58.com could exit when Tubatu, a marketplace for home renovation contractors, lists on the Hong Kong Stock Exchange.

Tencent-backed smart vehicle developer Nio has set its pricing range at $6.25 to $8.25 and stands to raise $1.32bn if it floats at the top of its range.

Shansong Express has added $60m to its coffers following a series D1 round that featured return investors Hearst and SIG.

ZestMoney added a $13.4m second tranche led by Xiaomi to a round including PayU that now stands at $19.9m.

The investment holding company has made an investment in Paytm owner One97 Communications reportedly sized at up to $356m.

Legend Capital and Shell China backed a series C round for industrial e-commerce platform Zhenkunhang, which raised a total of $85m last year.

Meituan Dianping's forthcoming initial public offering, which is expected to be $4bn in size, will feature Tencent as a cornerstone investor.