Chinese fintech unicorn Lufax in no rush to IPO

(Image credit: Lufax) Chinese peer-to-peer (P2P) lender Lufax is not in a hurry…


Softbank to invest $1.6 billion in Didi: CEO

Japanese conglomerate Softbank will invest an additional $1.6 billion in Didi,…


Live-streaming app Momo posts strong growth in 2018 amid climbing costs

Chinese location-based social app and live-streaming platform Momo reported…


Super app Meituan promises prudence after Mobike bill hits home

Image credit: Meituan Operating losses at Chinese food delivery and services…


'Tech constraints' may slow China's 5G rollout, says Jefferies

Construction of China's next-generation 5G mobile network could be pushed back…


Tencent’s Honour of Kings rakes in RMB 7 billion: report

Screenshot of the expansion pack on Tencent Games' official website (Image…


Chinese startups are optimistic despite political, economic uncertainty: report

Despite global economic and political uncertainty, Chinese startups are…


Qutoutiao records strong growth but widened losses in 2018

Content platform company Qutoutiao saw explosive growth in monthly active…


YY completes Bigo acquisition to expand overseas reach

YY completes acquisition of tech company Bigo - YY What happened: Livestreaming…


Tencent's WeChat created 22 million job opportunities in 2018 - report

Social media platform WeChat created more than 22 million job opportunities in…