Verizon Ventures has contributed to a $12m series A round that Optibus will use to further develop its transport optimisation technology.

The property developer paid $58m for a 35% stake in Standard International and co-led Hostmaker's $15m series B round as part of six deals.

Cheetah Mobile and Legend Capital are among the investors exiting music-based social media app Musical.ly in a purchase by Bytedance.

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.