Consumer

ByteDance has revealed it bought online information portal Baike just two weeks after it bought a 22.2% stake in the company.

Fantasy sports platform Dream11 is reportedly aiming to raise a round sized at $500m to be backed by several corporate investors. The company is part of the broader gaming and eSport space which has seen growth recently.

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

Altria-backed e-cigarette brand Juul has added $460m to a convertible note round it plans to close at $800m according to a securities filing.

Qualcomm, NCSoft and Kin Yat Holdings-backed battle robot developer Reach Robotics is closing down according to a statement by its co-founder.

The fashion-focused e-commerce and media brand raised $40m in a round that was led by corporate-backed existing investor EV Growth.

The corporate contributed to a series B-plus round for second-hand goods trading platform Plum that will fund marketing and the bolstering of its services.

Al Nassar-backed farm-to-plate food provider FreshToHome took its total funding to $33m with a series B round led by Iron Pillar.

Solar system provider Bboxx completed a round led by Mitsubishi. This year we have seen a revival of corporate-backed deals in the solar energy tech space, which registered a slowdown last year.

Online warddrobe platform Finery has been acquired for an undisclosed amount by Stitch Fix, allowing Farfetch and BBG Ventures to exit.

Ebates-backed brand customer review portal Influenster has been bought for an undisclosed amount by Marlin Equity Partners and will be merged with marketing software producer Bazaarvoice.