Fat cats criticised over size of donations | South China Morning Post
  • Tue
  • Jan 27, 2015
  • Updated: 2:20pm

Alibaba

Alibaba is the world’s biggest e-commerce group. Founded by Jack Ma, it owns Tmall.com and its consumer-to-consumer business Taobao.com.

Fat cats criticised over size of donations

PUBLISHED : Tuesday, 20 May, 2008, 12:00am
UPDATED : Tuesday, 20 May, 2008, 12:00am
 

As quake relief donations grow, some mainland fat cats have been criticised for playing Mr Scrooge.

The chairman of property giant Vanke, Wang Shi, and Alibaba chairman Jack Ma Yun have both been criticised by netizens for lacking social responsibility and compassion 'despite all their wealth'.

According to the news portal Southern Net yesterday, Mr Wang and his corporation only donated 200,000 yuan (HK$223,462), after urging staff not to donate more than 10 yuan each. Mr Ma reportedly only donated 1 yuan, allegedly claiming that 'for charity donations under the spotlight, 1 yuan is enough'.

However, according to the two companies' websites yesterday, Vanke had donated more than 1 million yuan and Alibaba 2.5 million yuan.

The swift donation of 100 million yuan by Taiwan's Formosa Plastics was often cited as a comparison.

Basketball star Yao Ming, who first donated 500,000 yuan, raised his donation to 2 million yuan after netizens attacked his donation as too meagre.

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