Consumer

Telstra Ventures returned to help the mobile commerce platform developer close a round co-led by Inovia Capital and Lion Capital.

Bill Ford becomes the third managing director of portfolio operations group at ICV after three years as Coca-Cola's director of venturing and portfolio management.

Ping An and Alphabet-backed health insurer Oscar priced an upsized offering above its range to raise $1.44bn. The offering is part of the broader health space, which has seen many exits in the past years.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

The Aihuishou-backed second-hand electronics platform operator has raked in new financing from an Olympus Capital subsidiary.

Netease has led a $37.5m round disclosed by multiplayer game developer Theorycraft Games as it emerged from stealth.

David Ma will head the newly formed Sea Capital unit, which is set to allocate $1bn to consumer and enterprise technology developers in the coming years.

Fidelity Management and Research co-led a round that more than doubled the Amazon, Comcast and American Express-backed grocery delivery service's valuation to $39bn.

An unnamed casino operator invested in the sports and esports betting platform developer in around that will support international expansion.

Condé Nast and Kering joined new and returning investors to back a round valuing the fashion item resale platform in excess of $1bn.

Estée Lauder Companies has hiked its stake in the skincare product maker to a majority share, having first invested four years ago.