Alibaba to invest nearly $450m in two new VC funds targetting Hong Kong, Taiwan

Alibaba to invest nearly $450m in two new VC funds targetting Hong Kong, Taiwan

Jack Ma, executive chairman of Alibaba, speaking at the UN. Credit: Flickr/UN Women

Chinese e-commerce giant Alibaba has launched two venture funds for entrepreneurs in Hong Kong and Taiwan, to help entrepreneurs realize their dreams and visions, the company said.

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