Consumer

Ant Group, the financial services subsidiary of China-based e-commerce group Alibaba, was due to raise a targeted $37bn in a dual listing in Shanghai and Hong Kong but the mega-initial public offering was unexpectedly blocked by an intervention from financial regulators in Beijing at the eleventh hour.

Intel Capital was among the investors in a $13.5m round that took the e-commerce personalisation tool provider's overall funding to more than $34m.

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

Venture firm Seventure’s Health For Life Capital Fund II has received a contribution of undisclosed size from Archer Daniels Midland.

The curated cosmetics retailer completed a series B-plus round led by Orchid Asia Group and backed by existing investor SIG Asia.

The Sistema-backed e-commerce platform could reportedly raise up to $500m in an initial public offering potentially valuing it at as much as $5bn.

The e-commerce marketplace has reportedly recruited Microsoft and Emtek for a round with a $200m target that could value it at up to $3bn.

United Media FOFs was among the participants in the antiques e-commerce platform's fifth round, which will fund platform development and human resources activities.

Corporate venturing vehicle Vorwerk Ventures is exiting beverage delivery provider Flaschenpost in a $1.16bn acquisition by Dr Oetker.

The 3D-printed product supplier raised an eight-digit dollar amount in a round featuring Chinese Academy of Sciences.

Nestlé bought the healthy meal kit delivery service three years after leading its series C round, in a deal that could reach $1.5bn with earnouts.