Chinese internet giant Alibaba Group Holding Ltd. has agreed to invest in augmented-reality startup Perfect Corp. in its biggest bet so far in Taiwan, people with knowledge of the matter said.
Alibaba is leading a new round of funding for Perfect Corp., according to the people, who asked not to be identified because the information is private. Chinese venture capital firm CCV, led by former KPCB China Managing Partner Zhou Wei, and Taiwan’s Cyberlink Corp. are also participating in the round, the people said.
