The SoftBank-backed ride sharing company has now raised $740m in under two years, and will use the cash to fund an expansion push in Southeast Asia.

Existing investor Corning returned to take part in a round that increased the high-tech glass producer's total funding to about $510m.

The instalment buying company has now raised $400m in only eight months, adding Ant Financial to an investor base that already includes mobile game publisher Kunlun.

The round is the fifth to be raised by the Kunlun-backed instalment buying platform since its launch early last year.

Sapphire Ventures has led the $27m equity portion of the round, while Silicon Valley Bank provided the media analysis platform with an additional $40m in debt.

Microsoft and Times Group both invested in the round, which values Uber at $51bn and which was announced just after its plans to invest $1bn in Indian growth.

International corporates Alibaba, SoftBank and Foxconn have strengthened their respective presences in India by investing in the e-commerce firm, which aims to diversify its offering as it grows.

The cloud communication platform increased its overall funding to more than $240m in a round backed by Amazon and Salesforce.

The Naspers and IDG-backed e-commerce company has now raised more than $3.1bn, after closing a Tiger Global and Steadview-backed round.

Small business loans platform Kabbage, which also counts SoftBank as a backer, is targeting $150m in the UPS-backed series E round.