The electronics producer has led an $80m round for social content recommendation platform Zuiyou, whose shareholders also include SIG Asia.

Sina Corp has led a $30m series B round for media information and consumer credit provider Shuhe Technology and will collaborate with it on financial products.

Jenny Wu, a managing partner who helped set up Baidu Capital for internet group Baidu in 2016, departed at the end of 2018 to take up a chief investment officer role at New Hope Group.

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

A Reliance Industries subsidiary has agreed to buy the Qualcomm-backed multilingual technology developer in a cash deal worth $28.6m.

RSP Blockchain Fund will make investments in startups raising financing through token issues rather than equity rounds, its first portfolio company being Beam Development.

Delivery Hero is leading a $62.2m investment in Zomato, an online food listings and ordering platform already backed by Ant Financial.

Ola Electric Mobility has spun out of Ola with $56m in funding to focus on the electric vehicle ecosystem.

Intel Capital-backed online pharmacy 1mg is in the process of raising $70m in funding, with International Finance Corporation expected to contribute.

Ant Financial has co-led a $500m series C round for Danke Apartment, which previously collected funding from investors including Bertelsmann and Ucommune.