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Home » Jack Ma Foundation, Alibaba and Ant Group pledge US$8 million for Hong Kong fire victims
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Jack Ma Foundation, Alibaba and Ant Group pledge US$8 million for Hong Kong fire victims

adminBy adminNovember 27, 2025No Comments2 Mins Read
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The Jack Ma Foundation said on Thursday it would donate HK$30 million (US$3.9 million) to support families, firefighters and rescuers affected by a deadly fire at a housing estate in Hong Kong’s Tai Po district.

In a statement, the foundation – established by the founder of Alibaba Group Holding and Ant Group – expressed solidarity with all those affected by the tragedy. Alibaba owns the South China Morning Post.

The donation follows a further commitment of HK$20 million from Alibaba and HK$10 million from Ant, bringing their total contribution to HK$60 million and making them the largest contributors among Chinese tech giants in providing financial assistance to victims of the fire, which has killed at least 55 people, including a firefighter.

The Jack Ma Foundation extended its condolences to the victims’ families and praised the bravery of the firefighters and emergency personnel.

The Jack Ma Foundation has pledged to donate about US$4 million to help fire victims. Photo: Handout
The Jack Ma Foundation has pledged to donate about US$4 million to help fire victims. Photo: Handout

Alibaba said it had released the first phase of its donation to support rescue efforts and temporary shelters, and to provide essential materials. The company also activated its emergency response mechanism, with its logistics unit Cainiao delivering clothing and food for those in need.



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