Gobi Partners hits HK$2b mark for new fund dedicated to China's Greater Bay Area

Gobi Partners hits HK$2b mark for new fund dedicated to China's Greater Bay Area

FILE PHOTO: An evening view of the financial Central district and Victoria Harbour in Hong Kong, China, May 9, 2023. REUTERS/Tyrone Siu

Gobi Partners, a pan-Asia venture capital (VC) firm that has backed over 380 startups, has reached its HK$2-billion ($255.9 million) target for an Alibaba-backed fund dedicated to dealmaking across southern China’s Greater Bay Area.

Edited by: Joymitra Rai