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BABA-W Launches 1st Batch of $20M Disaster Relief Donation
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BABA-W (09988.HK) announced on its official Weibo account that it initiated an initial donation of $20 million to support transitional housing, supplies of daily necessities, emotional counseling and others for victims of the fire at Wang Fuk Court, Tai Po.

Furthermore, Cainiao, BABA-W's logistics group, is mobilizing nearby supplies such as food and bedding to the disaster area.

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