The corporate world has coughed up a record $1.3 billion to help fight the coronavirus pandemic, most coming from the United States and China.
The total is some three to four times what philanthropies chipped in to fight Ebola and help in the aftermath of Hurricane Harvey in 2017.
Source: Candid
Candid, which charts global giving, said in an update, “China and the United States, which accounted for 84% of pledges and 97% of dollar value, now make up 80% of pledges and 90% of dollar value.”
U.S. donors include the Gates Foundation. Chinese donors included Alibaba and founder Jack Ma.
New to the list are several South Korean firms, including Samsung and Hyundai Motor Company.
