Alibaba's eWTP Fund invests $10m in Vietnam's Ficus Asia

Dinh Anh Huan, founder and chairman of Seedcom.

Alibaba’s eWTP Technology and Innovation Fund has topped up $10 million into Vietnamese retail firm Ficus Asia Investment, according to recent filings on Acra.

The eWTP Fund had invested $50 million into Ficus just last year. Both investments were made via ReDefine Capital Fund, a Singapore-registered investment entity controlled by eWTP.

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