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In this webinar we discuss who the COVID-19 winners will be, the trends they are riding and what are the winners doing differently.

Webinar: How to Be a COVID-19 Winner

The Chinese character for crisis is danger and opportunity. Every crisis produces winners, and today’s giants were yesterday’s survivors (Amazon, Alibaba, Zoom and hundreds of other examples). In this webinar we discuss who the COVID-19 winners will be, the trends they are riding and what the winners are doing differently.

When we say winners and losers of COVID-19, we want to highlight that the pandemic is a massive tragedy for health and for the economy. This is our humble attempt to help businesses – big and small – to come out stronger from this crisis.

topics Covered

What is the next normal

Discover the implications of COVID-19 towards businesses, and how businesses should reinvent and stay relevant

Where are the new opportunities

Understand the trends that businesses can ride on to become stronger

fundraising in the current situation

Companies now may not have enough cash runway as they think

How to communicate

Guidelines to increase your communication with all stakeholders

Key Takeaways

Everyone is talking about cutting costs, but beyond that, what should companies do?

COVID-19 is likely to push SMEs to reinvent their operating model, by impacting mobility, logistics, retail operations and supply chains and force fintech adoption at the same time. Even before the COVID-19 crisis, the digital economy was expected to grow very fast in Southeast Asia. The pandemic may accelerate the digitisation of some industries in Southeast Asia. This will create the perfect opportunity for businesses to leapfrog and adopt new technology solutions across the region.

What geographies can businesses expand to in the current situation? 

Many Southeast Asian countries have taken a big hit because of a loss of tourism dollars and the impact of lockdown on the economy. The countries that have the most potential are those which are impacted the least. Countries like Brunei, Malaysia and Thailand are optimistic and projecting GDP growth rate in 2021 to be better than that in earlier projections. Realistically speaking, our guests believed that Vietnam and Indonesia are placed strongly for a rebound.

What is one of the hottest sectors in the market now, especially during the pandemic?

Optimising consultation management in times of doctor scarcity, tele-medicine is a sector that has attracted large amounts of investment, even before the pandemic. Many different models will co-exist, however, sometimes inspired by large Chinese digital health platforms like Alihealth, WeDoctor, Ping An Good Doctor, DXY and others.

Is there any other vertical apart from healthcare that is hot?

Time spent on online education platforms (particularly kids’ education, as parents wanted to compensate for school closures) has increased massively during lockdown. This has translated to a spike in the amount of investment in Chinese online education by the end of the lockdown. Stay tuned for our webinar focusing on the education sector.

How can companies approach fundraising in the current situation?

The funding risk is real even as VCs are conserving capital due to the pandemic. Given that fundraising can take several months, companies now may not have enough cash runway as they think. It has also provided VCs the opportunity to wait it out or hunt for bargains. Having said that, if you are a founder, know that venture capitalists are still investing. The bar for getting a yes from an investor has risen and good companies are still raising money. Of course, startups in travel or offline retail will continue facing uncertainty from investors as well, while hot sectors such as healthcare, SaaS-based companies and EdTech will see more traction.

How should brands communicate during this crisis?

We have seen brands across the world pause marketing activity, pull back on advertising spending whilst they plan a way to best communicate and engage with customers amid the COVID-19 outbreak. However, businesses should take care to not switch off their communication channels. They have to keep in mind that substance is still vital in the message you are trying to communicate. Marketers need to be sensible about the story they are pushing through. A story lacking substance, even if it is angled to be a COVID-19 story, will still not garner successful coverage.

Webinar Guests

Andrew Mawikere heads Bizzy – an Indonesian B2B marketplace and e-procurement platform providing end-to-end supply chain solutions. With Indonesia’s commerce landscape  driven mostly by small-to-medium sized businesses, Bizzy connects vendors with business customers on its platform.

Andrew Mawikere

Cathay Innovation is a multi-billion Euro French-born international early growth venture capital firm that partners with entrepreneurs by bridging USA, Europe and China. After ten years in China, Nic is now in Asia spearheading Southeast Asian investments. His firm has just released some views on Southeast Asian COVID-19 winners.

Nicolas du Cray

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