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.

Ant Financial and Nikkei-backed 36Kr has raised just a fifth of its original IPO target and shares took another 10% hit on the first day of trading.

Citi and Alphabet-backed real estate portal HomeLight raised $63m in a series C round and an additional $46m in debt financing. The deal is part of the burgeoning real estate tech space, which has seen much corporate attention in recent years.

Each Friday, the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Wrench operates a mobile vehicle repair service and has added $20m to its coffers thanks to commitment from the likes of Marubeni.

Freee has submitted paperwork for approval to list on the TSE Mothers Market next month, potentially offering exits to more than half a dozen corporates such as Line and Sharp.

Indian Angel Network has achieved a final close of $53m for its inaugural fund thanks to limited partners including Hyundai, Max Group, India Infoline and Yes Bank.

Citi and GV-backed real estate platform HomeLight has collected $63m in a series C round and an additional $46m in debt financing.

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

Southern Publishing and Media and Cheetah Mobile have contributed to a $57m series C round for edtech developer Codemao.