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Which domestic funds invest in Alibaba?
1. Yunfeng Fund
According to relevant media reports, Jack Ma, chairman of the board of directors of Alibaba Group, and Yu Feng, founder of Juzhong Media, are preparing to establish a "Yunfeng" fund. In addition to Jack Ma and Yu Feng, the founders of "Yunfeng Fund" also include many famous figures, such as Shi Yuzhu (Chairman of Giant Network and Giant Investment), Wang Yusuo (Chairman of ENN Group), Shen Guojun (Chairman of Yintai Investment), Cai Zhaohui (Chairman of the Board of Directors of United Financial Group) and so on.
The size of "Yunfeng Fund" is considerable and it mainly invests in the three fields of Internet, consumer goods and new energy.
2. Alibaba Charity Foundation
In order to standardize the development of public welfare undertakings, the "Alibaba Charity Foundation" jointly established by Alibaba Group and its subsidiaries has passed the national After approval by the Ministry of Civil Affairs, Jack Ma became the foundation's No. 1 volunteer. In May 2010, Alibaba Group announced that starting from 2010, it would allocate 0.3% of the group's annual revenue to a public welfare fund, mainly for environmental protection. It was the first environmental protection fund among domestic Internet companies.
Extended information:
Alibaba Group operates a variety of businesses, and also obtains support from the business and services of affiliated companies in operating a business ecosystem. The businesses and affiliated companies include: Taobao, Tmall, Juhuasuan, AliExpress, Alibaba International Trading Market, 1688, Alimama, Alibaba Cloud, Ant Financial, Cainiao Network, etc.
On September 19, 2014, Alibaba Group was officially listed on the New York Stock Exchange, creating the largest IPO record in history. The stock code is "BABA" and the founder is Jack Ma. On November 26, 2019, Alibaba's Hong Kong stock market was listed, with a total market value of over 4 trillion, reaching the top of the Hong Kong stock market and becoming the "new stock king" of Hong Kong stocks
Reference: Baidu Encyclopedia-Yunfeng Fund
Reference materials: Baidu Encyclopedia-Alibaba Charity Foundation
Reference materials: Baidu Encyclopedia-Alibaba Group
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