Dec 1 – Chinaccelerator Daily Digest: Five Headlines you need to know 


1. ByteDance invests $10 million in iMile Delivery, a Dubai-based logistics company focusing on the market along with the Belt and Road Initiative. Pandaily

2. China’s Abogen Biosciences, whose medicines cater to areas of cancer and infectious diseases, raises $300 million. DealStreetAsia

3. Shengqu Games signs three-year distribution agreement with Tencent. Shengqu Games will now be able to distribute, promote and operate Tencent’s game products on its platform. Pandaily

4. Tencent unveils internet data center (IDC) operation robot. It is currently in trial operation in the Qingyuan Cloud Computing Data Center and will be applied in several IDCs of Tencent in the future. China Money Network

5. Lightspeed China raises $920m after closing two funds. Green tech will remain one of the key investment areas for the new funds. Tech in Asia

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