Floods in central China: Alibaba, Tencent, ByteDance and Meituan rush to donate to relief efforts


The rush of donations comes as China’s tech companies are under scrutiny for putting profit ahead of social responsibility. Video clips of muddy water washing away cars and people on the streets of Zhengzhou, a city of 10 million, went viral on Chinese social media on Wednesday. — SCMP

China’s largest tech companies, including Alibaba Group Holding and Tencent Holdings, are rushing to announce donations amounting to almost 1bil yuan (US$154mil or RM654.43mil) to flood relief efforts in central Henan province where heavy rains have killed at least 12 in the capital city of Zhengzhou and displaced over 100,000 throughout the province.

Alibaba, the owner of the South China Morning Post, has announced a 100mil yuan (US$15.4mil or RM65.44mil) donation to Henan. Its payment affiliate Ant Group will also donate 100mil yuan (RM65.44mil) while founder Jack Ma’s foundation said it will give 50mil yuan (RM32.72mil).

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read