Parent company Kingsoft invested $150m to retain a majority stake in its cloud services spinout, which has now raised about $500m in total.

Fosun RZ Capital has participated in a nine-figure renminbi round for gym operator Supermonkey, having been an investor since its series A round.

Alibaba is reportedly set to invest $200m in the online grocery retailer at an $800m valuation as part of a $280m funding round.

Samsung and ABB have contributed to a $20m round for smart vision product developer Vion Technology, which will use the cash for hiring and product development.

The vehicle will support small-scale experiments and prototypes and give researchers linked with both institutions the opportunity to exchange ideas.

Spotify and Tencent-owned music streaming service TME have taken equity stakes in each other as they reportedly each prepare for an IPO.

Shimao Property, Nan Fung and Shui On Land have contributed to a $17.9m series B round for property storage provider Boxful.

Existing investor Alibaba has participated in a round that valued the rapidly expanding bike hire service at $3bn.