TikTok pledges $375M in support of COVID-19 relief efforts
Illustration by Alex Castro / The Verge
TikTok has announced a series of relief funds and initiatives to support those fighting the COVID-19 pandemic, and to help other individuals and organizations struggling with its impact. In total, the company is pledging $375 million; including $250 million in funds, $100 million in ad credits, and $25 million in ad space for public health information.
The $250 million in funding is split into a couple of different relief funds. There’s the Health Heroes Relief Fund ($150 million), which will provide money for medical staff, supplies and hardship relief for healthcare workers. Then there’s its Community Relief Fund ($40 million) which provides money to organizations helping communities that have been hit hard by the health crisis (TikTok…