The online video streaming platform, in which Baidu holds a majority stake, is mulling an early 2018 flotation in the US that could value it at up to $10bn.

GF Securities has added $7.6m to the $3m in series A funding that photo editing platform Fotor raised from Lenovo five years ago.

The internet company has filed for a $1bn initial public offering in the US that will give exits to Tencent, JG Summit Holdings and Uni-President Enterprises.

Lancaster University spinout Relative Insight has received an undisclosed sum from a government-backed investment vehicle for its linguistics-based market research product.

Zhang joined Baidu, where she held a executive director for investment role, in 2015, and will now oversee Chinese internet and technology deals at General Atlantic.

Magic Leap, which closed a $794m Alibaba-led round in 2016, could be in line for more than $500m in a round featuring Singapore state-owned investment firm Temasek.

Sector focus: Media

The digital marketing software producer's only previous funding had been a $1.4m round four years ago that included e-mail marketing company Caloga.