Coronavirus Economy: These 5 Industries Are Currently Thriving
Nataly E. Yousef is an analyst with Pitango Venture Capital, one of Israel’s leading VC firms, where she conducts initial screenings of investment opportunities, maps and researches exit and emerging trends, and provides market overview. She first joined Pitango as an intern, helping develop impact measurement tools and methodology and working on the firm’s Impact First Investments.
Since late December, the novel coronavirus has affected worldwide travel leading to flight cancellations, quarantines, lockdowns, and other movement restrictions. The virus, which causes the disease known as COVID-19, has spread to over 150 countries and is now on every continent except Antarctica.
China has been the worst-affected so far with Hubei province’s city of Wuhan at the epicenter of the outbreak. Therefore, trends and disruption in several industries in China could serve as an example for the rest of the world.
In the midst of this pandemic and the surrounding economic implications, several opportunities are arising in specific industries and many of the companies in these fields are experiencing unprecedented growth. There is some division over whether this surge is temporary or whether it will lead to more sustainable and longer-term adoption of behavior.
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