The Alibaba headquarters in Hangzhou. The company has said it wants to make sure ‘funds get into the hands of the enterprises that need them’. Photo: AFP
Alibaba
Alibaba unveils relief measures for online merchants affected by coronavirus outbreak
- Measures range from service fee exemptions for online merchants on Tmall to discounted loans offered through MYBank
- Alibaba to subsidise chain restaurants forced to shut, as well as its supply chain and courier businesses
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Alibaba
The Alibaba headquarters in Hangzhou. The company has said it wants to make sure ‘funds get into the hands of the enterprises that need them’. Photo: AFP