Fablic, the maker of flea market app Fril, has raised $9.2m from investors including online recipe provider Cookpad and game developer Colopl.

Tencent, which invested $736m in the publicly-listed online classified ad company in June, increased its share from 20% to 24% through the deal.

Tencent and CyberAgent both recorded hefty exits as online messaging service Kakao joined forces with internet portal Daum in a reverse merger.

Japanese pop culture website Tokyo Otaku Mode, which is backed by YJ Capital, has raised $13.7m in funding in a three-year deal from Cool Japan Fund.

Short-video app MiaoPai has raised $50m in a Sina-backed series C round, bringing the total raised by the company to more than $75m.

Intel invests $1.5bn for a 20% stake in Spreadtrum Communications and RDA Microelectronics.

Personal finance app Tongbanjie has raised nearly $50m in series B funding from backers including IDG and Legend Holdings.

Digital media firm Ardent Capital, already backed by Siemer & Associates, GMO and Recruit, has raised $12.5m from Sinar Mas to expand its e-commerce model into Indonesia.

Internet company Baidu has launched a personal investment vehicle for small investors to fund films and television programmes.