The online holiday booking service has reportedly now raised about $125m from investors also including Intel Capital.

Alibaba's $1.5bn acquisition of digital navigation service AutoNavi shows that diversification is as important for China-based internet companies as their western counterparts.

The smart key replacement service has now raised more than $10m from investors including 7-Eleven's corporate venturing unit.

The companies will collaborate on healthcare-specific communication technology, which could include a dedicated smartphone model.

The new entity, Katalyzers, formed in conjunction with Smile Group, will invest in internet and e-commerce companies' activities in emerging economies.

Classified property listings website Lamudi, a subsidiary of Rocket Internet, has secured $7m from Tengelmann's corporate venturing unit.

GS Venture, a subsidiary of technology developer GS Group, has made a seed investment in Tellyo.

The corporate venturing unit of SingTel will link with AIS, Globe Telecom, Optus and Telkomsel to provide mentoring for

Marijuana-focused media company High Times is establishing a $100m fund that will invest in marijuana-focused business startups.