Digital consumer evolution

in Project HOPE6 years ago

How a pandemic led the world to start shopping on Alibaba (FT)

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Driven by the immense demand for protective gear, Alibaba has emerged as a crucial middleman between Chinese factories and global buyers.

In Spain and Italy, traffic to the company’s AliExpress site increased yoy by 20% and 14% respectively in Q1 2020.

Music streaming during pandemic boosts Spotify paying users (FT)

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  • Spotify reached 130m paying subscribers in Q1 2020 (consensus was 129m) – an increase of roughly a third from last year.

Deliveroo cuts ~15% of staff as coronavirus challenges food delivery (TechCrunch)

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  • UK food delivery startup Deliveroo has confirmed it will be cutting 367 staff (c. 15% of its global headcount) and furloughing a further 50 due to the coronavirus crisis, stating that the public health emergency has put pressure on the business to reduce long-term costs.

In-home passive monitoring can help seniors stay independent (mobi health news)

  • A study on key design points for health monitoring systems designed to facilitate “aging in place”.

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In Spain and Italy, traffic to the company’s AliExpress site increased yoy by 20% and 14% respectively in Q1 2020.

This is huge i mean seriously. actually chinese people know how to do business. Such a informative news you have shared @vlemon . keep on ☻

Not bad indeed, it might get them started in Europe as they are having trouble versus Amazon in the Old continent 😅

Incredible, but people are looking for options that allow them to avoid person-to-person contact, that implies a lot of risk at the moment and these companies know how to take advantage of these opportunities.

Couldn't agree more and for the less online companies : Adapt to survive !

There will be new ideas in every situation because human are gift with smart brains. The invention of plane, internet, AC is a way to solve a problem at the time of invention.,

Dear @lebah,

Thank you for your comment and indeed, Humans have always found a way to adapt and move on ! Until now 😄 at least.

Best,

@vlemon

That's what a pandemic of this nature is capable of doing. More businesses may have to move online to stay afloat for this period.

True my dear @gandhibaba,

Also, the one full-online can onboard new customers without a lot of marketing 😃

@vlemon online business is another key to success , as the consumer spending is changing day by day.

Indeed my dear @adityajainxds (could you make a more difficult name haha), I think COVID19 is just accelerating it.

Best,

@vlemon

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