Mineral makeup company Colorescience has been acquired by skincare company SkinMedica, backed by GlaxoSmithKline's corporate venturing unit.

Intel Capital-backed India-based travel company Yatra has reportedly acquired BuzzInTown, an Indian events listings business also backed by the US chipmaker's corporate venturing unit.

Yum had previously taken a minority stake in Little Sheep from private equity firm 3i.

Potential partners include Meituan.com, Manzuo.com and Gaopeng.com and Alibaba said it would work with venture capital funds to provide RMB1.2bn ($200m) in loans to small vendors that sell their products through the platform.

Gibson will acquire a majority of Onkyo USA (Onkyo's exclusive distributor for North America and a distributor for Central and South America) and become the second largest shareholder in Onkyo itself.

In June 2008, PeaceSoft partnered with the US firm to create eBay.vn, the only site which allows Vietnamese to buy and sell merchandise overseas by interacting directly with the 225 million eBay users worldwide

IDG-Accel, the China-based joint venture between US publisher International Data Group and venture capital firm Accel Partners, and Qiming Ventures, a local VC firm, have invested $50m.

Alongside Comcast Ventures in the $6m series B round were venture capital firms Interwest Partners and Blumberg Capital, and angel investor Raymond Tonsing.

Yahoo shares rose 6% on the Nasdaq stock exchange after the New York Times said the internet company was aiming to cut its Alibaba stake to 15% from 43%.