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Alibaba Sets Up Usd258 Million Startup Fund For China’S Greater Bay Area

Alibaba Sets Up Usd258 Million Startup Fund For China’S Greater Bay Area

07/13/21, 12:35 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CN.svghangzhou
Money raised
$258 million
Industry
software development
Alibaba Group Holding has launched a HKD2 billion (USD258 million) venture capital fund to help support startups in the Guangdong-Hong Kong-Macao Greater Bay Area.

Company Info

Company
Alibaba Group Holding
Location
hangzhou, zhejiang, china
Additional Info
Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions its customers will meet, work and live at Alibaba and that it will be a good company lasting for 102 years. We pledged to reach carbon neutrality by 2030. By working with merchants and consumers, the company expects to slash carbon emissions by 1.5 gigatons across its digital ecosystem by 2035.

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