The Qihoo 360-backed electric vehicle developer is set to close a $474m round in May this year, according to its founder and CEO.

The beauty retailer added $11.2m to a round now sized at $25.5m, on the heels of 2016 investments from Max Group and TCL.

ICI Ishii Sports led a $10.9m round for the mountaineering community app developer that also featured Morinaga and Company, Japan Asia Group, SRL and several banks.

SoftBank is planning to shift its stakes in Uber, Ola, 99, Grab and Didi Chuxing to its Vision Fund, adding more than $20bn of investments to its portfolio.

Alibaba and CyberAgent-backed online education platform iTutorGroup aims to secure up to $300m in a round that would double its valuation to about $2bn.

The on-demand ride provider, which is backed by a host of corporates, could float as soon as this year with a valuation of $70bn to $80bn.

The car sharing initiative received the funding from investors including Legend Capital across two rounds that will soon be joined by a third.

James Mawson, editor in chief, explores Alibaba and Tencent's different approaches to managing portfolio companies

Amazon has supplied $22m to help the business lending platform boost its latest round to $67m and its overall funding to almost $110m.