GV and Forerunner Ventures have co-led a round for video-focused mobile platform Packagd, which was announced as it launched out of stealth.

Nanshan Capital has participated in a series B round for online ticket marketplace Ferris Wheel Ticketing that will support hiring, marketing and product development.

The marketing transaction platform has closed a round featuring media group Time, having previously secured $15m in a first tranche in February 2017.

OwnLocal has acquired Wanderful Media, an advertising technology developer that had raised a total of more than $50m from 12 media companies.

The smartphone developer, which is backed by Tencent and Foxconn, has raised $300m from undisclosed investors at a valuation of between $900m and $1bn.

Legend Capital's seventh Chinese fund reportedly hit its hard cap of $400m in April, but appears to have added another $48m since then.

Great Hill Partners supplied the cash for the Novel Group-backed luxury items consignment marketplace, taking its funding to $173m since 2011.

Tencent has made a strategic investment in Coocaa in exchange for a 7.7% stake, valuing the smart TV producer at $590m.