Taiwanese manufacturing partners AmTran and Foxconn will exit the consumer electronics producer in the deal, which LeEco hopes will enhance its business in the US.

Ford Smart Mobility is providing $15m for the Nokia-backed car sharing company's series C round, which also includes Reliance Group's venture capital unit.

The Rocket Internet-founded Global Fashion Group's Indian platform, Jabong, has been bought for $70m, less than two years after reported talks over a $1.2bn acquisition.

Daimler-owned MyTaxi is joining forces with KDDI-backed Hailo to form what they hope will be Europe's market leader in app-based taxi ordering.

Unilever is set to exit social marketing platform developer Olapic, which had raised $21m from backers also including Bonobos and Warby Parker.

Concur exited the online travel community three years after it led a $2.5m round through its Perfect Trip Fund.

Alibaba and Legend Holdings have achieved exits as the chauffeured lift service, spun out of CAR 18 months ago, floated in China.

Oxford spinout Immago Biosystems, which is working on increasing the efficiency of antibody-based cancer therapies, has been acquired by Hansa Medical.

The deal provided an exit to Lookup shareholders including DeNA and MKS, and the startup will continue to develop its local retail-focused messaging platform post-acquisition.

Dollar Shave Club, which last raised funding in a Comcast Ventures-backed round that valued it at $615m, is to be acquired by Unilever for a reported $1bn in cash.