This is how the owners of TikTok are helping fight the coronavirus

Studies have shown how Chinese businesses typically respond quickly to crises and with innovative solutions and agility. Agility is about linking hyper-awareness with decision-making and decision-making with action – all at speed. In a clear demonstration of agility, Huanxi decided to fundamentally change its distribution approach and turned to an unlikely partner: ByteDance. ByteDance is the Chinese company behind the blockbuster app TikTok along with a number of native Chinese apps like DouyinJinri ToutiaoXigua Video and Huoshan Video.

Read More: World Economic Forum