Youku Tudou-backed online radio platform Qingting has secured $151m in a series E round provided by a group of unnamed investors.

The e-commerce firm is set to invest $798m in logistics platform Cainiao, taking its stake from 47% to 51% and valuing it at approximately $20bn.

The online video streaming platform, in which Baidu holds a majority stake, is mulling an early 2018 flotation in the US that could value it at up to $10bn.

IdeaRefinery, which will not invest directly in the startups but will provide support, office space and executive mentorship, is supported by National University of Singapore.

IdeaRefinery will not invest directly in the startups but will provide support, office space and executive mentorship.

GF Securities has added $7.6m to the $3m in series A funding that photo editing platform Fotor raised from Lenovo five years ago.

The neurological disorder drug developer has secured $20m in a series B round backed by existing investors Johnson and Johnson and WuXi AppTec.

Legend Capital co-led the pharmaceutical and chemical research service provider's series B round, which also featured Dianjing Shijie.