Services

The courier firm has acquired a majority stake in Snapdeal-backed courier service GoJavas for an undisclosed sum.

The China-based fitness app has followed a $32m Bertelsmann-backed round in May with more funding led by Tencent.

Westpac's Reinventure firm led estate agent marketplace OpenAgent's latest round, which will help it add new features to its platform.

Existing backer SoftBank reportedly invested the money at a $460m valuation, taking the budget hotel room aggregator's overall funding to almost $190m.

The State of Startup/Corporate Collaboration 2016 report suggests 67% of corporates prefer early interaction, with 82% saying interaction was at least somewhat important.

Turner's strategic investment as part of a $45m round for Refinery29 is part of an ongoing trend that likely spells the end for what we think of as 'old media'.

The property developer's corporate venturing unit will double the initial funding available for each participant in Property Innovation Labs' accelerator.

Marcin Hejka, who oversees Intel Capital's activity in Greater Europe and India, has spoken to GCV about the unit's strategic focus.

A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.