Mercari, whose corporate backers include Mitsui, Itochu, United and GMO, has set its sights on a Tokyo initial public offering that would value it at more than $1.8bn.

Kinzon Capital led the artificial intelligence technology startup's $25.7m angel round, raised just two months after it was founded.

Xiaomi invested $5.8m in social networking app developer ShareChat as part of an $18.2m round that took the startup's overall funding to almost $24m.

Salesforce Ventures has contributed to a $12m second tranche of the supply chain software provider's latest round, which already included Coca-Cola.<br />

Google, Meituan-Dianping and Temasek have joined a $1.2bn round for Go-Jek that incudes investments by JD.com and Tencent last year.

The corporate-backed cancer drug developer is reportedly valued at $1bn and is eyeing an initial public offering that could raise up to $200m.

Automated convenience store operator BingoBox will use the proceeds from the Fosun-led series B round for expansion and technology development.

SIG Asia was among the investors as enterprise device authentification technology provider Trusfort raised $18.6m.

JD.com has become one of the largest shareholders in e-commerce platform Tiki following a round reportedly at least $44m in size.

The Geely-backed, electric vehicle-equipped ride hailing platform has closed its series A round at a valuation of more than $1.5bn.