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TikTok is donating $375 million to COVID-19 relief

Of that sum, $250 million will support health care workers, teachers and communities affected by the pandemic

The popular short video streaming app TikTok is doing their part to fight the coronavirus by donating ad space as well as funding relief efforts.
The popular short video streaming app TikTok is doing their part to fight the coronavirus by donating ad space as well as funding relief efforts.
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TikTok is pledging $375 million to help fight the global COVID-19 pandemic, the company announced Thursday.

Of that sum, $250 million will support health care workers, teachers and communities affected by the pandemic. The company is giving $100 million in ad credits and $25 million in ad space to help spread accurate public health information and help businesses rebuild.

“We want to magnify all we are seeing across our community and translate it into concrete relief for those most affected by this crisis,” Alex Zhu, the president of TikTok, said in a press release.

The $250 million going to workers on the frontlines will be divided into multiple relief funds, TechCrunch reports. A large portion of it — $150 million — will go to the Health Heroes Relief Fund. In addition, $40 million will be put in TikTok’s Community Relief Fund, and $50 million will be sent to promote socially distanced education. TikTok will match another $10 million in donations from its users.

Earlier this month, TikTok donated 400,000 medical hazmat suits and 200,000 masks to help protect health care workers in India.

TikTok’s donation marks one of the largest amounts given by a major tech company to fight the virus, Business Insider reports. Facebook has pledged $220 million and Amazon CEO Jeff Bezos pledged $100 million of his own personal funds. Google, meanwhile, donated $800 million, and Jack Dorsey, the CEO of Square and Twitter, has pledged $1 billion of his Square equity toward COVID-19 relief.