The urban transit app developer has secured $50m in an Intel Capital-led round featuring Hanaco, BMW iVentures and Nokia Growth Partners.

Alibaba invested $857m for a 15% share of the furniture retailer as part of the round, which included Taikang Insurance.

The Qualcomm and American Express-backed consumer engagement platform has raised cash from existing investors including Warburg Pincus and Sequoia Capital.

Orange Digital Ventures, General Electric and Deutsche Telekom all took part as the Ben-Gurion University spinout added to its $7m series A.

Bahrain's sovereign wealth fund is in talks to contribute to the $97.7bn SoftBank-managed fund, according to its chief executive.

Fabrica Fund, a subsidiary of Nan Fung Group, will target the intersection of style and technology with investments ranging from $100,000 to $2m.

Orange Digital Ventures, General Electric and Deutsche Telekom all took part as the endpoint security software developer added to its $7m series A.

Image editing platform Meitu has exited AR selfie and video app Faceu through an acquisition by Toutiao, its third in less than four months.

Uber is said to be in talks to sell its Southeast Asian business to local player Grab in a deal that will give it a sizeable stake in the latter.