Canada:
Alibaba Group's Global Investment Arm Completes $5 Million Strategic Investment In Popreach
11 November 2020
by
Gowling WLG
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On November 5, 2020, PopReach Corporation (TSXV: POPR) (OTCQX:
POPRF) announced that it had closed the previously-announced $5
million strategic investment by New Insight Incentive Plan Company,
a 100% owned subsidiary of eWTP Tech Innovation Fund LP
("eWTP"), the global investment arm of Alibaba Group,
subject to final acceptance by TSX Venture Exchange.
PopReach, headquartered in Toronto, is a free-to-play mobile
game publisher focused on acquiring and optimizing proven game
franchises.
Gowling WLG advised eWTP Tech Innovation Fund with respect to
this investment with a team that included Nurhan Aycan and Jacob
Cawker.
Read the original article on GowlingWLG.com
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