The Alipay Foundation , the Alibaba women 's foundation , will head a billion ( $ 145 m ) investment in women 's healthcare in 2020 . Alipay said the deal was an extension of its successful two - year stint in Hainan province .
The Alipay Foundation, the Alibaba Group's charity, will head a CNY1bn ($145m) investment in women's football in China. Alipay said the deal was an extension of its successful two-year programme in Hainan province.