Fintech startup Seedflex has raised USD 3.2 million in a seed extension round to scale its lending platform across Southeast Asia. Co-led by ZVC and Iterative, with backing from existing and angel ...

Baidu’s Apollo unit and Car Inc will roll out autonomous car rentals starting in Q2 2025, beginning in cultural tourism zones. The service will iterate based on user feedback and expand over the next ...

Autohome reported RMB 1.45 billion in Q1 2025 revenue, down 10% YoY, as ICE automakers cut back on ad spending. Net income declined to RMB 357 million, while adjusted net income reached RMB 421 ...

Kuaishou’s short video GMV rose over 50% in 2024, while the number of buyers shopping across live streams, short videos, and shelf-based channels grew nearly 20%. In Q4 alone, shelf-based product card ...

Alibaba's Quark app has launched a "deep search" feature that interprets complex queries through reasoning, agent coordination, and web-wide content synthesis. Built on its in-house model and billions ...

Svolt Energy Technology's overseas battery shipments reached 0.77 GWh in April, up 72% YoY and its highest monthly total to date. Cumulative shipments from January to April rose 126% YoY to 2.76 GWh, ...

Yili Group saw FY2024 revenue reach RMB 115.8 billion as overseas sales of infant formula and ice cream jumped 68% and 13%. The company returned 100.4% of profits to shareholders, marking a new high ...

Arysun, a Singapore-based climate tech startup, has secured USD 575,000 in pre-seed funding to broaden access to rooftop solar solutions for Southeast Asian households. The round was led by Wavemaker ...

GoTo has denied reaching any agreement on a merger with Grab, saying its board is still reviewing options to enhance long-term shareholder value. While the company confirmed it has received offers, it ...

Baojun is set to debut a new SUV equipped with Huawei’s Qiankun ADS system and LiDAR. Slated for launch by year-end and priced at RMB 150,000–250,000, it will be Baojun’s priciest model to date, yet ...

Dingdong Maicai has partnered with DFI Retail Group to deliver mainland produce to Hong Kong. Select vegetables are already available in Wellcome stores, its online shop, and on Foodpanda. The rollout ...

KrASIA tracks China’s tech and business stories—alongside key developments across the broader Asia Pacific region.