Tencent owns almost half of the social media platform developer, which had revealed its intentions to go public earlier this year.

Human resources software provider Legion and edge cloud services provider Zenlayer each received $50m while Intel is exiting Sedona Systems in a $100m acquisition.

SoftBank Vision Fund has led the digital grocer marketplace’s series D-plus round, which brought its total funding past the $1bn mark.

SoftBank has invested in Beisen through what the latter claims is the largest investment deal to date for a China-based human resources software provider.

Prosus will score an exit today when data analytics platform developer Similarweb floats in the US following $240m in earlier funding.

Susquehanna International Group has participated in a round for the insurance comparison platform developer that will support research and development.

Kyoto University and University of Tokyo both participated in a series B round for the artwork-focused blockchain technology developer.

Bertelsmann helped crypto financial service provider Babel Finance close a $40m series A round while Blind raised $37m from investors including Cisco.

Q&A with Erning Cao, investment director, Evonik Venture Capital

The LTL shipping network operator is reportedly targeting $500m in the listing, which would enable corporates Ping An and Yili to exit.