Alibaba founder1 Jack2 Ma and his business partners have donated 560 million yuan (82 million U.S. dollars) to a hospital in east China's Zhejiang Province.
阿里巴巴创始人马云和他的商业伙伴向浙江一家医院捐款5.6亿元人民币(8200万美元)。
Of the money, 300 million yuan is from the Jack Ma Foundation, 100 million from Alibaba Group, 110 million from the group's 17
founders3 and partners, and 50 million yuan from Yunfeng Capital, a private
equity4 firm co-founded by Jack Ma and Target Media founder David Yu.
The money was donated to The First
Affiliated5 Hospital of Zhejiang University Friday, and will be used for training, research and development (R&D).
Wang Weilin, president of the hospital, said the money will help improve the hospital's services.
Zhejiang University and Alibaba Group
previously6 signed a strategic cooperation agreement on frontier technology, such as artificial intelligence, medical health, big data and social sciences.