SoftBank Vision Fund is reportedly in talks with Sun Mobility to invest up to $100m in the smart batteries developer.

The fund is expected to invest in 100 autonomous driving startups over the next three years.

Ant Financial has acquired a 30.5% stake in Jiangsu Yonganxing Low Carbon Technology, which will take bike sharing service Youon's business model to smaller cities.

Jennifer Li, CEO of Baidu's corporate venturing arm, has stepped down as the group's chief financial officer, with Herman Yu joining from Weibo to take the role.

Returning investor Tencent chipped in to a round that increased the total raised by the online fresh produce retailer to more than $400m since it was founded in 2014.

Long-term investor Alibaba may buy up to another $150m of shares in Best Logistics in the US in a downsized initial public offering.

Ant Financial and Kunlun Tech are among the investors set to exit as the online lending platform, which has filed to go public in the US.

SoftBank will take a 5% stake in the online insurer, investing up to $550m, in an initial public offering in Hong Kong that could top $1.5bn.