The coronavirus pandemic is unlike anything Chinese companies have experienced. As demand for nonessential consumer goods plummeted, businesses struggled to stay afloat.
But amid the current economic woes, a handful of technology companies are thriving. The millions of people sheltering in place sparked unprecedented surge in online gaming, remote office, e-commerce and e-learning platforms.
Its no surprise that the coronavirus is accelerating the long-term growth of China’s online businesses. During the SARS epidemic, online retailers like Alibaba and JD.com rapidly expanded their consumer bases. Today, they are the largest online retailers in China.
COVID-19 has devastated whole communities in China and across the world. Yet, not all is despair. The disruption has been a catalyst for the tech world, particularly some of China’s biggest names. These companies have also provided valuable technological support in China’s battle with the virus.
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