Jack Lee, chairman of Taiwan-based CTBC Venture Capital, the venture capital arm of financial conglomerate CTBC Holdings, has handed in his resignation.

Location-based mobile advertising company AdNear has raised $19m in a series B round that featured Telstra Ventures to expand into new markets.

The telecommunications company has bought two Japan-based companies and invested in a further five.

Telephone database DianHua.cn has raised an undisclosed amount of series A funding from investors including mobile device producer Xiaomi.

Cloud computing communications company Gotye has raised an undisclosed amount of series A funding from the corporate venturing arm of Intel.

The Fosun-backed snack food retailer is set to issue 90 million shares in a Chinese initial public offering, three years after raising $42m.

Tencent Holdings has made the largest single investment in China's Internet healthcare sector, investing more than $100m in online medical service provider GuaHao.com.

Legend-backed fashioner designer and retailer Chapelle Fashion has raised $219m in an IPO that featured $50m in corporate investment.

William Bao Bean, previously managing director of the corporate venturing subsidiary of SingTel, has joined venture capital firm SOS Ventures.