Hong Kong: Alibaba fund makes first investments in 3 startups including delivery service app GoGoVan

People walk at the headquarters of Alibaba in Hangzhou, Zhejiang province, April 23, 2014. REUTERS/CHANCE CHAN/FILES

Alibaba’s Hong Kong Entrepreneur Fund, which maintains a corpus of $1 billion targeting entrepreneurs based in Hong Kong has made its first investments into three startup ventures in the city.

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