The mother-targeted social networking app secured the money in a VIPShop-backed round that increased its overall funding to $30m.

Wanxue, already backed by conglomerate Legend Capital, has raised an undisclosed amount from Baidu in its series C round.

Intel Capital made a second investment in the cloud storage platform, which will invest the cash in boosting its sales and marketing efforts.

Seminconductor maker Mediatek has invested alongside venture firm KPCB in a series A round for HiWiFi, which will invest the money in strengthening its technology.

The online used car retailer is the third China-based used car seller to pick up venture funding in the past year.

Software company Longmaster has acquired the online healthcare portal in a $105m deal that has allowed IDG Capital Partners to exit.

Tiange Group, backed by IDG and Sina, aims to raise $207.7m in its forthcoming IPO, down from the $300m target the company set in February.

The Tencent and Legend-backed company, which claims to be China's largest mobile game publisher, will earmark some of the proceeds for acquisitions.

Japan-based Star Festival has received $27.4m from one of the country's largest office supply mail-order companies as part of a partnership agreement.

TranServ, which offers pre-paid payment products and solutions to banks, corporates and other institutions, has raised an undisclosed sum in its latest round.