The Bloomberg and Novel Group-backed online education provider is reportedly close to closing a round that will take its total funding to $126m.
The online education services provider has raised an undisclosed amount of funding at a $1.1bn valuation, adding Legend Capital to its shareholders.
The China Resources Enterprise-backed CRE Alliance has paid $40m for a minority stake in the online tutoring service.
The online tutoring platform, which raised $200m in a Tencent-backed round last August, plans to double its valuation in its latest round.
Printing services provider Raksul, which has raised more than $68m from backers including Gree, Opt, GMO, Itochu, Plus, Mixi, Yahoo Japan and Nippon Life, will list in Tokyo.
SF Express made a strategic investment in the freight logistics platform, which is also backed by Bloomberg Beta and GV.
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Bertelsmann-backed learning assistance platform Knowbox has received series C funding from returning investor Tal Education Group and Yunfeng Capital.
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