I did a quick comparison between Lotoo Paw 5000 and QLS QA360. At first P5000 is physically very small compared to QA360. Easy to carry easy to use.
In terms of SQ, both have their own strengths. 360 has blacker and more stable background with slightly weightier notes overall. P5000 has significantly better transparency and slightly better resolution. 360 has a bit deeper sub bass with a better texture and emotion, while P5000 midbass is more resolved; subbass is faster, a bit lighter and tighter. Both have similar amount of treble, P5000 is a bit more alive in this range.
360 has a deeper stage with better layering, while both have similar dimension of width.In addition, P5000 has a forward mid presentation by a hair than QA360.