While the world experienced the Covid-19 pandemic, affecting businesses, investments, and other forms of financial markets, the pandemic allowed for the government to support both personal households and companies so they could survive the period, so many companies still survived and stood strong making a whole lot of profits. In this post, I will be looking into a few companies that made it strong both during the pandemic and in 2021.
Taiwan Semi-Conductor company (TSMC) valued at $565B is one company that you might not be familiar with this company but it is a vital part of semi-conductors in phones and computer manufacturing ranging from companies such as Intel, Apple, and so on.
Alibaba and Ants Group are other companies that experienced massive growth both during and after the pandemic. Although Jack Ma of Alibaba spoke against the Chinese government and was missing for a while, this didn't stop the companies from operating and making a lot of revenue and increasing in shares price. Alibaba is currently valued at $628B. Putting Jack Ma at a $50.9B.
WeChat, QQ, parent company Tencent was also one company that made a profit last year and still making its share of profit. Valued at $683B, the company has made its CEO Pony Ma $71.6B.
Tesla is also one company that hit different milestones in 2020 ranging from being the most valuable automotive company to making Elon Musk the richest man in the world, thanks to its increase in share price.
Other companies that meet this list are Facebook, Alphabet ($1.18T), Amazon ($1.63), Microsoft ($1.68), Apple ($2.25T)
Hello friend, really many companies are going through a critical situation but in spite of everything they are still going ahead, many businesses have closed thanks to this situation, it is difficult, many jobs have been lost. The economy of many countries is falling. Greetings.
Yes friend but through all the drama experienced, some countries are still thriving very well.
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In my country instead of supporting anyone government just said private companies are rich enough to pay their bills and bills of their workers. It issued lockdown for several weeks restricting companies to operate, prohibited firing workers for any reasons and told private business to pay their workers full salary while everyone is in a lockdown.
Yeah... Some companies clearly survived and even flourished during the pandemic. They started buildups for measures earlier. I think that's how they were able to cope.
Yes friend they had strategies in place to help them navigate situations like that and they eventually scaled through.
In difficult situations there are those who cry and those who sell handkerchiefs, these companies are a clear example of that. thanks for this post.
I like the illustration it is perfect for what these companies did.