Japan-based companies Nippon Telegraph and Telephone (NTT), Gree, Mitsubishi UFJ and NEC Biglobe have launched a corporate venturing fund to provide money to early-stage companies.
As well as IDG Capital, Yiji's $20m series B round also included venture capital firms Trust Bridge Partners and Hong Kong firm Big Profit.
Giant's investment by the end of December will be made through an investment in Yunfeng E-Commerce Funds, which is managed by Yunfeng Capital, a China-based venture capital firm co-founded by Alibaba chief executive Jack Ma and Shi Yuzhu, president of New York-listed Giant Interactive.
The social media monitoring service has pulled in series A funding from Credit Agricole at the same time as it acquires American competitor ReviewAnalyst.
Textbook rental company Chegg will acquire Zinch, with a view to creating a fuller and more wide ranging service.
Secondaries venture capital firm W Capital Partners led the round, which included Time Warner Investments and SAP Ventures, and took Tremor's total to $115m.
Multinational dating website Match.com has established a toehold in the Chinese market by acquiring a stake in the dating and matchmaking service.
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
