HD Biosciences, a contract drug research services provider backed by Pfizer and Eli Lilly, has been acquired by WuXi AppTec for an undisclosed sum.

Industrial park Beijing E-Town Biomedical Park has invested in Mabworks Biotech, which is working on antibody drugs for cancer and Ebola.

Alibaba and Ant Financial's local services venture has raised funding at a reported $8bn valuation, from investors including Silver Lake, CDH Investments, iPrimavera Capital and Yunfeng Capital.

Data storage technology provider NetApp has launched an accelerator called Escape Velocity that could reportedly be equipped with up to $150m in capital.

The Beenos-backed online payment services provider expanded from Turkey into Iran in 2016 and will use the series C funding to move into new markets.

The educational answer provider has now raised a total of $155m since 2014, securing $100m in a series C round featuring Wanxin Media.

International Finance Corporation is lining up an investment of up to $10m in Flipkart-backed business-to-business logistics services provider BlackBuck.

Mobile internet company NewBornTown has led livestreaming app developer Kitty Live's $21m series A round, and will help the startup with global expansion.

The online produce retailer has closed a round co-led by Lenovo Capital and Incubator Group that included existing investor Tencent.

Joshua Agusta had joined MDI Ventures in 2015 as an investment associate before being promoted last year to be head of its Indigo incubator?.