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


1. 350 unmanned vehicles of Alibaba’s Cainiao to be stationed in 200 universities during Double 11, catering to the anticipated demand in colleges and universities. Pandaily

2. J&T Express acquires Best Inc.’s express delivery business in China for $1.1 billion, not inclusive of BEST’s other businesses, namely, supply chain management, freight, ucargo and global. Pandaily

3. New Chinese launch firm Rocket Pi signs deals for reusable rocket engines, hinting at China’s efforts to establish a “space economic zone.” SpaceNews

4. Meituan to build charging network for electric bikes. The move will meet rising demand for electric vehicle charging services. KrAsia

5. Product design platform Lanhu joins unicorn club with GGV-led $157M round. DealStreetAsia 

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