Qihoo 360-founded Qi An Xin has filed for an initial public offering on China’s Star Market that will provide exits for Red Star Macalline and China Electronics Corporation.

The JD.com and Walmart-backed company is expected to raise as much as $500m in proceeds when it lists on the Nasdaq Global Select Market.

Hua Insurance is in line for a bigger exit as Qingdao Victall Railway oversubscribes its planned initial public offering to raise as much as $172m in proceeds.

Same-day goods courier marketplace Deliv, whose backers include Google and Westfield, is expected to close after moving its assets and some staff over to Target.

Vroom, the AutoNation-backed used car marketplace that completed a $254m series H round last December, has confidentially filed for an initial public offering scheduled for next month.

Salesforce Ventures' documentation software investment Conga is to merge with Apttus in a bid to further extend its product offering following three acquisitions by the business in 2018.

WeFit and Leflair are among the corporate-backed companies that have shut down amid Covid-19 closures.

Kingsoft’s cloud services subsidiary priced shares at the middle of the range but upsized the offering to raise $510m, with shares soaring 27% on the first day of trading.

Two years after Telstra Ventures led a $43m series D round for Cumulus Networks, Nvidia has agreed to purchase the data centre networking technology provider.

The mobile payment terminal supplier booked $5.8m from its IPO and is now lining up an acquisition to expand its business.