Consumer

Mixi has purchased the family photo service provider for an undisclosed sum, providing an exit to Beenos, Architype, United and Digital Garage.

The custom doll manufacturer, backed by Disney, has reportedly been acquired by the corporate.

The international hotel booking service, backed by IDG Capital at series A stage, has raised series B funding, adding China Merchants Capital Investment and the Chinese government as investors.

Meituan-Dianping has secured Tencent and New Hope Group as limited partners for a fund that will seek to develop an ecosystem around its local services platform.

Zawatt operates an auction site for second-hand items and has raised capital from CyberAgent Ventures, SIG Asia Investments and IMJ Investment Partners.

The clothes e-commerce company aims to welcome 15 to 20 local startups to its new program as it also seeks more international brands for its marketplace.

Microsoft, Tencent, eBay, PayPal and Alphabet are reportedly in talks with the e-commerce firm for a round that would value it at up to $12bn.

Shea Ventures has made its second investment in the organic meal delivery service, which has now raised more than $43m altogether.

Media company Bennett, Coleman & Co has supplied $38.8m in capital and advertising to the e-commerce firm, which is reportedly raising up to $1bn in new funding.