The Ebay and Nokia-backed classified listings service has already raised almost $200m, but could use the imminent funding to make acquisitions.

Tencent has reportedly paid up to $500m in a deal that will involve it taking a 20% stake in the local restaurant listings and review website.

The China-based car sharing platform has increased its series A round to $20m after a $10m investment by automotive information provider Bitauto.

Real-estate company WorldUnion is set to take a 15% stake in the online property listings platform after leading a $67m series A round.

Interior decoration marketplace To8to has closed a huge series C round, $34m of which was provided by e-commerce company 58.com.

Car manufacturer SAIC Motor and internet company Alibaba are set to invest $160m in a connected car venture that will be opened to other investors in future.

The car and taxi marketplace will reportedly raise the cash from investor including SoftBank, the telecommunications firm it received $210m from late last year.

The mobile advertising network has received another $5m from SoftBank, which invested $200m in the company in 2011.

The Tencent-backed restaurant and services reviews site is set to close an $850m round, just over a year after it raised funding at a reported $2.5bn valuation.