A host of corporate and government-backed initiatives have been launched to tackle the coronavirus that develops into the Covid-19 disease. In a global, fast-moving pandemic, this can only be a snapshot of the efforts at the end of March 2020.
Tencent announced the launch of the Global Anti-Pandemic Fund, a $100m programme, having previously set up a $211m Anti-Pandemic fund to support healthcare workers in its native China.
Martin Lau, president at Tencent, said: “We are facing this challenge together and Tencent is committed to supporting the international emergency response.”
China’s second-richest man and Alibaba founder Jack Ma has donated RMB100m ($14.4m) to help invent a vaccine for coronavirus.
Alibaba is lending nearly $3bn to small companies and covering purchases…