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China Daily Brief

China Tech Daily Briefing (Jun 15)

Jun 15, 2019 by The Passage Team
China Tech Daily Briefing (Jun 15)
  1. E-commerce platform files for IPO in China.

  2. Shanghai government orders Didi Chuxing to delist all unqualified vehicles from the platform.

  3. Second-hand vehicle website Renrenche to lay off staff and restructure.

  4. Huawei to reportedly postpone the launch of foldable phone Mate X till September.

  5. Starbuck challenger Luckin Coffee to launch self-service coffee machine.

  6. O2O cake delivery platform Bliss Cake partners with Luckin Coffee.

  7. Real estate startup Beike Zhaofang is reportedly seeking bank loan of USD 1 billion.

  8. Huawei and Xiaomi increase sales in Europe despite shrink in the market in 2019 Q1.

(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.

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