Baidu led its video aggregation platform's series B round, which followed a $155m round two years ago.

Tencent reinvested in Kaochong, six months after leading the online study aid provider's $29m series C round.

Tencent-backed cosmetic surgery booking platform SoYoung has collected $70m in a series E round that increased its overall funding to at least $229m.

The iQiyi spinoff, which was formed with Super Sports Media last month, has secured series A funding at a $490m valuation.

Didi Chuxing and Ant Financial are said to be close to reinvesting in Ofo following reports last month they were discussing a $2bn acquisition.

Gumi has returned for a third funding round in virtual talent management firm Activ8.

Baidu has established a new subsidiary to focus on blockchain technologies and supplied $7.3m to the business through another subsidiary, Dinglu Zhongyuan Technology.

FinUp Financial Technology has led a reported $15m series A round for online lender SlicePay.

Alibaba and Sunshine Insurance Group have contributed to a series F round for Souche, which also revealed its acquisition of Iyunche and Breakthrough.