Services

The Foxconn-backed construction services provider, valued at more than $1bn as of April 2017, has raised $28.8m and could close the round at up to $200m.

Trucking logistics platform Fuyoukache took its total funding to $83m with a JD Logistics-led round that featured existing backers including GLP.

The telecoms firm's $5m Smart Axiata Digital Innovation Fund has provided funding for Morakot Technologies, Aniwaa and Joonaak Delivery.

The R/GA-backed e-commerce returns service has raised series B funding that will go to product development and an expansion of its partner network.

The customer relationship management software producer launched four specialist funds with $250m of capital and scored big on the IPO exit front.

The customer service enhancement platform increased its overall financing to $26m in a $14.8m round featuring existing backer Salesforce Ventures.

The co-working space provider raised $45.6m, three months after securing $178m in a pre-series C round featuring Aikang, Beijing Xingpai, Beijing Land Capital and Star Group.

Tencent added huge private equity deals to investments in the likes of Meituan-Dianping, Go-Jek and Flipkart before a run of huge IPOs late in the year.

The Google owner committed big money to Lyft and Airbnb as GV increased its late-stage deals, formed an AI fund called Gradient and exited from Snap and Cloudera in IPOs.