Alibaba’s HK Entrepreneurs Fund invests in three “rising” companies

Alibaba’s Hong Kong Entrepreneurs Fund has invested in three “rising” companies based in the city. This is the second round of investments made into early staged companies since the not-for-profit Fund was established in November 2015.

The three companies selected to receive minority investments are: NOSH, an O2O food delivery company that prepares and delivers fresh, ready-to-eat meals that are each under 550 calories and packed in biodegradable materials; Grana, a fashion e-commerce retailer; and DayDayCook, which produces bilingual cooking videos.