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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Coronavirus has hit travel companies the hardest. One recounts what it’s like to be in the middle of the crisis.
Editor's note: We don’t have a paywall for most of our stories on Coronavirus and its impact. Support us and subscribe here. These are very difficult times. Saving lives is the topmost priority. So it is understandable that a lot of focus is on social distancing and isolation to stop the rapid growth of the novel coronavirus. Already, the number of infections outside China, where the virus originated, is peaking at an alarming rate. So much so that Europe is now being viewed as the new epicentre of the pandemic. But even as all of this has been happening, voices are starting to emerge on the impact of the coronavirus on the economy, and on companies. Public markets across the world are volatile, and depending on who you ask, you’ll get a version of hope or doom. Along with the aviation business which clearly is reeling from the frontal impact of travel bans, I think travel companies, many of whom are dependent on people moving around for work or leisure, are the worst hit. Last week, I reached out to one of …
Coronavirus has hit travel companies the hardest. One recounts what it’s like to be in the middle of the crisis.
Editor's note: We don’t have a paywall for most of our stories on Coronavirus and its impact. Support us and subscribe here. These are very difficult times. Saving lives is the topmost priority. So it is understandable that a lot of focus is on social distancing and isolation to stop the rapid growth of the novel coronavirus. Already, the number of infections outside China, where the virus originated, is peaking at an alarming rate. So much so that Europe is now being viewed as the new epicentre of the pandemic. But even as all of this has been happening, voices are starting to emerge on the impact of the coronavirus on the economy, and on companies. Public markets across the world are volatile, and depending on who you ask, you’ll get a version of hope or doom. Along with the aviation business which clearly is reeling from the frontal impact of travel bans, I think travel companies, many of whom are dependent on people moving around for work or leisure, are the worst hit. Last week, I reached out to one of …
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
Aggressive summer deals are being rolled out to make up for the slump in arrivals; Coinbase is setting up a new tokenization hub, and other updates.
In less than two years, the instant delivery startup that puts quality above all else has attracted marquee VC investors, earning a valuation of $255 million. How far the niche bet will take it is anybody’s guess.
A churn in venture capital collides with the fear of missing the AI wave, while the Ajay Singh-led airline’s recurring crises raise deeper questions.
Aggressive summer deals are being rolled out to make up for the slump in arrivals; Coinbase is setting up a new tokenization hub, and other updates.
