# Alibaba International Digital Commerce Group

> Alibaba International Digital Commerce Group is a VC fund backing Retail and E-Commerce. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Hangzhou, China
- Total investments: 2
- Last investment: Jan 2024
- Lead investor: 100%
- Last updated: Aug 2026
- Website: https://www.alibabagec.com

Alibaba International Digital Commerce Group is a VC fund in Hangzhou focused on Retail and E-Commerce. Alibaba International Digital Commerce Group empowers local merchants and partners, supported by supply chain advantages.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Retail | 2 | 100% |
| E-Commerce | 2 | 100% |
| Cosmetics | 1 | 50% |

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 50% |
| Corporate Round | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Vietnam | 1 | 50% |
| Thailand | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Konvy | Konvy.com is a beauty e-commerce platform that provides cosmetics and skincare products. Konvy.com products include skin creams, makeup accessories, perfume, food supplements, and many more. L'Oréal, Shiseido, Sulwhasoo, Eucerin, and La Roche-Posay are among its brands. | $11M | Series A | Jan 04, 2024 |  |
| Hasaki | Hasaki.vn is a system of genuine cosmetic stores and specialized beauty care services with a chain of stores nationwide, and it is currently a strategic distribution partner in the Vietnamese market of a series of major brands. |  | Corporate Round | Nov 18, 2023 |  |

2 of 2 investments shown.

## Co-investors
- [Insignia Ventures Partners](https://shizune.co/investors/profile/insignia-ventures-partners) — VC Fund, 1 deal together
- [New Day Ventures](https://shizune.co/investors/profile/new-day-ventures) — VC Fund, 1 deal together

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## FAQ

### What does Alibaba International Digital Commerce Group invest in?

Alibaba International Digital Commerce Group invests primarily in Retail, E-Commerce and Cosmetics startups, most often at Series A and Corporate Round stage. Most of the 2 investments tracked by Shizune back companies in Vietnam. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Alibaba International Digital Commerce Group last invest?

The most recent investment recorded for Alibaba International Digital Commerce Group closed in Jan 2024. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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