Tencent-backed Furong Xingsheng raised the funding at a $700m valuation and will use the cash to expand its neighbourhood-based grocery stores into additional small towns and cities.
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Toyota will invest $600m into Didi Chuxing and form a joint venture also involving GAC Toyota Motor that will be focused on vehicle-related services for ride hailing drivers.
Zeta has netted an amount from Sodexo Benefits and Rewards reported to be below $60m, at a valuation confirmed by the card-issuing technology provider to be $300m.
The artificial intelligence researcher is partnering Microsoft to enhnace the latter's Azure platform, and has netted $1bn from the corporate in return.
Mitsui has invested $14.5m in SmartE, which will use the proceeds to expand its fleet of electric-powered rickshaws and strengthen its charging infrastructure.
The online retailer has added eBay to its shareholders after the online auction platform purchased a 5.5% stake in return for a reported $150m to $200m investment.
Itochu-Shokuhin has provided $23m to the media company known for its video recipe platform, Delish Kitchen.
K1 Investment Management has provided funding to Graduway just over a year and a half after Susquehanna International Group injected $12.7m.
Goldman Sachs has put $25m of funding into Raisin to drive an expansion into the US and into two additional European markets.