Wag has agreed to buy back almost 50% of its shares from SoftBank, who invested $300m last year but which is selling at a loss.

Fosun is in line for an exit after chemicals trading platform Molbase filed for an initial public offering in the US with a target size of $70m.

Hiscox is set to exit digital insurance processing platform Indio Technologies in an acquisition by Applied Systems that follows $28m in venture funding.

Sweetome has acquired corporate-backed short-term accommodation platforms City Home and iYoujia, with Tencent, Alibaba, Tujia and Trip.com scoring exits.

Gree-backed Streem has been bought by Frontdoor, which will integrate its augmented reality-based remote home services technology into its own offering.

The number of acquisitions of companies that have received corporate backing had been decreasing over the past few years but by the end of October this year it registered a rebound.

Rogue Venture Partners-backed Streem has been bought by Frontdoor, which has plans for its augmented reality-based remote home services technology.

The Alphabet unit has bought shares in the data management platform from Serena Capital at a reported valuation of $1.4bn.

Liberty Media, Centrica and Ofer Global have exited cybersecurity technology producer Indegy in a $78m purchase by Tenable.

SoftBank, Tencent, Didi Chuxing, Hyundai and Kia could be in line for exits as on-demand ride provider Ola starts setting the ground to go public.