- alibaba group holding ltd BABA The Alibaba.com business unit has added four program partners to it Manifest Scholarship Program.
- The Manifest Grants Program, designed to support US-based small and medium-sized businesses, has committed $750,000 to help new entrepreneurs navigate e-commerce channels, set up in partnership with Hello Alice.
- Partners involved in the Manifest Grants Program include Black Entrepreneurs Day, Indiegogo, Payoneer Global Inc PAYOand AMZScout.
- also read: JD.com founder settles out of court over rape allegations
- The organizations will provide resources, educational opportunities and marketing tools to Alibaba.com Manifest Grants Program applicants and fifty grantees to help grow their businesses.
- In 2021, Alibaba.com selected fifty small companies from a pool of more than 12,000 applicants to receive the grants, of which 80% were black and 78% of the winning companies were founded by women.
- Price promotion: BABA shares are trading up 3.48% at $83.25 on the latest check Tuesday.
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