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

The media company has sold ad-for-equity stakes in 16 portfolio companies to private equity firm Lexington Partners for about $57m.

Alibaba has invested $1bn to increase its share e-commerce marketplace Lazada to 83%, with Rocket Internet and Tesco among the exiting shareholders.

The social media company has scored a huge exit from news app Toutiao, exiting as part of a series D round that valued it at $11bn, 22 times the valuation at which Sina invested in 2014.

Reliance Capital, Sapphire Ventures and Saama Capital have reportedly exited One97 Communications, selling a combined 4.3% stake to e-commerce firm Alibaba.

Intel has acquired a 15% stake in mapping technology provider Here as part of a strategic partnership, buying shares from BMW, Audi and Daimler.

Car parts maker Valeo has acquired a 50% stake in CloudMade while Nasdaq-listed game producer Glu Mobile said it has acquired a controlling interest in Crowdstar.

Conglomerate Piramal has invested $73m in the solar energy developer, part of which will go to buying out power producers and investors EDF and Eren.

AcFun investors Youku Tudou and SoftBank China Venture Capital are selling $36m of shares to online content publisher Chinese All Digital Publishing Group.

The digital entertainment group has agreed to acquire a 35% stake in the online game developer and publisher, part of which will come from existing investor Fidelity.