Used car e-commerce platform Carsome has secured $19m in a series B round led by Burda Principal Investments that will fund growth in Southeast Asia.

Alibaba has led a $866m debt and equity round for bicycle rental service Ofo having reportedly bought $3bn of stock in January.

Cofco and China International Capital are in talks to lead a round that would value JD.com's financial services spinout at up to $30bn.

The corporate could bring its $97.7bn Vision Fund and Fortress Investment asset management activities under an umbrella called SoftBank Financial Services.

Bytedance has reportedly led the online education provider's series E round, bringing its overall funding to more than $335m.

SIG Asia contributed to an $11m round for the hotel booking portal, boosting its overall financing to more than $18m.

State Street Corporation has invested $38.5m in Bertelsmann-backed e-commerce platform Pepperfry, taking its total funding to almost $200m.

Existing investor Hearst Ventures returned to back the home design platform's latest round at a $600m post-money valuation.