E-commerce platform Shopback has received $25m in a round led by the payment services provider that included Intouch, SoftBank and SingTel.

The Tencent and Sohu-backed search engine operator will go public in the US today, floating at the top of its range.

Autonomous electric car developer Nio has raised more than $1bn in a Tencent-led round that valued it at about $5bn.

SoftBank revealed the enlarged size of its Vision Fund in its quarterly earnings report, with the additional $4.5bn coming directly from the corporate.

Taikang Insurance’s Industry Development Fund has backed a series B round for cancer therapy developer EOC, which was spun off from Eddingpharm.

The e-commerce marketplace has sold an undisclosed stake to media group Bennett, Coleman and Company in a $15m ad-for-equity deal.

Softbank has backed the online health portal in a $7m series B round that will fund expansion into new markets in Southeast Asia.

The home services marketplace was backed by Susquehanna International Group in a round that will support expansion into new markets.

Consumer credit platform Kissht has secured $10m from a consortium including Fosun to fund expansion in India and improve its data science capabilities.