Xiaomi, Tencent, Wanda and Fosun all contributed to a round reportedly raised at a valuation of more than $4bn.

Qualcomm has invested in app-based shopping platform Tapingo to help it move out of the college campus market and into local commerce.

Media company Torstar and vacation website HomeAway have invested in CanadaStays to allow its users to reach a larger potential rental market through the HomeAway website.

Hubert Burda-backed homemade and vintage goods marketplace Etsy has announced its IPO pricing at $14 to $16 a share.

The Naspers-backed e-commerce company closed a $700m series H round in December 2014 when it increased its total funding to $2.4bn.

The online arts platform has now raised more than $50m in funding since it was founded from investors including IDG Capital Partners.

The Ctrip and Homeaway-backed online room booking service plans to more than double its total funding with a series D round that could raise more than $200m.