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While China’s tea chains race to open stores, Molly Tea is opting for a more measured expansion. Will this strategy give it an edge, or leave it lagging behind?

Molly Tea isn’t rushing into China’s tea wars—could that be the smarter move? | KrASIA

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Molly Tea isn’t rushing into China’s tea wars—could that be the smarter move?

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

KrASIA

KrASIA Connection curates technology and innovation updates from China.

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Angel Investing

Investment

Merger &amp; Acquisition

Private Equity

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

Indonesia

Singapore

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

Deals in brief: MindWorks Capital raises USD 220 million for new fund, Chickin and watchTowr reportedly bag Series A funding, four China deals, and more | KrASIA

Deals in brief: MindWorks Capital raises USD 220 million for new fund, Chickin and watchTowr reportedly bag Series A funding, four China deals, and more

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KrASIA Writers

Baidu

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

China Tech

Autonomous Vehicles is about self-driving. A self-driving car is also known as a robot car, autonomous car, or driverless car, is a vehicle that is capable of sensing its environment and moving with little or no human input.

Autonomous Vehicles

Mobility

An on-demand service platform connects waiting-time-sensitive customers with independent service providers.

On-Demand Services

Ride-hailing encompasses a range of companies and services, including traditional taxis and car services. 

Ride-hailing

With plans to launch in Hong Kong, Singapore, and the Middle East, Baidu’s robotaxi service aims to break new ground as competition in self-driving intensifies.

Baidu’s Apollo Go eyes global expansion as robotaxi race heats up | KrASIA

Baidu’s Apollo Go eyes global expansion as robotaxi race heats up

Visual Stories

KrASIA | Visual Stories Archives

NIO (Chinese: 蔚来; pinyin: Wèilái) is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles. The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.

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

Electric Vehicles

The cash-craving EV startup rebounded strongly from the pandemic's impact, setting a monthly record for electric vehicles sold in May.

KEY STAT | Tencent makes new bid for Chinese EV maker Nio | KrASIA

KEY STAT | Tencent makes new bid for Chinese EV maker Nio

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Julianna Wu

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

Alibaba

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

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

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

E-Commerce

Tmall and JD.com broke their sales records as China welcomed the biggest wave of online shopping since the COVID-19 outbreak.

TECH PANORAMA | China just held its biggest online shopping fest ever | KrASIA

TECH PANORAMA | China just held its biggest online shopping fest ever

Bukalapak

Gojek is a transportation network company and logistics startup company based in Jakarta, Indonesia.

Gojek

GrabTaxi Holdings Pte. Ltd. is a transportation network company based in Singapore. In addition to transportation, the company offers food delivery services via mobile app. It operates in the Southeast Asian countries of Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia. 

Grab

Tokopedia is an Indonesian technology company, sometimes referred to as a unicorn. It was founded in 2009 by William Tanuwijaya and his Bestfriends from Harvard University, Michael Alexander.

Tokopedia

Following the speedy spread of the coronavirus, tech companies in the country are modifying their services to fit their users' new routines.

COVID-19 in Indonesia: How tech companies are adapting in a time of crisis | KrASIA

COVID-19 in Indonesia: How tech companies are adapting in a time of crisis

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Khamila Mulia

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

TikTok's owner set an annual revenue goal of RMB 200 billion, while more than 80% of its 2019 revenue was from online advertising.

KEY STAT | ByteDance first quarter revenues up 130% with annual target half of Tencent's 2019 earnings [Update] | KrASIA

KEY STAT | ByteDance first quarter revenues up 130% with annual target half of Tencent&#8217;s 2019 earnings [Update]

Chinese e-commerce stocks surge amid the "618" shopping festival.

KEY STAT | Pinduoduo market cap hits USD 100 billion just before JD.com's Hong Kong IPO | KrASIA

KEY STAT | Pinduoduo market cap hits USD 100 billion just before JD.com&#8217;s Hong Kong IPO

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

Multiple investors rated Tencent as "buy" or "overweight" following a robust global gaming performance in May.

KEY STAT | Pony Ma sold USD 550 million worth of Tencent shares in four days | KrASIA

KEY STAT | Pony Ma sold USD 550 million worth of Tencent shares in four days

NetEase, Inc. is a Chinese Internet technology company providing online services centered on content, community, communications and commerce. The company was founded in 1997 by Lebunto. NetEase develops and operates online PC and mobile games, advertising services, email services and e-commerce platforms in China.

NetEase

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

Music

Tencent aims to build an online music empire in China and then beyond.

KEY STAT | Tencent acquires 10% stake in newly listed Warner Music Group | KrASIA

KEY STAT | Tencent acquires 10% stake in newly listed Warner Music Group

Didi Chuxing Technology Co., formerly Didi Kuaidi, is a Chinese transportation network company, artificial intelligence and autonomous technology conglomerate.

Didi

Meituan-Dianping is a Chinese group buying website for locally found food delivery services, consumer products and retail services. The company is headquartered in Beijing and was founded in 2010 by Wang Xing. The Meituan.com site offers deals of the day by selling vouchers on local services and entertainment.

Meituan

Transport or transportation is the movement of humans, animals, and goods from one location to another. 

Transportation

As the third-largest unicorn in China, Didi is at a key point in its development.

BIZ IN GRAPHICS | Didi shows ambitions with 800 million monthly users target | KrASIA

BIZ IN GRAPHICS | Didi shows ambitions with 800 million monthly users target

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Julianna Wu and Amos Chen

Tencent's Honor of Kings and PUBG Mobile continue to be the highest-grossing mobile games worldwide.