to foreign investors.

Tokyo exchange to mandate English disclosure to lure overseas investors | KrASIA

Tokyo exchange to mandate English disclosure to lure overseas investors

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

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

Nikkei Asia

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

Meituan | KrASIA Archives

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

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

Didi

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

JD.com

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

Pinduoduo

How do clicks replace aisles? Explore global marketplaces, payment solutions, and technology accelerating online retail’s growth.

E-commerce

Group-buying businesses have shunned top-tier cities so far.

Pinduoduo pioneers neighborhood group-buying service in Shanghai | KrASIA

Pinduoduo pioneers neighborhood group-buying service in Shanghai

https://secure.gravatar.com/avatar/b1f58c52050738746ae9a2be6555a9ab?s=96&d=blank&r=g

Song Jingli

Volume of F&B deliveries in Chinna in 2020: USD 1.3 trillion

Ele.me, a Chinese online food delivery platform, partners with local restaurants to provide fast, convenient dining options to urban consumers.

Ele.me

How does dinner arrive at your door? Study platform partnerships, last-mile delivery, and culinary trends powering the takeaway economy.

Food Delivery

How do platforms deliver on immediacy? Analyze ride-hailing, instant deliveries, and gig models meeting consumer needs fast.

On-demand Services

On average, each of the 500 million users placed 34 orders in 2020.

KEY STAT | Takeouts account for over 20% of China's F&B industry | KrASIA

KEY STAT | Takeouts account for over 20% of China&#8217;s F&#038;B industry

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

Julianna Wu

Wency Chen is a reporter KrASIA based in Beijing, covering tech innovations in&amp;beyond the Greater China Area. Previously, she studied at Columbia Journalism School and reported on art exhibits, New York public school systems, LGBTQ+ rights, and Asian immigrants. She is also an enthusiastic reader, a diehard fan of indie rock and spicy hot pot, as well as a to-be filmmaker (Let’s see). Follow her on Twitter: @ChenWQ45 Tips go to: wency@kr-asia.com

What streamlines global commerce? Examine digital wallets, cross-border remittances, and instant settlement technologies.

Payments

Meituan has been criticized by regulators in Beijing for monopolistic practices before, notably for exploiting merchants with coercive exclusivity agreements.

Meituan hit with anti-monopoly lawsuit for ditching Alipay | KrASIA

Meituan hit with anti-monopoly lawsuit for ditching Alipay

https://secure.gravatar.com/avatar/7b1a0ac913a6b90abe2e8a2c9da48e43?s=96&d=blank&r=g

AJ Cortese

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

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.

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

ByteDance

Douyin, the Chinese version of TikTok, showcases locally popular short videos, influencer content, and creative challenges optimized for China’s market.

Douyin

Kuaishou, best known for its short video platform, drives user-generated content, influencer marketing, and community engagement through shareable clips.

Kuaishou

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

Li Auto

Luckin Coffee provides app-based ordering, convenient pickup, and a broad beverage menu, reshaping China’s coffee consumption patterns.

Luckin Coffee

NetEase, a Chinese Internet services firm, offers online gaming, music streaming, and e-commerce platforms, engaging millions of digital users.

NetEase

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

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

Tencent

TikTok hosts short-form videos spanning entertainment, education, and branded content, capturing global audiences and driving cultural trends.

TikTok

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

WeRide

WM Motor creates user-centric electric cars and integrates connectivity, smart interfaces, and eco-friendly powertrains.

WM Motor

Xpeng Motors builds intelligent EVs equipped with advanced infotainment systems, autonomous features, and sleek electric mobility designs.

Xpeng Motors

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

Fintech

What happens when viewers join in real time? Explore live streaming platforms, audience interaction tools, and brand opportunities in instant video.

Live Streaming

How can businesses drive positive change? Study policies, ESG strategies, and community initiatives fostering global social advancement.

Social Impact

Videos

The pandemic accelerated tech trends that will continue to dominate daily life in 2021.

Video | Looking back on the biggest news and trends of 2020 | KrASIA

Video | Looking back on the biggest news and trends of 2020

https://secure.gravatar.com/avatar/40bc4bc030b4758fba1c6559649bc5f7?s=96&d=blank&r=g

James Chan

Vegetables- Photo by Chantal Garnier on Unsplash

New battleground for internet giants threatens small businesses.

China's community group-buying fever meets Beijing's snub | KrASIA

China&#8217;s community group-buying fever meets Beijing&#8217;s snub

Google dominates online search, digital ads, and cloud solutions, powering discovery, analytics, and smartphone operating systems.

Google

Microsoft develops Windows, Office, and Azure cloud platforms, enabling productivity, collaboration, and scalable computing worldwide.

Microsoft

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

What grounds digital progress in physical form? Analyze chipsets, sensors, and advanced components driving device performance.

Hardware

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

Short Video

What fits the world in your pocket? Track device innovation, OS ecosystems, and connectivity shaping smartphone usage.

Smartphones

The area is the hometown of Chinese unicorns like ByteDance, Xiaomi, Didi, and Meituan.

How Zhongguancun became the innovation hub powering China's tech aspirations | KrASIA

How Zhongguancun became the innovation hub powering China&#8217;s tech aspirations

https://secure.gravatar.com/avatar/b9f210dc904c45eaee7de82333e6b7ef?s=96&d=blank&r=g

Wency Chen

Chinese tech firms JD.com, Meituan, and Didi have also been trying to persuade their users to ditch WeChat Pay and Alipay.

Pinduoduo unveils payment service Duoduo Pay for its 731 million users | KrASIA

Pinduoduo unveils payment service Duoduo Pay for its 731 million users

Companies like Alibaba and Meituan use exclusivity agreements and "monopoly clauses" to box in merchants and hobble competitors. That may change soon.

China's new antitrust rules rein in sprawling marketplace platforms | KrASIA

China&#8217;s new antitrust rules rein in sprawling marketplace platforms

China's largest on-demand service platform has been one of the slowest tech giants to rebound from the impact of COVID-19, but the recovery is underway.

Meituan

Pinduoduo pioneers neighborhood group-buying service in Shanghai

KEY STAT | Takeouts account for over 20% of China’s F&B industry

Meituan hit with anti-monopoly lawsuit for ditching Alipay

Video | Looking back on the biggest news and trends of 2020

China’s community group-buying fever meets Beijing’s snub

How Zhongguancun became the innovation hub powering China’s tech aspirations

Pinduoduo unveils payment service Duoduo Pay for its 731 million users

China’s new antitrust rules rein in sprawling marketplace platforms

Meituan shows strong recovery as China’s service economy rebounds

Most Recent

Deals in brief: SoftBank to anchor OpenAI’s USD 40 billion raise, Hoopi secures funding for collectibles push, ShopUp and Sary confirm merger, and more

Aldi’s supermarkets have Chinese shoppers hooked—now it wants more

Tokyo exchange to mandate English disclosure to lure overseas investors