The clothes e-commerce company aims to welcome 15 to 20 local startups to its new program as it also seeks more international brands for its marketplace.

Microsoft, Tencent, eBay, PayPal and Alphabet are reportedly in talks with the e-commerce firm for a round that would value it at up to $12bn.

Shea Ventures has made its second investment in the organic meal delivery service, which has now raised more than $43m altogether.

Media company Bennett, Coleman & Co has supplied $38.8m in capital and advertising to the e-commerce firm, which is reportedly raising up to $1bn in new funding.

Sky and Hearst are among the investors in Caavo, the developer of a device that integrates all of a user's entertainment hardware and software.

Comcast's CVC unit has led a $15m series A round for lunch subscription service MealPal, announced as it expands from the US into London.

Companion robot developer Intuition Robotics has now raised $6m in total, adding robotics technology provider iRobot to an investor base already including Bloomberg.

The Vietnam-based e-commerce platform, which counts Cyberagent, VNG and Sumitomo as investors, is reportedly raising between $50m and $60m for its series D round.