Alibaba’s logo seen at the company's headquarters in Hangzhou, the provincial capital of Zhejiang. Photo: Chinatopix via AP Alibaba’s logo seen at the company's headquarters in Hangzhou, the provincial capital of Zhejiang. Photo: Chinatopix via AP
Alibaba’s logo seen at the company's headquarters in Hangzhou, the provincial capital of Zhejiang. Photo: Chinatopix via AP
Alibaba

Alibaba earmarks 100 billion yuan towards China’s common prosperity goal, responding to call to narrow nation’s wealth gap

  • The allocation will be disbursed before 2025, according to a report by state-owned Zhejiang News
  • The fund will be used to promote investments in technology, support small businesses, foster development in rural areas and help gig workers

Topic |   Alibaba
Alibaba’s logo seen at the company's headquarters in Hangzhou, the provincial capital of Zhejiang. Photo: Chinatopix via AP Alibaba’s logo seen at the company's headquarters in Hangzhou, the provincial capital of Zhejiang. Photo: Chinatopix via AP
Alibaba’s logo seen at the company's headquarters in Hangzhou, the provincial capital of Zhejiang. Photo: Chinatopix via AP
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