Online payment service Qiandaibao has received funding from a range of investors including IDG Capital and copper supplier Jiangxi Copper.

The semiconductor maker is set to invest $49m in the fund, which will support semiconductor technology companies operating in the Chinese market.

The media company took a 25% stake in online property listings site PropTiger, leading a $37m series B round that took its funding to $42m.

Chip designer MediaTek backs Chinese government microchip fund.

The conglomerate aims to double the number of cleantech businesses in its corporate venturing portfolio to six by the end of next year.

Rakuten has formed a strategic partnership with the mobile advertising platform, becoming its first external investor in the process.

Amazon is in talks with Rocket Internet-backed Jabong over an acquisition that would value it at between $1.1bn and $1.2bn.

Existing backer Naspers invested $50m to $100m in the company's latest round, which raised up to $600m - its third nine-figure round this year.

IDG reinvested in the online recruitment company, as it took its funding to $30m in just over six months.

Gildata, a subsidiary of financial software company Hundsun, has secured funding from backers including Shanghai Media and Ant Financial.