Alibaba to offer $2.8 billion in loans to businesses amid coronavirus outbreak

Posted: Updated:

Alibaba will offer $2.8 billion in loans to businesses struggling since the coronavirus outbreak.

Nearly 150 million smart speakers were purchased around the world in 2019 -- a 70 percent increase from 2018.

Apple says it does not expect to meet its expected second-quarter revenue, as the coronavirus has led to lower demand in iPhones in China and disrupted the company's supply change.

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