The e-commerce company is planning to launch the largest IPO ever, putting Yahoo in line to earn $8bn.

Salesforce has launched a $100m fund that will invest in companies developing technology related to its app building platform, while alcoholic drinks producer Diageo is also entering corporate venturing.

IDG Capital participated in the Morningside-led round, which will be used to expand its workforce and sales efforts.

China Investment Corporation makes an undisclosed investment to secure 5.2 million shares.

Incubator and venture firm Rocket Internet is set to reveal its plans for an initial public offering at the same time as one of its portfolio companies, Zalando.

E-commerce company Beibei has raised $24.3m in series A funding from IDG, Banyan Capital and parent company Husor E-Business.

Camera producer 360fly has now raised almost $20m after receiving $17.8m in a series B round featuring the corporate venturing unit of Qualcomm and Voxx International.

E-commerce company Rakuten has acquired portfolio company Slice for an undisclosed amount to get access to data technology for analysis of its users.