Social-video company, TikTok has just pledged to donate $250 million in funds to support coronavirus relief efforts. In addition, $125 million worth of avertising credits have been added to the platform.
In a statement, TikTok president, Alex Zhu said, “We are committed to playing our part in that global outpouring of mutual support and giving.” He added, “We want to magnify all we are seeing across our community and translate it into concrete relief for those most affected by this crisis.”
TikTok has also just established the TikTok Community Relief Fund which will grant $40 million in cash to organizations for musicans, artists, nurses, families, and educators.
The platform follows the efforts already made by Google, Apple, and Facebook.