Consumer

Coppel and Nordstrom-backed Bonobos has become the latest online retailer to be bought as part of Walmart's e-commerce growth strategy, in what could be a hugely-sized acqui-hire.

Novel TMT Ventures returned for a $22.5m round that increased the excess inventory sales platform's overall funding to $36m.

GV and Forerunner Ventures have co-led a round for video-focused mobile platform Packagd, which was announced as it launched out of stealth.

Nanshan Capital has participated in a series B round for online ticket marketplace Ferris Wheel Ticketing that will support hiring, marketing and product development.

The marketing transaction platform has closed a round featuring media group Time, having previously secured $15m in a first tranche in February 2017.

OwnLocal has acquired Wanderful Media, an advertising technology developer that had raised a total of more than $50m from 12 media companies.

The smartphone developer, which is backed by Tencent and Foxconn, has raised $300m from undisclosed investors at a valuation of between $900m and $1bn.

Legend Capital's seventh Chinese fund reportedly hit its hard cap of $400m in April, but appears to have added another $48m since then.