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Global Socio-Economic Impact of Covid-19

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The Pandemic originating from Wuhan China has enveloped the whole world and the catastrophe caused by covid-19 is beyond speculation.  Schools, Colleges, Universities and business are closed for an indefinite period and the World has gone into self-isolation while the countries imposed lockdown in the world in the severely hit areas to contain the outbreak at massive scale.

The pandemic has affected all the countries especially China, France, Italy, Germany, US, UK, Iran, Egypt and third world countries i.e Pakistan, India, Bangladesh, Sri Lanka and  Afghanistan and some African countries.

There are some countries which are severely impacted socially and economically while some countries have sustained moderate impact owing to taking timely preventive measures as per circulated guidelines of WHO and Local Health ministries of respective Countries.

With President Donald  Trump clipping the wings of  UN’s apex health body by cutting the financial support amid the Global Pandemic, the catastrophe is expected to go from bad to worse as WHO  will experience the funds’ shortage that will ultimately contribute to a deep humanitarian crisis. 

The world posts a bleak picture already as all business activities have been suspended, the markets have been closed for an indefinite period, the stock markets crashed and the unemployment ratio suddenly jumped to historical high due to covid-19 Pandemic. Even OPEC members have decided to cut the oil production given the pandemic situation. 

The Global economy has been severely impacted by the shocks of the deadly virus that prompted companies like Google, Yahoo, Microsoft, Face book, Twitter to ask their employees to work from home to avoid contracting  Covid-19.

All the industries have been impacted badly that include entertainment, Sports, food franchise has completely shutdown creating panicking situation all around as once busiest streets and markets have started presenting deserted look.

This global economic warrants that if the early remedy to cure covid-19 is not discovered, the future will be dreadful to predict. The mighty economies such as China, the US, France, Italy, UK, Germany has been seriously impacted by this deadly virus. The situation is haunting the people around the world, bringing misery of greater proportion as compared to Word War II, Ebola, SARS, MERS, Plage and Yaws.

The Daily Wage workers, Private workers, drivers, hawkers, shop keepers and thousands of similar workers have lost their jobs and the opportunity to earn their livelihood. The companies have preferred work from home option for their employees to limit the outbreak and avoid contracting covid-19.

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It is alarming that hundreds of workers have filed as unemployed. The lengthy lockdowns have created serious humanitarian and economic crises and the experts are of the view that the circumstances are fast moving towards the global recessions and may take a long time to recover from this catastrophe.

Though China has been able to contain Covid-19 and even lifted restrictions on outgoing flights with some strict SOPs, yet the Covid 19 seems to be an invisible predator waiting for its prey regardless of any region. The virus has impacted all the zones i.e with the cooler, hotter or moderate atmosphere.

The only solution to fight this pandemic is social distancing, maintaining the hygienic environment and avoiding crowdy spaces. The Governments around the world have imposed strict lockdowns and the frontline fighters (Health workers) around the world doing a marvellous job to protect their fellowmen even at the cost of falling prey to this deadly virus.

While fighting this pandemic. Many health workers have been tested positive. Even, some frontline soldiers lost their fight to this pandemic and laid down their lives to secure the future of their respective country.

Education is being imparted through digital platforms as online education is increasing for students. Though students are facing some issues such as the connectivity, Sound quality, Video Quality, yet in this emergency, the Schools, Colleges, Universities and other online course websites are striving to provide some light of  Knowledge in these difficult times.

The booming industries such as restaurants, hotels, motels and  Aviation have been closed for an indefinite period.

Coronavirus Pandemic has brought catastrophe in the world impacting all the industries and has caused economic slowdown throughout the world in all the major continents who are thickly populated such as Asia, Europe, the Americas and Africa.

Unfortunately, despite 151598 deaths worldwide and over 2.21 Million confirmed cases covid-19, all eyes are hooked towards the discovery of vaccine to treat the patients and save their lives. At the moment, only plasma therapy is being conducted and some common medicines are being used such as cough, flu fever-related medicine.

Though human trials have been started by some  Pharmaceutical companies, the experts are of the view that it may take one and half year for the vaccine to be available in the market. It is also estimated to be the costliest vaccine ever keeping in view its global implications and rapid speed of pandemic spread in the world.

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It is estimated that Europe, Asia, Middle East to suffer a lot especially, Italy, France, UK, Iran and US as the ratio of deaths is higher than other countries especially US where average deaths per days have surpassed all other nations that prompted Trump to cut funding to world health Organization accusing it of mishandling the pandemic and delayed response to mitigate its implication while  WHO head has refuted the allegations.

The covid-19 has also impacted Sports, News & Media, Entertainment and Services Industries to the extent that. All the sporting events have been suspended, series and Leagues have been rescheduled and big events such as  PSL, IPL, FIFA  World Cup, Olympics Games and others have been completely cancelled raising concerns among the players. Even the players are facing the trauma having travel history to the epicentre of Covid-19 Pandemic and tested positive.

 The Entertainment industry has been heavily impacted as all the dramas, Films and comedy shooting and recording has been postponed till indefinite period and all the events including concerts have cancelled due to covid-19 and actors have lost the source of living.

