Asset manager Steadview has bought $25m of shares in the logistics provider, which counts SoftBank, Fosun and Bennett Coleman & Co as investors.

The corporate has invested hundreds of millions of yuan in agricultural robotics technology producer FJ Dynamics, which already counts DJI and Dongfeng as backers.

Tencent-backed group buying platform developer Xingsheng Youxuan has formed a strategic collaboration with JD.com in lower-tier cities.

The ride hailing service has sold its Uber Elevate subsidiary to urban aircraft developer and portfolio company Joby alongside a new $75m investment.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Uber's autonomous driving spinoff, which had raised $1bn from SoftBank Vision Fund, Toyota and Denso, is merging with self-driving technology producer Aurora.

The online shooting game developer has secured a nine-digit yuan amount from Tencent as it prepares to launch a sequel to its most popular title.

SK Holdings has entered a strategic partnership with the pharmaceutical company builder as the latter unveils a new targeted protein degradation platform.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The customer information software producer has agreed to a majority acquisition at a $1.1bn valuation, having raised $157m from investors including Salesforce and Cisco.