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                             March 8, 2021

       Eugene Wong
       Chief Executive Officer
       Ace Global Business Acquisition Ltd
       6/F Unit B
       Central 88, 88-98 Des Voeux Road
       Central, Hong Kong

                                                        Re: Ace Global Business
Acquisition Ltd
                                                            Registration
Statement on Form S-1
                                                            Filed February 9,
2021
                                                            File No. 333-252878

       Dear Mr. Wong:

              We have reviewed your registration statement and have the
following comments. In
       some of our comments, we may ask you to provide us with information so
we may better
       understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.

       Registration Statement on Form S-1 filed February 9, 2021

       Prospectus Summary
       Automatic liquidation if no business combination, page 20

   1.                                                   We note your disclosure
that your 15-month deadline may be extended three times by an
                                                        additional three months
each time, for a total of up to 24 months to complete a business
                                                        combination. Please
amend your disclosure to clarify whether shareholders may redeem
                                                        their shares in
connection with any proposal to extend the deadline beyond 15 months.
       Certain Transactions, page 96

   2.                                                   Throughout your filing,
you refer to "insider shares" and "founder shares," and it appears
                                                        that your insider
shares were issued in a November 2020 private placement, but we were
 Eugene Wong
Ace Global Business Acquisition Ltd
March 8, 2021
Page 2
      unable to find disclosure describing the transaction by which you issued
the "founder
      shares" to your sponsor. Please amend your disclosure to describe the
transaction by
      which you issued these founder shares. If you are referring to insider
shares and founder
      shares interchangeably, please amend your disclosure for clarity.
        We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.

       Refer to Rules 460 and 461 regarding requests for acceleration. Please
allow adequate
time for us to review any amendment prior to the requested effective date of
the registration
statement.

       Please contact Taylor Beech at 202-551-4515 or Katherine Bagley at
202-551-2545 with
any questions.



                                                           Sincerely,
FirstName LastNameEugene Wong
                                                           Division of
Corporation Finance
Comapany NameAce Global Business Acquisition Ltd
                                                           Office of Trade &
Services
March 8, 2021 Page 2
cc:       Giovanni Caruso, Esq.
FirstName LastName