This website requires JavaScript.
China Daily Brief

China Tech Daily Briefing (May 21)

May 21, 2019 by The Passage Team
China Tech Daily Briefing (May 21)
  1. Xiaomi's revenue in Q1 2019 up by 27.2% to USD 6.34 billion.

  2. Social e-commerce platform PDD's revenue in Q1 2019 up by 228% to USD 677 million.

  3. Google to reportedly restrict Huawei’s access to Android systems.

  4. Fintech company Qudian reports 187.9% increase in net profit to USD 141 million.

  5. Tencent co-founder Chen Yidan donates shares worth USD 510 million.

  6. NetEase to develop Marvel games in China.

  7. Online travel agency Tongcheng Yilong signs strategy cooperation with OTA Mafengwo.

  8. Meituan may buy back 10% of its shares.

(Reported by Ruiyao Luo, staff reporter at The Passage.)

The Passage Team

The Passage is committed to creating in-depth content over technology industry across Asia with a focus on emerging startups in the technology, healthcare, education, food, tech, travel & mobility segments.

Follow The Passage Team