Baidu led the children's fiction provider's series C round, investing alongside fellow corporates New Oriental Education & Technology and TAL Education.

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

ZhongAn invested $145m into its fintech-focused unit as part of a $285m funding round that also featured Sinolink Worldwide.

BTG's International Asia unit contributed $11m to $16.8m series B round, taking a 10% stake in the medical isotopes developer.

TR Ignite will target Asia Pacific-based legal and regulatory technology startups, investing up to $250,000 in each successful applicant.

Didi Chuxing is seeking up to $2bn from investors at a flat valuation, which was a reported $56bn when the company last raised capital in July 2018.

Tencent-backed Douyu has successfully listed on Nasdaq after completing a $775m initial public offering that came after economic tensions forced a delay earlier this year.

The online retailer has added eBay to its shareholders after the online auction platform purchased a 5.5% stake in return for a reported $150m to $200m investment.

8x8 has acquired cloud-based communications technology provider Wavecell in a $125m cash and stock deal, allowing Telkom Indonesia's MDI Ventures to exit.

CAS-founded industrial automation spinout VIPioneers has added $14.5m to an angel sum of undisclosed size it received from CAS’s Cash Capital two years ago