The Tencent and Lenovo-backed online grocery retailer could reportedly raise up to $1bn through a US initial public offering.

The infectious disease drug developer has applied to float in Hong Kong, which will enable the WuXi AppTec-backed 6 Dimensions Capital to exit.

The drug discovery platform developer will support its growth with new funding from investors including SIG and Legend Capital.

The property service platform is set to list in Hong Kong, handing exits to 58.com, Agile, Chinachem, CSC Land, Country Garden, Henderson, NWD, SHKP, Tencent and Times Property.

The Youzu Interactive-backed credit rating services provider has collected $34.8m in a series C2 round led by CDB-CDC Capital.

Existing backer Tencent returned to co-lead a series B1 round sized at tens of millions of dollars for the AI-enhanced logistics service.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The Tencent-backed video game holding group has applied to float in a Korean initial public offering which could value it at about $18bn.

The SoftBank-backed robotic technology developer has secured series B-plus funding two months after US regulators deemed its initial public offering abandoned.

Pegasus Tech Ventures will help the spark plug and ceramic manufacturer back global entrepreneurs working on healthcare, distributed generation and automotive innovation.