
E-commerce company Alibaba is set to purchase a minority stake in YTO, one of its 14 logistics partners, for an undisclosed sum.
Google and Bloomberg are among the lengthy list of backers in the online freight logistics services provider's seed round.
Acommerce has secured $5m from existing investors including Sinar Mas, as it gears up for a series B round that could raise more than $30m.
The taxi hailing service, which counts Google, Baidu and Times Internet among its backers, is reportedly set to raise new funding at a $50bn valuation.
Dida Pinche, which operates in China's increasingly crowded ride sharing sector, secured the money in a round featuring Bitauto and IDG Capital.
E-commerce logistics company Delhivery has raised series D funding from investors including existing investor Times Internet.
Intel, Denso, Castrol, Volvo, Magna and UPS all contributed to an oversubscribed round for the vehicle systems developer, which will invest the cash in its technology.
Navdy has raised almost $27m of venture funding in eight months and will now work to launch its in-car display system later this year.
The SoftBank-backed taxi hailing service has raised $85m to close its series E round at $400m, and will use the funding to expand its network to 200 cities.