Alibaba backer GGV Capital looking to raise first yuan fund | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/19/alibaba-backer-ggv-capital-looking-to-raise-first-yuan-fund/

HONG KONG (Reuters) – Venture capital firm GGV Capital, an early backer of Chinese e-commerce giant Alibaba Group Holding Ltd, is looking to raise its first yuan fund to make it easier to invest in Chinese sectors restricted to foreigners such as the internet. http://internationalnewslive.com/alibaba-backer-ggv-capital-looking-to-raise-first-yuan-fund/