Despite the departure of company president Nikesh Akora in June, SoftBank continued to invest big in Asian consumer internet and is set to close its $100bn Vision Fund soon.

Everbright-IDG Industrial Fund has announced its first investment, supplying $72m in funding to mobile commerce platform and IDG Capital portfolio company Daling.

Rakuten and Saudi Telecom led the first close of what ride ordering service Careem hopes will be a $500m round, with existing backer Al Tayyar also participating.

Quanta Computer and HTC have helped provide $30m for Lumus, following an initial $15m from investors including Crystal-Optech.

Saudi Telecom, an investor in the Middle East-based ride ordering service since its 2013 series A round, provided the funding at a $1bn valuation.

Founded in November 2014, PlaySimple previously raised $500,000 in its seed round from IDG Ventures.

Singaporean internet services and gaming unicorn Garena is considering a 2018 flotation that would provide an exit for Tencent.

Next Entertainment, a live video streaming platform curated by livestreaming company Inke and game developer FunPlus, has raised $25m in a series A round.

The online education provider, backed by Daily Mail Group, is winding down operations six months after the departure of founder and CEO Sanjay Purohit.