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Alibaba-backed fund invests in Vietnamese food chain Homefarm

The investor is branching out into the emerging markets of Southeast Asia

Alibaba's eWTP Technology and Innovation Fund has invested in Vietnamese food chain Homefarm. (Source photos by Reuters and Homefarm website)

HANOI -- Alibaba's eWTP Technology and Innovation Fund has made an undisclosed investment in the Vietnamese food chain Homefarm, DealStreetAsia has learnt.

The investment is a "seven-digit figure," according to the Vietnamese company's CEO Tran Van Truong.

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