Digital media company and journalism organisation Civil plan to help launch 100 Asia-based media startups in the next three years.

Temasek has bought a sub-10% stake in Tencent, SoftBank and Didi Chuxing-backed ride hailing platform Ola in a secondary transaction.

The trucking services provider, which counts Alphabet, Tencent and SoftBank among its backers, is pursuing a $10bn valuation.

Walmart put up $320m of the cash for grocery delivery service Dada-JD Daojia while the rest came from another existing investor, JD.com.

Naspers invested the first $150m of the cash this summer, it revealed, and has pledged another $350m to bring the e-commerce platform's total funding to $975m.

The accounting software developer added Line, Mitsubishi UFJ and Life Card to a roster of shareholders that already included Salesforce, Sharp, Recruit and SBI.

IDG Capital and Huiying Borun have invested in Xinai Sport Media Technology, a joint venture launched by iQiyi and Super Sports Media this week.

Retail analytics technology developer Tianrang has picked up $26m in series A funding from a consortium that included fintech producer Wacai.

The SIG-backed online media company is reportedly seeking a $70bn to $75bn valuation on the way to a 2019 initial public offering.

Faisal Rehman has become the latest ex-Deutsche Bank executive to join SoftBank Vision Fund, where he will head Middle Eastern investments.