Following Tencent, Alibaba pledges ~$15.5B over five years towards China's "common prosperity" vision, spreading the money across 10 initiatives (Coco Liu/Bloomberg)

Coco Liu / Bloomberg:
Following Tencent, Alibaba pledges ~$15.5B over five years towards China's “common prosperity” vision, spreading the money across 10 initiatives  —  - E-commerce giant to devote 100 billion yuan to societal good  — Alibaba joins tech giants in backing Xi Jinping's key priority