
Kuaishou has acquired AcFun, which was reported earlier this year to have wound down but had in fact experienced a major server crash.
Dataminr has secured fresh investment three years after Fidelity and Credit Suisse backed a $130m series D round.
Hironao Kunimitsu, founder and CEO of Gumi, and Miko Matsumura, founder of virtual currency exchange Evercoin, are leading Gumi Cryptos.
NetEase has acquired a minority stake in Bungie, the creator of game franchises Halo and Destiny, which was purchased by Microsoft in 2000 but was spun out seven years later.
3P Learning held a 40% stake in Learnosity after having most recently invested $13.9m in 2016, but has now sold it to Battery Ventures.
Snap's accelerator, Yellow, will invest $150,000 into 10 different creators or startups in return for an equity stake of undisclosed sized.
Speaking at the GCV Symposium, Scott Caruso, director of strategic ventures at UpRamp, said that latency, infrastructure and content will be key VC drivers for the media sector.
The ProSiebenSat.1-backed sport content publishing platform has raised series F capital, boosting its total funding to $77m.