Tag: Capitalize

ETF Strategies That Capitalize on the Post-Coronavirus Economy

Investors can consider targeted exchange traded funds strategies to take advantage of how COVID-19 is accelerating changing behaviors.

In the recent webcast, Accelerating Natural Selection. Investing in a Post-COVID World Economy, David Mazza, Managing Director, Product, Direxion, pointed out that working at home has already been occurring over the years, but the coronavirus pandemic and subsequent Great Shutdown only accelerated the trend. Prior to the COVID-19 pandemic, 5.7% of US employees worked entirely from home. About 43% of employed Americans already spend at least some time working remotely, and 8 million U.S. workers already work at home full-time. Looking ahead, 75% of Fortune 500 CEOs say they plan to accelerate the technological transformation of their companies, and about 54% of companies plan to make a remote work option permanent.

The remote work theme may also be an excellent way to recruit workers moving forward. According to a recent Deloitte

Read More

Dada Group and Yili Group Strengthen their Partnership to Capitalize on Business Opportunities in On-Demand Online Retail

On September 24th, Dada Group (Dada Nexus, NASDAQ: DADA), China’s leading local on-demand delivery and retail platform, and Yili Group (“Yili”), the largest and most comprehensive dairy products company in Asia announced newer, improved, and more integrated terms of their strategic business partnership. Philip Kuai, Founder, Chairman and CEO of Dada Group, and Yunlong Guo, Vice President of Yili Group, signed the amended cooperation agreement at Yili’s headquarters in Hohhot. The leadership of Yili’s liquid milk, powdered milk, cold drinks, yogurt, health drinks and cheese divisions also participated in the signing.

Dada and Yili have a history of close cooperation starting from 2017. Since then, Dada’s local on-demand retail platform, JDDJ, has pioneered the revolutionary model of “one-hour live shopping,” which combines “live shopping” and “one-hour delivery” and has become one of the fastest-growing mediums for Yili’s sales.

During their partnership, Yili has fully participated in many of JDDJ’s events,

Read More