Services

Alibaba has paid a nine-figure renminbi amount for a stake in its strategic partner Helijia, which markets beauty services to consumers through a mobile app.

Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.

Hyatt, Sotheby’s, Digital Garage, American Express and Advance Publications exited experience marketplace IfOnly in an acquistion by fellow investor Mastercard in January.

The predictive logistics platform developer has raised a further $13m, adding to $24.5m raised from investors including M12 and Honeywell Ventures in April.

Gigafund led a series C round for the GV and Stripe-backed online coding school to increase its overall funding to approximately $122m.

US-based business finance provider Kabbage, which has a host of corporates as backers, will be acquired by payment processing firm American Express.

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

Alphabet, Salesforce and Twilio have exited the peer-to-peer messaging platform, which has been purchased by another of its investors, Social Capital.

Alphabet-backed short-term accommodation portal Airbnb has confidentially filed to go public, having raised money at a $26bn valuation in April.

Intel Capital has returned to take part in the online marketing technology developer's latest round, seven years after backing its series B.

Honeywell has returned for the warehouse robotics system developer's latest round, having previously contributed to a $25m series B round together with Comcast.