Tencent, an existing shareholder in edtech provider Yuanfudao, has returned for a $120m funding round led by Warburg Pincus.

The two co-working space operators will each receive an equal share of the investment provided by Beijing Xingpai Group.

The co-working spaces provider has collected capital from a consortium featuring Wecash.

On-demand logistics service Quiqup has added more than $25m in series B funding to a Delivery Hero-backed series A round closed two years ago.

Fosun Property has participated in a series A round for youth housing network LeFull, which raised an undisclosed eight-figure RMB amount.