The Tencent-backed online services provider floated above its range, showing the promise in Southeast Asia for Chinese internet companies.

Leyou Technologies paid $10m for a 20% stake in game studio Certain Affinity and has an option to acquire it for up to $150m in 2021.

Story-based content platform Wattpad is close to raising almost $50m in a round that will include about $40m from Tencent.

The media company has announced a $55m fund called GMG Ventures that will invest in startups developing media technologies.

Online television platform Pluto TV has raised $8.3m, $5m of which was provided by Samsung Venture Investment Corporation.

Magic Leap has confirmed a series D round featuring Grupo Globo, Alibaba and Google that took its overall funding to about $1.9bn.

The video streaming service, majority-owned by Baidu, has hired three banks to manage its initial public offering expected to take place in the first half of 2018.

The podcasting platform, which uses natural language processing to power in-audio search, has raised $12.8m in series A funding from investors including SIG China.