Caixin
Nov 30, 2016 07:36 PM
CHINA

Online Donation Services Lead to Spike in Individual Charitable Giving

Illustration by Xu Yuanyuan
Illustration by Xu Yuanyuan

(Beijing) — Individual philanthropy in China is on the rise thanks to the growing popularity of online donation platforms, the state-backed China Charity Alliance (CCA) said.

A 127% increase in small-scale donations made via China's top four online donation platforms last year was a major driver fueling this trend, the CCA said on Tuesday. Over 966 million yuan ($140 million) was donated through the top four platforms run by internet giants Sina Weibo, Tencent Holdings Ltd. and Alibaba Group Holding Ltd. subsidiaries Ant Financial and Tmall.

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