P2P lending platform PPDai posts solids results in Q2, turns to institutional funding

Image credit: BigStock/Stanislau_V New York-listed PPDai, an online financing…


Xiaomi second-quarter revenue jumps 15% as it sells more premium phones

A Mi 8 phone sits on display in a Xiaomi store in Shanghai on March 22, 2019.…


Douyin and TikTok rake in $11.7 million in user spending in July

Screenshot of TikTok's official website. (Image Credit: TikTok) Short video app…


China Tech Investor 33: 2019 year-to-date for China’s tech stocks—Meituan surges, Baidu slumps, and more

China Tech Investor is a weekly look at China’s tech companies through the lens…


Luckin's net losses doubled in Q2 as cash-burning continues

A Luckin takeout order sits on a counter at one of the chain’s Shanghai stores.…


Tencent's gaming revenue rebounded in Q2 as advertising growth cooled

Steady growth in gaming and fintech helped Tencent achieve…


Lenovo's quarterly profit jumps despite trade war uncertainty

Lenovo's net profit more than doubled in the first fiscal quarter to beat…


India beat China for number of fintech deals in Q2: CB Insights report

An Alipay sticker shows consumers how to pay on mobile phones. (Image credit:…


Douyu outspent Huya on user acquisition in Q2

The logos of Douyu and Huya. (Image Credit: TechNode) Game-centric…


Tencent Music shares slide as Q2 revenue fails to meet expectations

Screenshot of Tencent Music Entertainment Group's official website (Image…