Alibaba Group Holdings Ltd (NYSE: BABA) Pledges to Invest in Common Prosperity Incentive

Alibaba Group Holdings Ltd (NYSE: BABA) in China is planning to invest 100 billion yuan by 2025 to support ‘common prosperity’. It is the latest corporate giant to support the initiative, which President Xi Jinping has promoted. Alibaba has announced ten programs to provide care to vulnerable groups, job creation and technological innovation. Other companies […]