ARTICLE
11 November 2020

Alibaba Group's Global Investment Arm Completes $5 Million Strategic Investment In Popreach

GW
Gowling WLG

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Gowling WLG is an international law firm built on the belief that the best way to serve clients is to be in tune with their world, aligned with their opportunity and ambitious for their success. Our 1,400+ legal professionals and support teams apply in-depth sector expertise to understand and support our clients’ businesses.
On November 5, 2020, PopReach Corporation (TSXV: POPR) (OTCQX: POPRF) announced that it had closed the previously-announced $5 million strategic investment.
Canada Strategy

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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