Walmart breaks down how the coronavirus has hit its $10 billion business in China - Business Insider

Tingshu Wang/Reuters

Right now, Biggs said he is anticipating the outbreak to have "negative impact" to the tune of just a few cents for Walmart in the first quarter. But while Walmart's leadership said the coronavirus would likely have a small negative impact on its first quarter, it's too early to know the outbreak's impact beyond that.

"We like to keep stores open," McMillon said. "Customers need us. We do it with hurricanes in the US. We're doing it with this situation in China." According to McMillon, Walmart's partnership with Dada-JD Daojia has proved crucial as Chinese customers rely on"Delivery's gone up even higher, as you would guess," McMillon said.

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Jeff Bezos says he's giving $10 billion to fight climate change - Business InsiderThe richest man in the world is giving about 7.7% of his $129.9 billion net worth to launch the Bezos Earth Fund, he announced on Instagram on Monday. Here comes the criticism He must give me 0.1% of his wealth. My problems would go away. That’s great. Now we’ll just wait for him to announce his run for president in 2024
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