Group buying service Xingsheng Youxuan raised the money at a $5bn valuation and has reportedly secured upwards of $1.8bn in the past 18 months.

The fitness class provider roughly doubled its valuation to $2bn in a round led by SoftBank Vision Fund that included Bertelsmann Asia Investments and Tencent.

Tencent participated in the HR management software provider's series D round, which was disclosed together with $50.5m in series C funding.

The furniture-focused e-commerce platform secured the funding in a round co-led by SoftBank as it looks to expand its physical footprint and launch own-brand products.

The Cisco-affiliated asset managment firm is now the largest external investor in fixed-wireless broadband service WeLink.

Alibaba-affiliated Bow Wave Capital Management has invested $175m in the financial services provider, a joint venture by Globe Telecom, Ant Group and Ayala.

The endocrine disease drug developer completed a series B round that included $125m from former parent company Ascendis.

Artificial intelligence processor developer Horizon Robotics added $400m in series C2 funding to the $150m it raised last month.

Partners Healthcare-backed precision oncology drug developer Scorpion has now raised a total of $270m in funding in the past year.

Fabrics trading platform developer Baibu has closed a series C-plus round led by GLP subsidiary Hidden Capital and has now raised $540m inside three years.