Alibaba International Digital Commerce Group
No. 969 West Wen Yi Road, Yuhang District, Hangzhou, Zhejiang, 311121, China
Overview
Alibaba International Digital Commerce Group empowers local merchants and partners, supported by supply chain advantages.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Supply Chain Management
Investment portfolio
- Konvy.com
Participated · Series A · Dec 2023
Konvy.com operates an omnichannel beauty and personal care platform offering over 20,000 products from more than 1,000 brands and a growing portfolio of private label items. The company has built a market-leading position in Thailand and is actively expanding into the Philippines and Malaysia. Its omnichannel strategy spans marketplaces, social commerce, and localized marketing to reach consumers across the region. Konvy raised $22 million in a Series B led by Cool Japan Fund to support this regional expansion and private label growth. Previously, Konvy raised $11 million in a 2024 second tranche Series A from New Day Ventures, Alibaba International Digital Commerce Group, and Insignia, and $10 million in a 2022 Series A from Insignia. The company is positioning itself to capture rising middle-class spending and growing demand for curated premium beauty products in Southeast Asia.
Team
No current team members are available.