Consumer

Alibaba-backed Babytree priced its shares at the foot of its range and will raise $217m at a valuation of $1.5bn, down from $2.2bn earlier this year.

Uniseed has upped its investment in probiotic drink maker Perkii after leading the Queensland spinout’s first $3m round in 2016.

The travel booking platform, backed by Ctrip, Dalian Wanda and Tencent, has priced shares at the bottom of its range and raised $180m in its initial public offering.

Walmart, which closed its $16bn acquisition of a 77% stake in Flipkart in August, has boosted its share of the e-commerce marketplace to 81.3%.

SoftBank's Vision Fund supplied $2bn for the e-commerce marketplace at a $9bn valuation, three years after a $1bn investment by its parent company.

SoftBank has reportedly led a round that valued the peer-to-peer e-commerce platform, which also counts Alibaba and CyberAgent as investors, at about $7bn.

The community-focused e-commerce platform has raised series A funds from investors including Ping An Ventures and SIG Asia.

Tyson Foods and General Mills are in line for exits after meat substitute producer Beyond Meat filed to go public in a $100m initial public offering.

Legrand has acquired its portfolio company Netatmo for an undisclosed amount, three years after the corporate led the smart home device maker's $32m series B round.

The number of flotations of companies that have previously received corporate backing has been growing over the past couple years. More interestingly, it has been companies from the life sciences sector that beat other sectors in going public.

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