Tag: covid-19

US video game sales have record quarter, as consumers stay at home

New numbers from NPD confirm what we’ve known for a while: the first quarter of 2020 was a very good one for gaming companies. The new report notes that sales hit a record $10.86 billion in the States between January and March of this year, marking a 9% increase over…

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Indian food delivery startup Zomato cuts 13% of workforce

Zomato, an India-headquartered food delivery startup, is cutting 13% of its workforce as it looks to reduce cost and tide the coronavirus crises that has made many cautious about ordering food online. The 11-year-old firm did not disclose the exact number of people it was letting go, but the number is…

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How do companies get back to the office? Even to the pros, it remains a big question

Months into this global pandemic, many questions remain about whether and when companies of all sizes will return to their offices and what will be required of the move. The future is so unclear that even people steeped in the real estate industry don’t have all the answers — though…

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Forerunner Ventures’ Kirsten Green demystifies the COVID-19 consumer

“In general, the consumer has proven to be more resilient than I would have thought,” said Kirsten Green, founder of Forerunner Ventures, which has investments in breakout D2C stars like Glossier, Hims and Bonobos. She joined us for an Extra Crunch Live conversation to help us better understand buying habits…

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Amazon is mass-producing face shields to sell to frontline workers

While Amazon has been busy handling employee protests, warehouse closures, investigations and an uptick in demand, employees have been working behind the scenes to develop face shields for frontline workers. To date, Amazon has donated nearly 10,000… Source

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Parenting benefits company Cleo partners with UrbanSitter to address the US childcare crisis

Parenting benefits company Cleo is partnering with on-demand childcare service UrbanSitter to address a problem facing many parents today amid the pandemic: a lack of childcare, even as they’re required to return to work. With summer camps, daycares and schools shut down for the months ahead, parents who need to…

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