May 14, 2008 – Beijing – Alibaba Group announced today that it will contribute funds and assistance to help support victims of the May 12 earthquake in China. To help raise money for relief victims, Alibaba Group is cooperating with several relief organizations including the Chinese Poverty Relief Foundation and the Red Cross Society of China. Through its websites, Alibaba Group is helping raise awareness and allowing people to contribute funds to relief organizations through its Alipay online payment service, of which there are more than 80 million members. Alimama is allowing small and medium-sized websites across China to contribute advertising inventory on their sites for which the proceeds will be used to fund relief efforts. In addition, Alibaba Group has pledged US$300,000 of funds under its own name, is encouraging staff to contribute funds, and organizing its staff to donate blood.

Alibaba Group encourages members to visit the relevant sections of its websites to learn more about how they may contribute to relief efforts.