Alibaba has increased its shareholding to 63%, having already acquired a majority stake in the logistics platform, also backed by Fosun and Intime Retail Group, two years ago.

WPP-backed enterprise content marketing platform developer Percolate has been picked up by Seismic, having previously raised about $107m in funding.

Stine Seed-backed farm equipment automation technology company Smart Ag has been bought by Raven Industries, which plans to integrate the offering with its new automated precision agriculture division.

Screen time limits app developer Zenlabs has been bought by Life360, paving the way for internet browser publisher Otello to exit.

Scout RFP has agreed to a $540m acquisition by its existing shareholder Workday, which will provide exits to Salesforce Ventures and GV.

Sumo Logic has purchased Dell-backed cybersecurity platform provider Jask Labs for an unspecified sum.

TKH Group has picked up Veritas Pension Insurance-backed FocalSpec to enhance its portfolio of precision quality control sensors.

Intel Capital portfolio company Schoology has been picked up by PowerSchool, which will integrate the cloud-based curriculum management software platform with its Unified Classroom service.

Intel Capital, Samsung Catalyst Fund and National Grid Partners are all set to exit the edge computing technology developer in a purchase of undisclosed size.

Salesforce Ventures is set to exit customer engagement platform developer SessionM, which has agreed to a purchase by Mastercard.