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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

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

Luckin Coffee

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

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

Consumer Economy

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

Retail

Coffee

Luckin’s latest acquisition and Mixue’s coffee trials point to a widening split in strategy.

China’s coffee market splits in two as Luckin moves upmarket and Mixue digs deeper

Home

Decoding China&#039;s tech and business pulse

KrASIA

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China Restaurant Insider

Photo of DJI’s logo on display at its flagship store in Xintiandi, Shanghai.

DJI sets industry standards in drone technology, offering aerial imaging, filming solutions, and advanced flight controls for professionals and hobbyists.

Departures at DJI have raised concerns, but there’s a contrarian view worth considering.

Why DJI’s talent outflow may be a sign of strength, not weakness

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.

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Cheng Zi

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

Malaysia

Singapore

Southeast Asia

Thailand

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

Deals in brief: GIC backs legal AI firm Harvey, Amity and Startale raise funding, China logs 14 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.

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Sudo Lim

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

Tencent | KrASIA

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

Deep Tech

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

Hardware

Indonesia

Tencent Cloud said on Monday that it has established its first internet data center in Indonesia in Jakarta's central business district. It will allow the firm to be closer to its users, reducing access delays to data and applications, help customers meet regulatory and compliance requirements, and provide more disaster recovery options in the Asia Pacific region, the company said.The data center will further support Tencent’s business in Indonesia, including music streaming platform Joox and on-demand video WeTv. The firm also has a partnership wi

Tencent Cloud opens first data center in Indonesia

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Khamila Mulia

MissFresh's highest IPO target: USD 1 billion

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

Grocery Delivery

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

On-demand Services

Grocery delivery startup MissFresh submitted an application for a public listing to the US Securities and Exchange Commission last week, indicating a fundraising target in the band of USD 500 million to 1 billion, Chinese news media outlet IPO Zaozhidao reported.MissFresh operates a network of prepositioned warehouses across the country that serve as small-scale distribution centers, each sending out shipments of fresh food to fulfill orders placed by customers. The company counts Tencent, Tiger Global, and Goldman Sachs China as investors.

KEY STAT | Online grocer MissFresh privately files for IPO in the US

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Julianna Wu

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

Sea Group

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

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

Creative

How does interactive entertainment evolve? Assess gaming ecosystems, esports growth, and technology enhancing virtual play.

Gaming

Garena's mobile shooting game Free Fire has overtaken Tencent's PUBG Mobile as the top battle royale game by player spending in the first quarter in the US, generating about USD 100 million in revenue against USD 68 million for PUBG, according to analytics firm Sensor Tower.

Garena Free Fire tops Tencent's PUBG Mobile for the first time in the US

Garena Free Fire tops Tencent&#8217;s PUBG Mobile for the first time in the US

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Ursula Florene

WeDoctor Hong Kong IPO to raise USD 3 billion

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

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

JD.com

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

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

Fintech

Beijing-based online mutual aid platform Qingsong Huzhu stopped operations on Wednesday, Economic Observer reported, citing users of the service. Before the shutdown, the site registered 17 million users at the end of May last year, second only to Ant Group's Xiang Hu Bao with about 100 million members.

Tencent-backed mutual aid platform Qingsong Huzhu abruptly shuts down

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Song Jingli

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

Entertainment

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

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

WeChat, Tencent’s superapp, combines messaging, social media, mobile payments, and mini-programs, streamlining daily tasks for over a billion users.

WeChat

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

Social Impact

Chinese tech conglomerate Tencent (HKEX: 0700) posted strong revenue growth of 28% for 2020 to reach USD 74.4 billion in sales, as online entertainment, social media, and investments brought in a steady stream of cash. Net income for the year was USD 24.5 billion, a 71% jump from 2019, exceeding previous estimations of USD 20 billion.

KEY STAT | Tencent reports USD 74 billion revenue for 2020

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

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

Douyin

Chinese short video giant ByteDance—via its gaming unit Nuverse—is acquiring the Shanghai-based mobile game developer Moonton, further encroaching onto Tencent's territory.

ByteDance buys game developer Moonton to take on Tencent

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

Live Streaming

What sets the world’s soundtrack? Follow streaming royalties, label strategies, and genre shifts guiding the global music industry’s rhythm.

Music

Tencent Music Entertainment (NYSE: TME) said on Monday that the company gained RMB 8.34 billion (USD 1.28 billion) in revenue in the fourth quarter of last year, up 14.3% year-on-year (YoY), and generated RMB 1.2 billion in net profits, up 15.4% YoY.