Alibaba Pictures is investing $56.5m for 60% of the Yinhekuyu's shareholding, its sister company Youku already having taken a 20% stake.

Smart recommendation platform developer LiftIgniter has been purchased by Maven after raising $8.3m from investors including NTT Docomo Ventures.

The Unilever and Lenovo-backed grocery delivery service has raised $28m but could reportedly be acquired at a valuation below $15m.

SingTel Innov8 has exited in-app advertising platform developer Pokkt through an acquisition by AdAsia owner AnyMind Group.

Shanghai Jin Jiang and Legend Capital could hypothetically lose out, after a letter from SoftBank raised doubts over an agreed $3bn share tender.

Point-of-sale system developer Bypass Mobile has been acquired for an undisclosed amount having raised at least $3.5m from backers including eBay and AEG.

Streaming service Tubi will be bought by Fox Corporation after raising a total of about $31m from investors including MGM and Lionsgate.

Medison Pharma and Partners Healthcare could be in line for exits after the haematological and musculoskeletal disorder therapy developer filed to raise $86.3m.

Owlcam has been acquired by Xirgo Technologies for an undisclosed sum two years after emerging from stealth, having raised $28m from investors including CSAA.

Wipro Ventures exited email security software developer Emailage, when it was acquired by LexisNexis Risk Solutions. The sizeable deal is part of the wider cybersecurity space which has been popular over recent years.