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  • 25.04.2014 – 04:11

    Alibaba Founders Establish Charitable Trusts

    Hangzhou, China (ots/PRNewswire) - GIFT OF 2% OF ALIBABA EQUITY TO FOCUS ON ENVIRONMENT, MEDICINE, EDUCATION AND CULTURE, Jack Ma and Joe Tsai, co-founders of Alibaba Group Holding Limited ("Alibaba" or "the company"), today announced the establishment of personal charitable trusts funded by share options granted by Alibaba to the charitable trusts designated by Jack Ma and Joe Tsai for approximately two percent (2%) of ...