Topic: Biggest winner during COVID? - page 11. (Read 5148 times)

judging something of an advantage in a pandemic is not really realistic, but if that is what you want to know, it is clear what the colleague above said is very true.
- Medical Equipment Manufacturers
all obviously in a state of confusion requires everything related to coping so as not to be infected, so that everything related to equipment is highly sought after and even many are looking for profit in the trouble of people looking for it. Masks, Hand Sanitisers, and Disinfectants need to be sought after.
- Online Shop
all forms of sales through online are highly sought after because of the needs of people who do not want to interact directly to avoid transmission.
- Online game
sought because to eliminate busyness at home because they do not know what else to do as long as the advice remains at home.
- Online gambling
if this is not clear to me but it could be because it is online based so it would be natural to look for it, but in my country gambling is strictly prohibited and I don't know it directly.

For me I think these are the winners:

1. Online selling websites like Amazon, eBay.
2. Telecommunication companies.
3. Banks - because many people are asking for loans for sure and we know how the banks are doing when there is a loan (as ColdFusion is stated in his youtube channel). Debt = New money.
4. In the future, the first ones who will successfully create a new vaccine or cure for the virus because for sure many countries will buy it.

I pay attention to the development of several sectors in the business world, there are those who benefit from this pandemic situation.
Like medical equipment manufacturers, online game developers, online gambling industry, and online shopping. All of the businesses that
I mentioned record earnings continue to increase, because it has a high demand. So the four business sectors that I mentioned were the
biggest winners in this pandemic situation.

Definitely the healthcare industry and the pharmacists have earned more than enough. They are charging ridiculous amount of fee from the common man, government often asked these hospitals to charge a reasonable fair but at the end of the day it's in their hands to decide.
https://www.newindianexpress.com/states/karnataka/2020/jul/01/burden-too-high-private-hospitals-charging-exorbitantly-claim-covid-19-patients-2163754.html
This is a news concerned to the country I belong to and I can verify since my family members also tried getting in for testing and their costs were very unreasonable.

At the same time they are coming up with new charges to increase the bills of the people out there.

At the same time I would like to share some things with you guys :

• Hospitals are charging 5 lakhs in advance which is equal to 6,654.21 United States Dollars
Some places are asking for 2000$ , prices are different but this is completely unreasonable considering the economy is down and plummeting , people don't have jobs how do they expect them to pay this much ?

•Some hospitals are outright denying admission in the hospital , you have to actually go through many people to find a place there

• People are expected to wear masks whereas the mask distribution is not done properly by the government , it's close to none !

•Some countries like Russia is blocking the medical supply to Ukraine for treatment of COVID-19 patients.

•Health insurance companies are declining the payment with respect to COVID-19

I don't think they should be even called winners , there guys are scammers who are right now in a time of need torturing people , this should be illegal.

That is true, as in my own area, the supply of media equipment and medicines, the demand for prices has risen, even 10x the appeal is making huge profits, whereas we ordinary people do not have jobs because of a pandemic, so to buy drugs for a week is very difficult because limited costs so that this is still a lot of difficulties for its citizens.
Indeed, until now medical devices are still needed with sufficient demand because infected with Covid-19 is still happening so for them this might be an advantage.

Like what you've said, tax collectors are only doing their job. All the taxes they gathered are not going inside their own pockets dude but to the fund of government. So if you really hate such thing then you should get mad on the government of your country, not to the collectors.

But going back to the main issue, here in our country, I also heard rumors about putting tax on the online sellers (What a coincidence, isn't it?) and even for those people who just barter trade (like wtf). Yeah! Very cruel if you would think but you know what I understand them somwehow. We should face the fact that the funds of our government is now depleting drastically, and take note, with only small amount entering in return. That's why we may think that they are now too desperate and doing crazy things just to earn funds faster.

So in this issue, I'll go neutral. Both side got good points. But I hope they can still think of better alternatives so that small people won't suffer further .

I guess those who were able to take advantage of the pandemic would be that business who is in demand during the crisis. Such as medical supplies manufacturer (face mask, alcohol, alcohol pads, medicine, toilet papers and etc.) Imagine the scarcity of these supplies during the first wave of the pandemic and how high the demand and limited the supplies are, not to mention the increase in price due to the scarcity of supply.

Maybe, the true biggest winner here during Covid-19 are those tax collectors.

Let's say that they are just doing their job to help the economy become stable and grow, but where is the humanity? They are still charging taxes from small business and even those online sellers, they are planning to get taxes from them.

Maybe, our tax collectors should consider some factors so that people will don't have a hard time do to extra work just to have a budget for their necessities. We all know that the government also have expenses due to the increasing number of cases, but they should review the laws that they are planning to implement because many small businesses are getting affected even those people who are using social media platforms just to sell their product. Hopefully, they will not take charges from their businesses so that their profit will not be reduced.

The worlds economy was not stable beforehand, virus as the trigger to a bigger move is unlikely to be done on purpose because its destroying markets not especially profitable for either side.   If I stack 10 glasses on top of each other in my elaborate display of skill, its not really the fault of whoever bumps into the table for it falling over.   Instability was apparent a year ago etc.   Its natural for negatives to occur, if the economy cant handle resets it wasnt strong beforehand either.    Likely we were over extended and with too much debt, its a mistake done dozens of times before and it cant really be a conspiracy when we all knew about and accepted it because who really likes repaying debt so we didnt.
   Theres no proven safe vaccine at present, if you want me to guess who benefits maybe south korea has all the elements of manufacturing and research to handle a cure and rebuild industry even within their own country.   I dont think they'd wish lower gdp figures over 2020 and 2021 and call it a win, I hope somebody gains and we can trade with them but I think the whole world might register negative GDP growth.

