Tencent is in talks to invest $150m in Reddit, an online social platform backed by Condé Nast, as part of a series D round that could reach $300m and value it at $3bn.

Glade Brook Capital has invested $39.7m in food listings and ordering platform Zomato, adding to $210m from Ant Financial in October.

PayPal followed an investment in 2017 by participating in a series D round for the cross-border savings platform that will fund geographic expansion.

SoftBank is reportedly considering a Latin American fund that would be sized in the billions of dollars, in addition to leading a $149m round for Brazil-based Gympass.

The corporate formed a partnership with data analysis technology provider Databricks in 2016 and has now invested, as part of a round that valued it at $2.75bn.

EPMG, the owner of Dubai-based real estate listing site Bayut, has increased its series D round to $100m following an investment from Exor subsidiary Exor Seeds.

Recruitment business Andela raised $100m series D round featuring Alphabet

In-car connected technology developer Mogu Zhixing has received $120m in a Tencent-led series A round that included JD.com and Bertelsmann Asia Investments.

SoftBank is reportedly set to lead the next round for GV-backed storage and home removal services provider Clutter, which has targeted $200m to $250m.

SK Holdings has led a series D round for Kinestral Technologies, which will use the capital to expand the manufacturing, sales and installations of its smart glass technology.