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Alibaba to Invest 100 Billion Yuan by 2025 in Support of Common Prosperity
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Alibaba to Invest 100 Billion Yuan by 2025 in Support of Common Prosperity

Sep 03, 2021
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Alibaba to Invest 100 Billion Yuan by 2025 in Support of Common Prosperity
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(Source: Investopedia) 

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…

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