Walmart invested in the e-commerce platform at a $20.8bn valuation, allowing SoftBank, Naspers and eBay to achieve billion-dollar returns.

E-commerce marketplace Daraz was launched by Rocket Internet and received funding from the Rocket and Ooreedo-formed Asia Pacific Internet Group.

Koubei and Ant Financial joined asset manager CDH Investments for catering service provider Xiyun International's series A round.

The food and agtech accelerator has accepted an inaugural cohort of eight, with half of the intake focusing on the agtech space.

Companion robot developer Embodied, backed by Intel, Amazon and Sony, has raised $12.4m in a round with a target size of approximately $18.8m.

China-based electronics producer Xiaomi has reportedly filed for an initial public offering at a $100bn valuation in Hong Kong.

SoftBank is set to completely exit Flipkart as part of a deal that will value the company at $20bn, in which Alphabet is now expected to be involved.

Viking Global will take a majority stake in the cosmetics subscription service, once valued at $485m, wiping out other investors including Comcast Ventures.

Yissum, though its investment fund Agrinnovation, has contributed to a seed round for one of its portfolio companies, Future Meat Technologies.