Demand for this speciality has grown significantly as a result of recent corporate scandals Because of the lockdown everything is closed and everyone is moving away from the social distance market. In this case, everyone's communication is being exchanged through social networks Everyone is consulting a doctor thinking about their own health care and the pharmacy is open when everything is closed In that case they have won more.

The health industry are really making some money at this time, but they are also the ones who are at risk, since they have to be out there tackling the virus and putting their lives at risk. There are also other people that are making money at this time. I think those that are affected the most are those into transportation, because people no longer traveling as they used to before, they are trying to avoid clustered spaces.


You mean online dating applications? Hmmm you’re right in a way, a lot of people are now making use of those apps, and social media app as a whole, such as the Facebook, Instagram, Twitter, Triller, Tiktok and a lot of them will now be having more audience, and that means more money for them.

Pharmacies are supposed to gain more benefits from this pandemic because this entails high sales but unfortunately, stocks at this moment are very much delayed due to corona virus and some of those essentials are even out of stocks. I believe online businesses have gained higher profits this time because most of the people nowadays are only making transactions online.

Calling it a pre-planned and man made virus is not appropriate because if the virus was developed and tested in labs and like you said maybe the vaccination was already prepared and being set to sell in the market once the situation becomes out of control then by now the vaccination would already be made available because I thin we already touched the peak of the pandemic and now the graph is actually expected to go down as there are certain countries and universities that have made some vaccines.

But really the way Chinese government has been quite about the virus is really troubling and suspicious because they could have saved a lot of countries had they earlier only informed about the possible danger when they saw it in Wuhan.

Vaccines are out now? I haven't read the official statement of WHO on that one, from now on I still need to hear confirmation than just rely on what's on my feed.

If vaccines are out for good, clinically tested and proven then it should be mass produced not only by the lab that found it, formula should be pass then talk about the money they have spent, no room for business I guess?

And vaccine acceptance should not be country based, What I mean is there should be no last resort, we are not going to mass produce it when it happens to be ineffective right?

Everything was down, not even the industry that we need during this time. Seems like there's no one winning, we are losing more actually.

the pharmacy industry will take alot benefit from this pandemic. they will produce more drugs that support body health. besides that there are still some sectors that gain profits such as online meting applications which is there will be a lot of people who will use it because of the work from home policy.

I do not want to comment on whether China had a part to be played with the situation we are in right now but I would actually focus on who are the real winners of this situation and for me the industry that profited the most from this situation is actually "Online Gambling". because online gambling has been not as popular and now when people are sitting home unable to visit local casinos and bored out of time they usually visit online casinos and it is my personal observation that the gambling market has benefited the most.


There are no real evidence to back your words and at the same time china will loose a lot of cross border trading because a lot of countries have now stopped to import products from china and actually a large part of the economy in china is being run by the level of export they do and the profits they make off it.

Its possible that they already have the vaccine but they want pharms everywhere to import from them for a price. They always want business. Pharmaceutical is the worse corrupt industry, its possible that they pharms are creating a low-quality vaccine to make it affordable but less efficient.

People from China do look at Xi Jinping as their almighty that whenever their government says something everyone obeys, they were tracking through the phones of individuals who are affected by the virus that is why its easy for them to contain it.

That is actually true because China looks now almost normal as I was watching yesterday League of Legends LPL version that is Chinese league and most of the players participating are Chinese while a few Koreans too. I was wondering why no one is wearing masks anymore and how they are so comfortable when they were the ones who got hit by the virus first time.

I mean yeah they might have taken great measures possibly to control the virus but still no one is able to organize events and you are the one who are able to do it with relatively much more ease. I don't think China did spread this virus intentionally and I am not accusing them but they surely have something which they might be hiding, which might be a vaccine they have developed but don't want to export yet.

It would really be a big money of anyone would able to discover the vaccine of this current virus we are battling on! This is why we do see lots of pharmaceuticals are trying out their best to discover the cure
because they do know on how big is the money would be generated for such discovery.Lots of industries did really make out some benefit out of this situation.Its not saying that they should be grateful but
it do only shows up on where it is mostly being used nor being suggested when it comes to remote manner since most people are inside of their own homes which means anything via online
can really be utilize up.

In my country the testing looks more like a bad joke than a real deal. All EU countries have bought tests but tyhere's not enough for all citizens so you have to be diagnosed first to be able to take the test otr you can pay for it. I've talked with a few doctors and they are unable to say whether someone qualifys for a free covid test or not.

They are to serve people admitted to hospitals first or those coming back from abroad. This means that if you have a headache and feel tired like you might be developing something you still can't get a free test and those paid ones are over 50 EUR each and you usually need to take 2 to be sure if you have it or not.

It looks like other parts of the EU are facing similar problems.

https://news.sky.com/story/coronavirus-thousands-of-laboratory-tests-coming-back-unclear-raising-prospect-of-damaging-delays-11992324

Not that I'm afraid of COVID but it would be nice if the government could give us access to free and working tests since we are all paying health insurrance, right?