Online chat service and internet portal Daum Kakao has acquired the venture firm and plans to turn it into its corporate venturing arm.

The venture capital firm has led $15m series B rounds for portable battery charging company Zimi and headphone maker 1More.

NTU spin-out NanoSun snaps up $3.1m deal with Chinese state on water treatment.

Existing backer Intel Capital is reportedly one of the prospective investors in talks with the entertainment streaming company over a $100m funding round.

E-commerce company Snapdeal has acquired a minority stake in logistics company GoJavas for $19.1m, valuing it at more than $95m.

Companies including FarEastTone Telecommunications, UDN Group, Fubon Life, Cathay Life and Phison Electronics have backed the Taiwan-based accelerator.

Used car auction site Uxin, which has now raised $430m in less than a year, plans to use the cash to expand its business-to-customer sales platform.

Imgo.tv, an online television and video streaming subsidiary of media company Hunan Television, has reportedly received $160m from China Mobile.

Gree took part in the round, which boosted the online restaurant and business review service's funding to almost $13m.