SHANGHAI, July 13 (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd (9988.HK) will anchor a fund for startups in China's Greater Bay Area, the company announced on Tuesday via its Alibaba Entrepreneur Fund.
The fund will have a targeted size of HK$2 billion ($258 million) and is expected to close in the second half of 2022, the company added.
($1 = 7.7657 Hong Kong dollars)
(This story corrects value in paragraph 2)
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