China Tech Daily Briefing (Jun 26)

1. China Mobile to launch 5G smartphone for less than RMB 2000.

2. Huawei Mate 20X gets the first 5G network license in China.

3. Miniso is reportedly seeking USD 1 billion IPO.

4. Didi's subsidy company Qixin applies for real estate business license.

5. Didi receives more than 80,000 complaints in 2019 Q1, 35% of which were deemed false.

6. Alibaba-backed video website Youku partners with Huawei Video.

7. Xiaomi's investment arm Shunwei invests USD 16 million in digital market platform Zhitongke.

8. Netease’s cross-boarder e-commerce platform Kaola partners with Pizzahut in China.

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