Coronavirus (COVID-19) has significant business and economic impact. At Intellizence, we monitor business signals in thousands of global companies every day, to deliver actionable insights. We highlight the COVID-19 business impact trends for April 2020 in a concise brief.
COMPANIES PIVOT TO COVID-19 FOCUSED PRODUCTS AND SERVICES
Shift to contactless deliveries
Medical supplies/Grocery delivery
Drones, robots and autonomous vehicles
Restaurant chains cross-sell groceries
Fashion brands to make face masks, medical gowns
Automobile companies are retooling to manufacture PPEs, Ventilators
The number of IPOs is low in April 2020
Startups building COVID-19 focused solutions are getting funded
Companies are raising debt financing, selling additional shares, divesting non-core assets to extend the runway
Companies are preparing the workplace for maintaining social distancing
Companies are considering regular testing of employees and extending work from home permanently
For further trends related to Merger & Acquisition, Pricing, Lawsuit, Cyber-attack, Regulations, Layoffs, Hiring, and many more.