Just a few weeks ago, Alibaba Group Holding Limited made headlines by sinking $1 billion USD into Southeast Asian e-commerce startup Lazada. Today, the Chinese tech giant made another round of investments via its Hong Kong Entrepreneurs Fund, continuing its expansion beyond mainland China.

Three Hong Kong startups will receive minority investments from Alibaba to help scale their businesses: Yeechoo, an online fashion rental startup, GoGoVan, an on-demand logistics company, and Shopline, an e-commerce platform for merchants.

“Alibaba is the world’s largest e-commerce company with expertise in payment, logistics and cloud services that are all core to e-commerce,” said Shopline CEO and cofounder Tony Wong in a post on Alibaba’s official blog, Alizila. “This will help us strengthen our market positioning in Hong Kong and Taiwan, and fuel the next stage of our growth.”

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Eva Xiao

Eva Xiao is a tech reporter based in Shanghai. Contact her at eva.xiao@technode.com or evawxiao (wechat & twitter).