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3 Feb 2020

Business Today (India)

Apple, Alibaba Founder and other Chinese companies donate funds to support coronavirus treatment efforts

"From Jack Ma to Bill Gates, billionaires donate funds to create coronavirus vaccine", 30 January 2020

China's second-richest man and Alibaba founder Jack Ma has donated 100 million yuan ($14.4 million) to help invent a vaccine for coronavirus...the...billionaire has earmarked 40 million yuan ($5.8 million) for two Chinese government research organisations. The remainder of the funds will be used to support "prevention and treatment" measures...  

...Huawei, e-commerce company Tencent Holdings, TikTok owner ByteDance, ride-hailing giant DiDi, search engine Baidu and food-delivery firm Meituan-Dianping are other Chinese firms that have donated funds to coronavirus treatment efforts.

Pony Ma's Tencent has donated 300 million yuan of goods and will provide mapping and data services; Didi Chuxing is ferrying medical workers in designated vehicles across certain cities.

Bill Gates' Bill and Melinda Gates Foundation has committed $10 million aid... Apple CEO Tim Cook also announced on Twitter that..."...Apple will be donating to groups on the ground helping support all of those affected."...