The deal, closed alongside a multibillion-dollar secondary purchase, makes SoftBank the ride hailing company's largest shareholder.

Alibaba has bought $3bn of shares in Ofo from another existing backer, GSR Ventures, according to a relative of GSR's managing director.

SoftBank itself will come out with a 15% stake in Uber as part of a primary and secondary deal that looks set to top $8bn.

Daily Mail and General Trust has sold shares in the weather and agricultural data platform as part of a series C round of undisclosed size.

SoftBank is aiming to acquire shares from existing investors in Flipkart, valuing the business at $9bn to $10bn for the deal.

SoftBank and Dragoneer have been joined by Tencent, Sequoia Capital and TPG as investors hoping to purchase shares in a secondary transaction.

Rocket Internet-backed car classified portal Carmudi has sold its site in Vietnam to Fram Skandinavien for $50,000.

Spice Mobility will pay $5.25m for the 10.8% stake in mobile services provider Spice Digital acquired by fabless semiconductor provider MediaTek in 2011 for $20m.

Permira has become a strategic investor in Visa-backed payment services provider Klarna in a secondary transaction reportedly valued between $225m and $250m.