Transport

The media company has taken stakes in on-demand ride platform Grab and mobile game developer Ice House, according to its latest financial report.

A subsidiary of hedge fund sponsor Tekne Capital Management has invested in the series G round being raised by Ola, which is also backed by SoftBank and Didi Chuxing.

Vision Fund's $2.5bn investment in Flipkart last week, together with its huge bets on Fanatics and Roivant, could indicate where it plans to invest in the longer term.

It is, as these deals in the past week show, a remarkable time in sports and content as the change in distribution routes also affects the $40bn advertising industry.

Electric truck developer and charging service Chanje has come out of stealth having raised almost $1bn from investors including technology partner FDG Electric Vehicles.

The car dealership e-commerce startup has completed a $5.2m seed round backed by talent agency Emagen Entertainment Group and legal firm Perkins Coie.

The ride hailing companies have formed a strategic partnership to share resources and expertise which will involve Didi Chuxing investing in Careem.

The electric vehicle developer has not named the investors in its latest round but its existing shareholders include corporates Tencent and Foxconn.

The corporate is open to investing in Uber or Lyft, CEO Masayoshi Son has said, weeks after it reportedly held discussions with Uber over a 10-figure investment.

Gobee.Bike has raised $9m in capital to add several thousand bicycles to its network as it seeks to expand across Hong Kong, and internationally.