Consumer

IDG Capital participated in the Morningside-led round, which will be used to expand its workforce and sales efforts.

China Investment Corporation makes an undisclosed investment to secure 5.2 million shares.

Incubator and venture firm Rocket Internet is set to reveal its plans for an initial public offering at the same time as one of its portfolio companies, Zalando.

The latest $60m raised by AppNexus, in a round that could eventually reach nine digits, is only the latest in what is proving to be a vibrant adtech market.

E-commerce company Beibei has raised $24.3m in series A funding from IDG, Banyan Capital and parent company Husor E-Business.

Camera producer 360fly has now raised almost $20m after receiving $17.8m in a series B round featuring the corporate venturing unit of Qualcomm and Voxx International.

E-commerce company Rakuten has acquired portfolio company Slice for an undisclosed amount to get access to data technology for analysis of its users.

Grocery and recipe delivery service Plated has raised $15m in a series A round featuring LS and Korea Telecom-backed firm Formation 8.

The design-led e-commerce company, backed by investors including Tencent, Itochu and NTT Docomo, could be sold for as little as $100m, just a year after being valued at $1bn.