Fosun Group and Tal Education provided the funding for the educational software developer, which has reportedly now raised $27m in total.

Gree's corporate venturing unit will exit native advertising technology developer Somewrite, 18 months after taking part in its $1.1m seed round.

Nielsen-backed VC firm Pereg Ventures is set to exit device data provider Crosswise in a $50m deal, eight months after leading its $3m series A round.

Short-haul travel specialist Yaochufa will use the funding, and a partnership with UTour, to expand the range of destinations it offers its Chinese customers.

Shanghai New Culture Media has led a funding round for a Baidu spinout that will focus on original video content, while game developer Dalian Zeus has invested approximately $39m.

The last-mile delivery service will use the proceeds from the Yahoo Japan-backed round to grow its customer service capabilities and expand further into Southeast Asia.

IDG was one of the accommodation rental platform's seed investors, and has come back to co-lead its latest round, which will go to growth and technology development.

The social media company's GVR Fund features Colopl and Mixi as limited partners, and will invest in virtual, augmented and mixed reality technology startups.