Chain, which has raised $43m from investors including Visa, Orange, Nasdaq, Fiserv, Capital One and Citi, could be acquired for $500m in cash and tokens.

Online advertising platform AppNexus is in talks with AT&T over a deal that would follow more than $340m of funding from backers such as WPP, Microsoft, News Corp and Deutsche Telekom.

Qualcomm, China Mobile and SF Express are among seven cornerstone investors that will buy 10% of the shares in the Hong Kong offering.

Indoor location software provider July Systems, which has received funding from Intel, Acer and Motorola, is set to be bought by Cisco.

Paytm has paid an undisclosed amount for the AI technology developer, which raised $7.7m in a Flipkart-backed round in 2015.

The Salesforce and WPP-backed business data platform has set the range for an offering that would raise $202m at the top of its range.

Rocket Internet remains the largest investor in the home products marketplace, which has floated in a $174m initial public offering.

The surprising acquisition comes less than a month after the company had filed for a $100m initial public offering.

Uxin has set its pricing range at $10.50 to $12.50 per American Depositary Share, with Baidu, Legend Holdings and Tencent all in line to exit the used vehicle marketplace.