Alibaba Entrepreneurs Fund

Company

Investment-firm

General

About Company
Alibaba Fund supports entrepreneurs and young people in Hong Kong and Taiwan.

Industry

Sector :

Subsector :

founded date

01.01.2015

Number of employees

IPO status

Private

Description

The fund, which has a representative office in Causeway Bay, Hong Kong, has established a HK$1 billion fund in Hong Kong and a NT$10 billion fund in Taiwan to invest in Series A, Series B, Seed, and other ventures. It focuses on businesses started by Hong Kong and Taiwan-based entrepreneurs and young people, with a particular interest in the logistics and e-commerce sectors. Some of the fund's notable portfolio companies include GoGoVan, WeLab, and AutoX. The fund typically invests in rounds with 3-4 participants and has a preference for startups with 2-3 years of age. It is involved in 7-12 investment rounds annually and has a higher exit rate compared to other organizations.