
Backed by Alibaba and Tencent, the ride-sharing app is looking to raise a $1.5bn round to fend off rival Uber.
The ride-sharing app, which is backed by Baidu in China, now enables a million trips in the country as it prepares to expand into 50 cities.
Logistics company GoGoVan has extended its Renren-backed series B by $10m, doubling the funding raised in the round.
Connected car platform developer Vinli has attracted series A funding from investors including Samsung, Cox Enterprises and Continental.
The bus tracking app has secured $15m, less than a year after closing a series A round that also reportedly featured Alibaba.
The aerospace company is launching Airbus Group Ventures in conjunction with a technology and innovation centre that will be based in Silicon Valley.
Ringier and LVMH-backed Groupe Arnault both contributed to the camper van booking platform's series A round, which will be used to increase its market share.
Sina Weibo is set to invest $142m in a holding company owned by ride hailing apps Didi Dache and Kuaidi Dache, which agreed in February to merge.
Logistics services provider TrucksFirst will use the series A funding to support technology development, strengthen its back-end infrastructure and expand its team.