Hedge fund Ward Ferry Management is set to invest $7.6m in the daily deals site, a week after it secured $5m from e-commerce company VIPshop.

Online marketplace Lamido will be shut down and absorbed into e-commerce portal Lazada in a bid to consolidate Rocket Internet's Southeast Asian activities.

Alibaba would invest the cash at a valuation of about $5bn, only months after SoftBank invested $627m in Snapdeal at a $1.9bn valuation.

Mobile advertising platform InMobi, which has received more than $200m in funding from SoftBank, would be valued at up to $2bn in the deal.

Al Tayyar and Saudi Telecom were the investors in a series B round that will be used by the chauffeur service to support an expansion into new markets.

Cosmetic surgery chain Pengai Hospital Management is set to go public in Hong Kong after raising $13.6m from investors including IDG.

IDG Ventures has invested an undisclosed sum reportedly sized at several million dollars in the e-commerce company.

Deal Analysis for February

With the slow recovery from the financial crisis and divestiture strategies undertaken by some big players, 2014 was marked by numerous exits by corporate investors in the industrials sector.