Facebook offers $100 million to virus-hit small businesses in 30 countries

FACEBOOK. In this file photo taken on October 23, 2019 the Facebook "like" sign is seen at Facebook's corporate headquarters campus in Menlo Park, California. File photo by Josh Edelson/AFP

SAN FRANCISCO, USA – Facebook said Tuesday it was offering $100 million to help small businesses in 30 countries cope with the economic impacts of the coronavirus pandemic.

The social networking giant said it will be giving cash grants and ad credits to as many as 30,000 enterprises.

"We've listened to small businesses to understand how we can best help them," chief operating officer Sheryl Sandberg said.

"We've heard loud and clear that financial support could enable them to keep the lights on and pay people who can't come to work."

– Rappler.com