United, Mitsui, Itochu and GMO-backed e-commerce platform Mercari has priced its initial public offering at the top of its range and will raise up to $1.19bn in Tokyo this month.

Stocard, the developer of a mobile loyalty app backed by Cewe, has secured $20m from investors including Engelhorn.

The Rocket Internet-backed meal ingredients delivery service is planning to raise $53m in an initial public offering on the Australian Securities Exchange.

The round, already backed by Amazon Alexa Fund, has been increased by $36m through an extension that featured AGL Energy.

Stanford-Start X Fund-backed Jetlore has been acquired by Paypal, which will integrate the retail analytics platform into its own marketing and analytics package.

Alibaba has purchased a 10% stake in Babytree that valued the e-commerce platform at $2.2bn.