Hedge fund Ward Ferry Management is set to invest $7.6m in the daily deals site, a week after it secured $5m from e-commerce company VIPshop.

In the wake of a series of acquisitions, the online food delivery service raised $110m in its latest round, increasing its total funding to approximately $218m.

Online marketplace Lamido will be shut down and absorbed into e-commerce portal Lazada in a bid to consolidate Rocket Internet's Southeast Asian activities.

The corporate-backed venture firm has upped its stake in Delivery hero to 39% and has contributed to a $110m round raised by FoodPanda.

Alibaba would invest the cash at a valuation of about $5bn, only months after SoftBank invested $627m in Snapdeal at a $1.9bn valuation.

The bank-backed Business Growth Fund has invested in the UK-based menswear brand, taking a minority stake of undisclosed size in the company.

IDG Ventures has invested an undisclosed sum reportedly sized at several million dollars in the e-commerce company.

Google Ventures has participated in a $2m seed round for e-commerce aggregation app HeartThis, which combines more than 330 retailers in a single place.

Deal Analysis for February

With the slow recovery from the financial crisis and divestiture strategies undertaken by some big players, 2014 was marked by numerous exits by corporate investors in the industrials sector.