Leading tech companies' donations towards COVID-19 2020

The internet giant Google has made total donation of more than 900 million U.S. dollars to support businesses, organizations and healthcare workers to combat the novel coronavirus (COVID-19) - most of the donation will come in form of ad grants and ad credits. The COVID-19 pandemic has had a global impact on many different industries. Over the past weeks, many of the leading technology companies have announced financial contributions in support of resolving the COVID-19 worldwide crisis.

Cisco

The networking equipment giant Cisco planned to dedicate 224 million U.S. dollars in cash and service to support different causes combating the outbreak.

Facebook

Facebook would donate around 20 million U.S. dollars to support relief efforts for the virus. In addition, the leading social network company launched a 100 million U.S. dollars fund, divided between small businesses in 30 different countries to help them stay afloat.

Netflix

Netflix established a 100 million U.S. dollars fund for cast and crew on productions halted by the COVID-19 pandemic. An additional 15 million U.S. dollars is set to be distributed among third parties in the countries where the company has a large production base.

Amazon

Amazon's one-million donaton would be split among four foundations in Washington D.C. supporting the vulnerable during the crisis. Being one of the few businesses growing during the coronavirus pandemic, Amazon announced a 25 million U.S. dollars relief fund for its network of independant Amazon Flex drivers, as well as 50 thousand dollars worth of supplies to quarantine housing. Another one million was donated to a new Seattle Foundations fund for members affected by the pandemic.

Apple, Microsoft & others

Alongside Apple sourcing supplies needed by healthcare workers, as well as donating millions of masks, the company will donate 15 million U.S. dollars as a COVID-19 response. Microsoft's donation to the COVID-19 Response Fund amounted to 6.9 million U.S. dollars. A number of other tech giants contribute to the pandemic handling, including Tesla's CEO Elon Musk's donation of 1,200 ventilators.

For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated Fact and Figures page.

Leading tech companies' financial contribution towards the novel coronavirus (COVID-19) response in 2020

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Source

Release date

April 2020

Region

Worldwide

Survey time period

April 2020

Special properties

Selected technology companies

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