Jack Ma's Rare Announcement on Overseas Investment Layout

On August 6, it was reported that Alibaba founder Jack Ma made a rare overseas investment arrangement in recent yearshis Yunfeng Fund participated in the investment of the AI insurance startup Corgi based in San Francisco, USA. This marks the first known deal in the United States for Yunfeng Fund, which has previously focused its investment portfolio primarily on the Chinese market. In this round of financing, Yunfeng Fund invested approximately $30 million in Corgi, becoming one of the investors in the company.