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 Alibaba has broken the seal on its startup fund for Hong Kong after it backed its first three companies in undisclosed deals. The companies are unsurprisingly in the e-commerce space: Yeechoo is online fashion store focused on renting not buying, Shopline helps online sellers use the internet for marketing, while GoGoVan is delivery on-demand. Read More
http://techcrunch.com/2016/05/06/alibabas-hong-kong-fund-invests-in-three-e-commerce-startups/?ncid=rss
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