Which companies will come out even richer?

mothered · 08-03-2020, 04:55 PM

(08-03-2020, 04:32 PM)Canada Moose Wrote: Interesting. How long do you think before those two are kicked out ?

How long Is a piece of string?

It's Impossible to predict.

Nyx · 08-03-2020, 04:59 PM

Pretty much any company that has an unregulated monopoly wins from this pandemic such as Amazon for online shopping. Besides that, high margin companies like Netflix that really only have initial investment costs but little to no ongoing costs besides maintenance, they're in a position to win as their investments were made in a pre-crisis economy. As well, companies that use user generated content to create income win as the value of human free-time is extremely undervalued because of the quarantine.

Defeat · 08-03-2020, 05:51 PM

(08-03-2020, 04:42 PM)miso Wrote:
(03-19-2020, 02:02 PM)Canada Moose Wrote: Definitely Amazon, but which other companies do you think will profit greatly from this pandemic?

Quote:Amazon announced on Monday that it will be hiring 100,000 extra US workers to deal with the influx, as well as upping regular pay by $2 per hour.

Source: https://www.businessinsider.com/amazon-w...rus-2020-3
I'd say delivery-based businesses would come out even richer, Amazon is one but Uber Eats & Deliveroo are also delivery-based businesses, they are especially used to get food from some restaurant that only accept deliveries and brings your food to you. Im pretty sure they've made a lot more money compared to before the pandemic

Yeah you're right, maybe Skip too, idk though.

Jiggly · 08-04-2020, 05:04 PM

(08-03-2020, 04:59 PM)Nyx Wrote: Pretty much any company that has an unregulated monopoly wins from this pandemic such as Amazon for online shopping. Besides that, high margin companies like Netflix that really only have initial investment costs but little to no ongoing costs besides maintenance, they're in a position to win as their investments were made in a pre-crisis economy. As well, companies that use user generated content to create income win as the value of human free-time is extremely undervalued because of the quarantine.

I think this is really well said. It's easy to guess what companies are in demand right now, but that doesn't mean all companies will continue to make money post-lockdowns. Companies like Amazon and netflix are likely to continue, as people become used to using these subscription based services. When you build up a base of repeat customers and trust with consumers, those consumers are going to come back. It's a great chance for these companies to rope in new audiences.

Defeat · 08-04-2020, 07:11 PM

Any small businesses on the rise? That'd be worth looking into

mothered · 08-05-2020, 04:42 AM

(08-04-2020, 07:11 PM)Canada Moose Wrote: Any small businesses on the rise?

Those In the sanitizing Industry.

Our drivers at work, are Inundated with truckloads of deliveries for all types of sanitizing goods.

LORDSHIPXING · 08-05-2020, 05:02 AM

No luck for smal biznezmen like me.

Sad.

Oni · 08-05-2020, 05:24 AM

It's interesting if you look at the information for companies producing masks. I noticed Etsy's stock has shot up in the past 3-6 months (compared to previously). Not sure if that can be attributed directly to mask sales, but they're doing well.

mothered · 08-05-2020, 05:50 AM

(08-05-2020, 05:02 AM)LORDSHIPXING Wrote: No luck for smal biznezmen like me.

Sad.

It's terrible to say the least.

Owner-drivers who're contracted at my work and also to our customers, have stopped their operations- most with families to support.

Defeat · 08-05-2020, 07:22 AM

(08-05-2020, 05:02 AM)LORDSHIPXING Wrote: No luck for smal biznezmen like me.

Sad.

Sad indeed Confused