GoGoVan, Shopline and Yeechoo are the first three companies to receive funding from Alibaba's Hong Kong Entrepreneurs Fund.
The Hong Kong Entrepreneurs Fund formed by e-commerce firm Alibaba has made its first three investments, providing undisclosed amounts for GoGoVan, Shopline and Yeechoo, according to Alizila.
GoGoVan operates an online logistics platform that can be utilised to move heavy objects like furniture. It had raised $26.5m from social media and fintech company Rakuten and Centurion Investment Management across two rounds, as of June 2015.
Shopline provides tools that help businesses build out e-commerce offerings, and had secured about $1.2m…
