Transport

The on-demand ride provider reportedly now owns a 90% share of its Brazilian counterpart, whose investors also included Qualcomm and SoftBank.

Purdue University-linked companies operating the in renewable energy, sustainable transport and oncology sectors are among those to have secured $20,000 in initial funding.

SoftBank itself will come out with a 15% stake in Uber as part of a primary and secondary deal that looks set to top $8bn.

Leta Capital has exited connected car platform developer Bright Box, three years after it invested $1.5m in the company.

Tencent and China Minmetals have contributed to a round for smart EV developer WM, which already counted Baidu and SIG as investors.

The bicycle rental service has raised $153m from investors including Fosun, adding to the $350m WM Motor-backed tranche it closed three weeks ago.

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

The on-demand ride service is reportedly in talks to buy a majority stake in Brazilian counterpart 99, a year after leading a $100m round for the company.

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.