The coronavirus pandemic has created a great opportunity for many women to start the business they had always wanted and its “snowball effect” will inspire more female founders to take the leap and begin their entrepreneurial journeys, says an expert. “We are seeing a massive influx of women trying to start their businesses, having…
Germany is considered a success by European startups when it comes to crisis management and resilience in the ongoing COVID-19 pandemic, according to the initial results of a survey by Startups & Places. The annual survey, which was launched in June 2020 and is still open, aims to map and share the most significant trends…
The shared mobility industry has very quickly lost both passengers and profits as a result of the coronavirus outbreak but it can make a strong comeback with the right strategies, says McKinsey & Company. “Consumers are indeed wary of shared mobility, given the risk of viral infection, and mobility-service providers (MSPs) must take decisive…
Asia-Pacific will remain the retail industry’s growth engine in the post-corona world. Retailers need to prioritize action in several key areas if they want to gain a sustainable edge over rivals, analysts from consulting firm Bain said in a recent report. According to the report titled “The Future of Retail in Asia-Pacific: How to Thrive…
Executives in North America and developing markets have become less hopeful about their countries’ economies, while Leaders in China and India are growing more upbeat, according to McKinsey & Company. A July survey of more than 2,000 global executives by the global consulting firm highlights the magnitude of the challenges triggered by the coronavirus pandemic,…
Aside from delaying personal trips and vacations, the sudden halt of global travel during the coronavirus pandemic has had a major impact on companies whose workforces used to travel frequently as well as airlines and hotels that depend heavily on revenue from corporate travel. At times of uncertainty like now, it is difficult to predict…
Last year around this time, tech enthusiasts were preparing themselves to travel to Lisbon to attend Web Summit—one of the largest annual gatherings of entrepreneurs and investors in the world. But much has changed since last year. The world has turned almost upside down by a virus that is responsible for an unprecedented pandemic with…
Short-time work policies hold the promise of helping countries combat the economic crisis caused by COVID-19 if they are aided by high uptake, generous wage replacement, incentives, and higher flexibility, says an economist. Michael Wolf from the Deloitte Global Economist Network cites short-time work—sometimes called a work-sharing program—as a policy that has gained considerable popularity…
The coronavirus pandemic has caused a pivot toward smaller influencers as they seem to be offering more value considering budget limitations, according to a recent study. Socialbakers’ State of Influencer Marketing Report shows that about 40% of all brand cooperations over the last 16 months were with small influencers who have 10 to 50k followers….
If you hadn’t heard of TikTok before, you probably have by now as the Chinese-owned video-sharing platform is entangled in a storm of controversy involving U.S. President Donald Trump and software giant Microsoft. The app, where users can create 15-second clips to catchy songs, has been snowballing in popularity, and, according to multiple statistics sources,…
