Consumer

The appliance and electronics retailer has spun off an e-commerce and retail services arm with external funding valuing it at $3.8bn.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Unilever Ventures was among the investors in a $14.9m round for Pureplay Skin Sciences, the owner of vegan-friendly beauty and skincare brand Plum.

The community buying service has raised money for the fourth time this year, this time in a series C3 round co-led by existing backer Alibaba.

Burda Principal Investments was among the participants in a series C round for the Chinese-focused food and groceries delivery service.

FMR has bought a secondary stake in fashion and beauty marketplace Nykaa, which already counts Max Group and TVS as shareholders.

Property engine developer Homesnap agreed to a $250m cash acquisition by Real estate data provider CoStar Group. This is a notable exit in the space in which corporates have been actively investing over the past five years but there have not been many exits.

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

Existing investor Qualcomm put up a share of the $45.6m round for the OLED integrated circuit supplier, which counts several other corporates as backers.

Newly minted strategic partner JD.com joined Oriza Holdings in a $39.5m round for Oriental Standard's e-commerce-focused spinoff.

The funding will allow the Simon Ventures-backed online clothing retailer backed to drive expansion and develop a more physical presence for shoppers.