Jin Jiang International and Legend Holdings will get exit routes through the deal, which is set to give SoftBank a stake in the workspace provider sized at about 80%.

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.

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.

The Russia-based internet group sells stakes in the US-based daily deals, gaming and social media companies.

The acquisition looks to have marked a big return for CyberAgent on the partial divestment, after it started the maker of popular game Rage of Bahamut last year with Y50m ($616,000)

Daimler has acquired a minority interest in Tiramizoo, a Munich-based delivery logistics service start-up.

Investment bank Troika Dialog has divested its stake in online note taking company Evernote, garnering an exit ten times the size of its investment.

IDG-Accel, the China-based joint venture between US publisher International Data Group and venture capital firm Accel Partners, and Qiming Ventures, a local VC firm, have invested $50m.