Bulk food delivery service Boxed Wholesale is in talks with Alibaba to secure approximately $80m.

State-owned debt management firm China Huarong Asset Management raises $2.3bn in its IPO, falling short of its $3bn target.

The Clas-Expara Vietnam accelerator will offer a four month programme during which Microsoft will assist with the development of go-to-market strategies.

Bertelsmann has led a series A round for the peer-to-peer lending platform.

Mirai Creation Investment, a collaboration between Toyota, Sumitomo Mitsui and Sparx, will invest in startups working on advanced automotive technologies.

Singapore Telecommunications-backed Pokkt operates a mobile video advertising service in Southeast Asia and India.

The standardised flat rental platform has obtained a $30m extension from IDG, Ping An and others, adding to the $25m first tranche it secured last year.