Nov 17 – Chinaccelerator Daily Digest: Five Headlines you need to know 


1. Hesai Technology, a 3D-sensors (LiDAR) manufacturer completes a round of financing exceeding $370 million from investors including Xiaomi. Pandaily

2. Tencent acquires Japanese game developer Wake Up Interactive, a developer of several Nintendo Switch hit games. DealStreetAsia

3. Alibaba Cloud bolsters Asia-Pacific footprint, sets up cloud data centers in South Korea and Thailand. Pandaily

4. Edtech giant Gaotu will cease offering K-9 curriculum tutoring services in mainland Chinese by the end of this year. Gaotu press release

5. E-commerce giants show shift towards sustainability on Singles’ Day. Alibaba and highlighted their efforts toward sustainability and “social responsibility actions.” KrAsia

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