The 2020 Mobile World Congress, originally scheduled to be held in Barcelona, Spain at the end of February, is now officially canceled due to the new coronavirus outbreak.
Nike, Adidas, and Capri Holdings, owner of luxury brands Versace, Jimmy Choo, and Michael Kors, have all warned investors this week that as the coronavirus grips China, sales could take a hit.
Many of China’s unicorn companies, responsible for the creation of China’s formidable logistics system, have assisted in various emergency initiatives.
Many have compared the 2019-nCoV outbreak to the 2003-SARS epidemic. Indeed, the two unfortunate public health crises have a great number of similarities, from the culprit of the virus to the symptoms and the timing of outbreaks.
As of February 2, Tesla temporarily shut down its stores in mainland China as the novel coronavirus worsens, according to a news report by CNBC on Thursday.
Researchers from the Wuhan Institute of Virology, a top center studying viruses, have applied to patent a drug made by US company Gilead that could help with treating the coronavirus.
As the outbreak of the Wuhan coronavirus becomes an international crisis, the Chinese tech industry is forced to get creative in finding solutions to avoid direct human interactions.
Suning-owned PP Sports has experienced a meteoric rise in traffic over the coronavirus period, during which the content on the platform is free of charge.
Airbnb today announced on its WeChat public account that the company would set up a $1,000 000 fund to support Chinese Airbnb users during the Wuhan coronavirus outbreak.
Ever since the outbreak of the coronavirus, pictures of bat soup were circulated on social media, bringing along with it a chiroptophobia (fear of bats).
Experts are currently foreseeing a decline in China’s economic growth to roughly 5.6% from the already relatively low 6.1%, which will bring global economic growth down by 0.2%.
According to foreign news reports, due to the new coronavirus epidemic, Samsung Electronics and LG Electronics decided to suspend some of their operations in China until February 9.
