Russian SWF plans more investments with Alibaba after JV

Russian SWF plans more investments with Alibaba after JV

Alibaba Group co-founder and executive chairman Jack Ma and Russian Direct Investment Fund (RDIF) CEO Kirill Dmitriev attend a signing ceremony on the sidelines of the Eastern Economic Forum in Vladivostok, Russia September 11, 2018. RDIF/Handout via REUTERS

Sovereign wealth fund Russian Direct Investment Fund (RDIF) plans more investments with China’s Alibaba after the two became partners in a Russian joint venture last week and separately invested in a developer of augmented reality technology, the RDIF’s head said.

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