Alibaba Group executive chairman Jack Ma launches the poverty relief fund at the company’s headquarters in Hangzhou, Zhejiang on Friday. Photo: Handout
Alibaba Group executive chairman Jack Ma launches the poverty relief fund at the company’s headquarters in Hangzhou, Zhejiang on Friday. Photo: Handout

Alibaba launches US$1.5 billion fund to help fight poverty in China

Jack Ma says commitment to poverty relief was inspired by Deng Xiaoping

Alibaba Group executive chairman Jack Ma launches the poverty relief fund at the company’s headquarters in Hangzhou, Zhejiang on Friday. Photo: Handout
Alibaba Group executive chairman Jack Ma launches the poverty relief fund at the company’s headquarters in Hangzhou, Zhejiang on Friday. Photo: Handout
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