Chinese tech firms are helping the effort to battle the outbreak
Posted On February 5, 2020
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Leading tech companies in China, including Alibaba, Tencent and Baidu are ramping up efforts to fight against the intensifying epidemic. Cainiao (backed by Alibaba) and JD logistics both provide logistical support on interprovincial medical supply delivery. Traumatically affected by the daily business suspension, small business owners in Hubei were offered 10% reduced interest rate loans by Ant Financial. Bytedance has waived the fee for all the features on its enterprise management and productivity app Lark to registered companies to support telework across the country. (Wenhui)