The online education platform, which counts Baidu and Wanxin as investors, plans to float in Hong Kong.

Nvidia, Topcon, Daikin, Musashi Seimitsu Industry and Japan Post Capital all contributed to the $38.3m round as new investors.

Legend Capital led an $87.5m round for Aikucun, which helps fashion brands offload excess inventory to online retailers.

JD.com has provided about $15m in funding for cloud services provider BoCloud through its JCloud and JD Finance subsidiaries.

Cybersecurity software developer Preempt raised $17.5m in a round backed by Intel Capital, taking its funding to $27.5m altogether.

Retail data analytics provider Trax increased its overall funding to $235m in a DC Thompson-backed round that valued it at almost $1bn.

Trucking services platform Manbang Group put up the series A cash as part of a strategic partnership with the automotive services provider.

Tepco Ventures will take the place of the power producer's New Business Task Force and will focus on incubating new companies.

Tasly Pharmaceuticals contributed to a series C round for the immunotherapy developer, a year after backing its $150m series B.