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Saturday, May 17, 2008

Alibaba Group Assists in China Earthquake Relief

Saturday, May 17, 2008
Alibaba Group has pledged $300,000 to help support victims of the May 12 earthquake in China. To help raise money for relief victims, Alibaba Group is cooperating with several relief organizations including the Chinese Poverty Relief Foundation and the Red Cross Society of China. Through its websites, Alibaba Group is helping raise awareness and allowing people to contribute funds to relief organizations through its Alipay online payment service. Alimama is allowing small and medium-sized websites across China to contribute advertising inventory on their sites for which the proceeds will be used to fund relief efforts.

Alibaba Group, which also operates the Alibaba B2B online auction site and TaoBao, the C2C auction site, is encouraging staff to contribute funds and organizing staff to donate blood. Alibaba Group is encouraging its members to visit the relevant sections of its websites to learn more about how they may contribute to relief efforts.

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