Consumer

58.com could exit when Tubatu, a marketplace for home renovation contractors, lists on the Hong Kong Stock Exchange.

Princeton and Spelman College are among the investors in 645 Ventures' $40m fund, targeting segments such as online marketplaces and digitally-native consumer brands.

University of California-backed Congruent Ventures is among the investors in Bellwether Coffee, which is marketing an ethical coffee roasting system.

Narvar has obtained $30m in funding from a consortium that included Salesforce Ventures, though Fung Capital chose not to participate this time.

The investment holding company has made an investment in Paytm owner One97 Communications reportedly sized at up to $356m.

Meituan Dianping's forthcoming initial public offering, which is expected to be $4bn in size, will feature Tencent as a cornerstone investor.

Since the beginning of 2017, Global Corporate Venturing (GCV) Analytics has tracked and seen a number of companies backed by China-based internet company Tencent go public in Hong Kong and the US.

Legend Capital has led a series A round for teahouse chain Gaga Cafe, which also attracted an unnamed industrial investor.

Alibaba's investment in Trendyol has been revealed to be a majority stake acquisition that valued the e-commerce marketplace at $750m.

Rakuten Ventures has co-led a $50m series A-plus round for e-commerce company Black Fish that also featured a Fullshare Group subsidiary.

Aeon led the round, which valued wholesale mobile commerce platform Boxed at $470m, taking its funding past the $240m mark.