The on-demand car rental startup has revealed it has secured an eight-figure total across three rounds, two being led by subsidiaries of Baidu and Bertelsmann respectively.

SoftBank invested $40m to lead a $61.4m funding round for Grofers that valued it at $300m, increasing its stake in the online grocer to between 35% and 40%.

Alibaba has doubled its investment in the Southeast Asian online marketplace, having accumulated an 83% stake as of June last year.

CreditEase and American Express Ventures participated in a round that took the total raised by the fraud and cyber threat detection platform to $47m.

A Baidu subsidiary will take an 11% stake in Skyworth's smart TV spinout, which also counts Tencent and iQiyi as backers, after buying primary and secondary shares.

Talks between the companies are reportedly at a critical stage and could involve Walmart buying shares from corporate investor SoftBank at a $20bn valuation.

Fosun has led financial data technology startup Taodata's latest round, in which it raised $15.8m, as part of a big data and AI investment strategy.

The personalised news aggregator has raised more than $100m in a Tencent-led round that could reportedly precede an initial public offering.

Baidu is now the widescreen projector maker's largest external shareholder, having returned for a round that follows its initial investment last year.