Episode 61 of Tech Buzz China is on K-12 edtech entrepreneurs, who are seeing their businesses grow instead of shrink in the wake of the coronavirus.
Tagcoronavirus
Bestore, a high-end snack store chain headquartered in Wuhan, listed on the Shanghai Stock Exchange on February 24.
As Chinese subways remain relatively desolate, Didi’s been the transportation option of choice for many Chinese who would much rather take the risk of riding a car with just one person than a subway cart with a dozen.
Data from app analytic platform App Annie revealed that the number of mobile app downloads has surged during the first two weeks of February in the Chinese mainland market
An employee of Dangdang was diagnosed with COVID-19, and all her close contacts in the company have been quarantined at home.
Comparing the current crisis to the SARS outbreak of 2003, some people argue that similar to how SARS boosted China’s e-commerce industry, the COVID-19 outbreak could also propel new innovations.
Apple announced that it would double the donations to support both the emergency medical response and the recovery of virus-affected communities in China.
On February 19, Bloomberg reported that China is considering taking control some of HNA Group’s airlines that have been unable to meet financial obligations.
Pinduoduo has launched its dedicated "Help the Farmers" channel on February 10, to match the demand from of users with products from over 12 million agricultural producers.
Chinese food delivery giant Meituan Dianping launched an unmanned delivery service to build a full chain of contactless service in food distribution.
Due to the coronavirus shutdown, Apple temporarily suspended stores and operations in China and experienced the second revenue miss.
Representatives of the Central Bank pointed out that even if approved, the loans will be far smaller than the 4 billion and 5 billion yuan sought by the companies.
The initiative is part of a Didi-coordinated cross-industry effort to contain the negative effects of the COVID-19 outbreak.
Among the many affected events, the Chinese professional basketball league is one of the major sports being disrupted.
Transparency and diligence of fan organizations could be what is missing from most Chinese philanthropy organizations, and their management skills definitely came in handy as the coronavirus hit Wuhan.