Bluegogo is handing over its bicycle sharing operations to rival Biker, having halted rentals amid a growing consumer backlash.

Corporate-backed Kamcord is to sunset its livestreaming and social media apps as 12 members of its team join Lyft, having previously raised $35m.

Five companies backed by internet company Tencent raised large amounts in their initial public offerings (IPOs) over the past few months. It appears to be a bout of IPO exits that may not ended yet.

Media groups Time Warner and Tribune Media have exited Mashable, the digital media brand valued at $250m just 18 months ago.

Bertelsmann and JD.com-backed LexinFintech, which runs lending and e-commerce marketplace Fenqile, will float in the US.

Barracuda Networks has bought Amazon and Webroot-backed cloud archiving software developer Sonian for an undisclosed sum.

Entera Bio, a large-molecule drug spinout of DNA Biomedical Solutions, intends to raise up to $50m when it goes public.

The China-based, SIG-backed online lender floated below its range in the US and is currently hovering just above the IPO price.