Buy online education, live-streaming stocks
More people staying home — under quarantine orders or just to avoid going out — has boosted online entertainment. Downloads and views of online games, fitness apps and live-streaming platforms have all surged, according to reports. "E-commerce would further gain market share from offline driven by the dramatic reduction in consumers' outdoor activities. WFH , remote service and other flexible arrangements ensure little impact on products and service provided, with only logistics as a hurdle in the short term," Credit Suisse wrote in a report last week. "Live streaming and on-line entertainment are gaining good momentum, if right provided.
Beauty blogger Austin Li Jiaqi speaks with a dog on his lap while livestreaming on the e-commerce platform Taobao on October 26, 2018 in Shanghai, China. The 27-year-old Li, nicknamed "Lipstick Brother," is the hottest online beauty blogger in China.With schools shut, online education could be a good bet too, says the investment bank.
"Online education such as K-12 has become a must when schools are closed and also offer lower tier users to get access to best-in-class teachers in tier 1 cities," it said. Tier 1 cities in China refers to cities such as Beijing and Shanghai, while K-12 refers to education from kindergarten to grade 12., an online education provider in China
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Source: BusinessInsider - 🏆 729. / 51 Read more »
Source: BusinessInsider - 🏆 729. / 51 Read more »