The publishing company has invested an undisclosed sum in the newly formed accelerator and incubator, also transferring some of its educational assets.

The holiday room booking platform raised the cash in an $80m round, as competitor LoveHomeSwap received $11.8m in equity from Wyndham Hotels.

Tal Education and IDG both committed capital to Changingedu, which operates an online service where tutors can connect to student customers.

Tencent and Dalian Wanda are lining up investments in the online travel guide operator, which raised $200m from Ctrip last year.

Student job platform Studitemps has received $13.5m from investors including XAnge and corporate-backed Iris Capital.

Deutsche Telekom exited the online property portal through the transaction, in which Emtek, TPG and Square Peg provided the money.

Baidu and United Electronics provided more than $16m for 16Wifi, which is helping to bring wifi to China's public transport services.

The online education marketplace has now raised $113m in total, after securing $65m in a Norwest Venture Partners-backed series D round.