The Foxconn and Sina Weibo-backed company, which develops apps that let users edit photos, is targeting up to $1bn in an offering on the Hong Kong stock exchange.

Game livestreaming platform Twitch has bought gamer community, video and information company Curse, which received $30m in funding from Riot Games last year.

Bertelsmann co-led the round, which also featured WWE and Discovery Communications, and which took the sports livestreaming platform's total funding to $32.2m.

Sky and Channel 4 have both invested in broadcasting rights licensing platform The Rights Exchange, operated by holding company Dial Square 86.

Vurb, a contextualised search app that had raised $10m from backers including Tencent, is set to be acquired by Snapchat in a 75-25 stock-cash deal.

Xiamen Information Technology, the SIG-backed creator of women's social media platform Meet You, raised the money as it prepares for an initial public offering.

Foxconn and Tencent joined existing investors SoftBank, Bharti Enterprises and Tiger Global for a series D round that valued the messaging service at $1.4bn.

The game livestreaming platform raised the cash in a round co-led by strategic partner Tencent, the investor that co-led its $100m series B just five months ago.

GuangZhou WinHi-backed mobile game publisher Firefly Games has closed a second funding round, which was led by China Construction Bank.

Film and TV studio STX has signed content distribution agreements with new investors Tencent and PCCW in conjunction with the round, which reportedly values it at $1.5bn.