Alibaba to Invest 100 Billion Yuan by 2025 in Support of Common Prosperity
Alibaba will invest 100 billion yuan ($15.5 billion) by 2025 in support of the country’s goal of common prosperity, becoming the latest corporate giant to pledge support for the initiative, Zhejiang News reported on Thursday.
Alibaba will set up a special permanent organization to carry out ten actions around the five major directi…