Tencent has joined a series C round for the bicycle sharing startup sized at more than $100m which, reportedly, included Bertelsmann Asia Investments.

Smart parking app developer ETCP has followed a $50m BitAuto-backed series A round with a huge series B led by Wanda subsidiary and strategic partner Ffan.

Hotel chain Jin Jiang was among the investors that added $260m to the $430m raised by the workspace provider, now valued at $16.9bn, in March.

SoftBank is committing $25bn to its SoftBank Vision Fund, with up to $45bn to come from Saudi Arabia's sovereign wealth fund and up to $30bn from additional backers.

Singtel has revealed the seven startups to take part in its Future Makers incubator following a pitch competition between 12 finalists.

Xchange Leasing India, a vehicle leasing spinout of Uber, has received $30m from its parent company, taking its 2016 funding to $36m.

Jinyun Electrical has co-led a series A round for 5Lmeet, which hopes to operate co-working, co-living and other sharing spaces.

Baidu has set up a new unit to invest in mid to late-stage startups, following a range of initiatives last month including the $200m Baidu Venture corporate venturing division.

The state-owned oil and gas company has launched a $7.5m investment vehicle, while IndianOil is putting $4.5m into its own unit.