Services

TAL Education and existing investor Follett Corporation were among the participants in a $10.1m round that took the total raised by the critical skills learning platform to $14.8m.

Returning investor Tencent contributed to a round that upped the total raised by the online fresh produce retailer to over $400m

The Expedia-backed Latin American tourism booking platform floated in the US at the top of its range, and could close the initial public offering at up to $382m.

Long-term investor Alibaba may buy up to another $150m of shares in Best Logistics in the US in a downsized initial public offering.

Technology with the potential to produce complex metal components more efficiently and cheaply has underpinned the success of US-based Desktop Metal.

Bicycle rental platform Mobike has had a hugely successful 2017 so far, with two multimillion-dollar funding rounds as well as expansion out of its native China into Southeast Asia and, most recently, Europe.

AddVentures, the corporate venturing arm of Thai conglomerate Siam Cement Group (SCG), has been named new entrant of the year in the 2017 Global Corporate Venturing Asia Congress awards. The fund was set up in June this year and will be funded by SCG to the tune of up to $85m over the next three to five years.