The Coronavirus (COVID19) has paused the world economy. Various Lockdowns and isolations imposed by the governments have almost ceased the physical movements. Because of this, thousands of companies around the globe are in a serious crisis of existence. But there are some companies for whom this pandemic is a bliss. They are proving that “Hard time is sometimes a blessing”.
Here is the list of some companies that are making plenty of money during this global crisis.
1. Video Conferencing Apps
People cannot go to school, office, job or anywhere. So what to do? Video conferencing apps like zoom, skype are being the best alternatives to continue the work. They are, in fact, proving the fact that “Where there is a will, there is a way”. These apps are really taking off since people are going virtual.
2. Video Games:
Who doesn’t love games — whether it is messenger ludo or final fantasy on the desktop — especially when there’s nothing specific to do? Away from work, people are seeking diversions that do not involve travel and human contact. And that’s big news for the video game industry. In data, global mobile game downloads shot up by 39% in February 2020.
3. Food delivery companies:
Well, lockdown doesn’t stop you from being hungry. Facebook and Instagram are full of people showing their creativity and skills for making special foods with their loved ones. And when physical contact is not a good idea, food delivery companies are making their best sales in this crisis. In Britain, Amazon Fresh and Ocado would represent the most obvious companies to benefit the most with competition provided by big supermarkets like Tesco, Morrison. For the “foodies”, these are services are heavenly in this critical situation.
4. Home fitness companies:
Eating food without having any physical activities will cost you serious health issues like obesity, heart disease, high blood pressure, and diabetes. All that time spent cooped up indoors is likely to leave many people in need of brisk exercise. When going to the gym is not possible, people are seeking the help of youtube and various specific websites to get started for physical workout. For instance, Step forward Peloton Interactive, the provider of live-streamed workouts to millions of bedroom fitness enthusiasts. So go and start burning your calories if you did not think it before.
5. Online Streaming services:
Did you wish to watch your favorite series but could not make it for not having enough time? If so, you can use your indefinite free time of quarantine to fulfill those wishes like other millions of people on the planet. Video streaming services including Netflix, Disney Plus, HBO max is also well insulated from the COVID19. Just like videogames, these services are taking advantage of people bored inside the home.
If you look closely, you can see that all the above companies and services wouldn’t exist if there was no Internet. But because of global connectivity, the Internet has made these services the most powerful even in this uncomfortable situation. There is no doubt that the Internet is shaping the world and it will do it more effectively in the future.