Jack Ma, the billionaire co-founder of e-commerce giant Alibaba, announced Friday that he plans to donate 500,000 coronavirus test kits to the U.S. as well as 1 million face masks.

"Drawing from my own country's experience, speedy and accurate testing and adequate personal protective equipment for medical professionals are the most effective in preventing the spread of the virus," Ma, who is the richest man in Asia, said in a statement posted to Twitter.

"We can't beat this virus unless we eliminate boundaries to resources and share our know-how and hard-earned lessons," he continued.

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Through a donation of 500,000 testing kits and 1 million masks, we join hands with Americans in these difficult times. pic.twitter.com/tGviVhC6Gx — Jack Ma Foundation (@foundation_ma) March 13, 2020

"We hope that our donation can help Americans fight against the pandemic!” the statement also read.

The donation comes as many have complained that testing in the United States isn't moving fast enough.