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…


Kuaishou leads $434 million funding round in Q&A platform Zhihu

Chinese online Q&A platform Zhihu completed a $434 million F-round of…


Tencent's PUBG rebrand is world’s top-grossing mobile battle royale title

Promotion page for Tencent's "Game for Peace." (Image Credit: TechNode) Two…


China Mobile banks on 5G as first-half net profit dips 15%

Net revenue at state-backed carrier China Mobile dropped 15% annually in the…


NetEase posts Q2 growth in gaming, e-commerce but lower advertising revenue

NetEase's flagship game Nishuihan, developed by its Leihuo Game unit. (Image…