by Giuseppe Liang
Richard Liu Qiangdong announced that he will donate 62.4 million to the class B sector during the New Year holidays.
Richard Liu Qiangdong , founder and CEO of Chinese e-commerce giant JD.com , is donating more than $ 2.2 billion to charity, making him the latest Chinese billionaire to donate an unprecedented amount. This donation from Liu responds to President Xin Jinping ‘s call to improve common prosperity due to concern about wealth inequality.
Other big names in the technology sector who have joined this initiative are:
Alibaba Group Holding , Tencent Holdings (China’s largest video game and social media company), Colin Huang of Pinduoduo , Zhang Yiming of ByteDance , Lei Jun’s Xiaomi and Wang Xing of Meituan . (south china morning post )
