KDDI, Mitsubishi UFJ, Itochu and Sumitomo Mitsui Banking Corporation all scored exits after enterprise software developer Smartcamp was bought by Money Forward.

Sector report: Fintech

We Company will divest from The Wing, for which it had led a $32m series B round in 2017 and backed a $75m series C, and will also look to sell Meetup.

CyberAgent-founded crowdfunding platform has applied for an initial public offering on the TSE Mothers Market that it expects will fetch it a $155m valuation.

Alibaba has increased its shareholding to 63%, having already acquired a majority stake in the logistics platform, also backed by Fosun and Intime Retail Group, two years ago.

Ant Financial and Nikkei-backed 36Kr has raised just a fifth of its original IPO target and shares took another 10% hit on the first day of trading.

Tiger Global Management sold a 10% stake to Tencent in a deal that valued PolicyBazaar owner ETechAces, whose backers include InfoEdge and SoftBank, at $1.5bn.

WPP-backed enterprise content marketing platform developer Percolate has been picked up by Seismic, having previously raised about $107m in funding.

Stine Seed-backed farm equipment automation technology company Smart Ag has been bought by Raven Industries, which plans to integrate the offering with its new automated precision agriculture division.

Screen time limits app developer Zenlabs has been bought by Life360, paving the way for internet browser publisher Otello to exit.