The services industry especially the skilled and non-skilled have been subjected to starvation as all the roadside small business such as Hair Cutting Salons, Cobblers, Gold and blacksmith shops, Electricians, Booksellers, daily wages workers and Masons have lost their living owing to lockdowns globally.

 Finally, the Print and Electronic  Media are partially impacted though they are a very vulnerable community as they have been busy in coverage of the pandemic around the world and are prone to contracting the deadly virus due to close contact with Patients at Quarantine Centres and the Health specialists working at the hospital and temporary health centres specially set up for an emergency.

The Print Media has been hit hard as people consider it risky to read a Print copy of newspapers over covid-19 fears and prefer paper or online edition of the newspapers. Hence, such a trend has impacted the Newspaper  Sales badly.

On the other hand, electronic media such as News Channels, Radio and Digital Media such as Websites, YouTube are grabbing people’ attention.

The Social Media is also buzzing with Covid-19 updates though  Social Media and Silicon Valley companies have asked their employees to work from home and follow the preventive measures these include Twitter, Yahoo, Facebook, Microsoft and Search Giant  Google.

The world should be united to fight this global pandemic that is haunting the world. The US should release funds to help WHO work effectively for global health and expedite the process of vaccine discovery as each day will deprive the near and dear ones of the families around the world. With collaborative efforts, the world can win this war against the pandemic.

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Coronavirus Pandemic and Global Response

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The World is undergoing serious economic, social and health crisis as the Covid-19 outbreak originating from Wuhan China, has spread to almost all the continents of the World except Antarctica – the Unhabitated Continent.

Hundreds of People died in china, Iran, France, South Korea and Italy. Italy has been severely gripped by a coronavirus. The Covid-19 after bringing catastrophe in Asia reached Europe and Africa.

Though Africa has limited cases as reported but given the alarming and catastrophic situation rising every day. The South Asian countries i.e. Pakistan, India, Bangladesh though ill-prepared to fight against this Pandemic have done a tremendous job in terms of preparations and taking preventive measures to limit the spread of the fatal Covid-19. 

As hundreds of cases are reported positive, fear, economic crisis, education and health effects have played havoc to the countries to fight Covid-19. The World Health Organizations (WHO) has declared it pandemic asking countries to follow the precaution or preventive measures as circulated by WHO and Isolation facilities for those diagnosed positive.

The States have started diverting their funds towards fighting this novel Virus and having set up Emergency Health  Centers and Isolation Centers for quarantining those arriving from worst-affected countries i.e. China, Iran, France, America and Italy. 

Sindh has been the worst affected by this Virus with 146 confirmed cases as most of the cases are imported from Iran via Taftan.

These include those pilgrims (Zairian) who are returning from Iran after visiting holy places. CM Sindh has so far done a marvelous job by setting up Isolation and Screening Camp at Sukkur to diagnose and keep them at the facility to avert any possibility of contraction to their families.

KP stands second with sudden appearance 19 cases since these confirmed cases are also imported through Taftan border as the affected patients had recently returned from a pilgrimage from Iran. Baluchistan is on 3rd Number with 10 confirmed cases, GB 3 and Islamabad capital with 04 cases. Fortunately, there is any case in AJK.

 The media is regularly breaking and updating news every moment regarding the novel coronavirus, adding the rise to the concerns regarding the sudden outbreak of the pandemic to more countries. The concerns and feelings of fear run high amid cancellations and postponement of all sporting activities, education, colleges, universities and Wedding or public gatherings.

 Companies such as Google, Yahoo, Twitter, Microsoft and Apple have advised their employees to stay at home and work from their home. They also circulated the WHO guidelines among their employees and avoid gatherings of more than 10 people as announced in the latest guidelines of WHOM.

Countries are strictly following the preventive measures communicated to the people by WHO experts and putting bans on unnecessary travel in the city or out of city or borders.

It is the alarming and panicking situation since No vaccine nor has injection been made to treat those affected with the novel coronavirus. WHO cautions the countries having limited facilities to conduct tests and treat the patients advising states around the world especially the Asia and Europe to take preventive measures until the vaccine to treat this deadly virus could be discovered by Medical scientists and microbiologists? 

 At the moment Covid-19 has caused more deaths than Ebola outbreak in African countries, especially in Congo. According to reports that as per, the calculations based on the Center of disease control, the scenarios suggested that as many as  2.4 million to 21 million people in the U.S. could require hospitalization, potentially crushing the nation’s medical system, which has only about 925,000 staffed hospital beds as reported by Media.

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The number is very low to house the huge number of affected people from covid-19. It may bring a panicking situation in a developed country like the USA. Less than a tenth of those are for people who are critically ill.

 It would be disastrous to deal with the pandemic given the Medical facilities available at the US and the African states.

At the moment, China is the worst hit with 3800 deaths due to novel coronavirus followed by Italy with 1800 deaths, South Korea with 75 deaths, Iran with 600 deaths.

Luckily, the situation Africa is under control since so far there are a few reported cases but there is no confirmation of the Virus cases yet. 

The African nations have started preparations for fighting this deadly virus, they have one advantage of fighting with the Ebola virus and the lessons learnt from dealing with that epidemic such health and hygiene requirements.

Though African countries have limited resources and facilities yet they have started following the  WHO Precautionary measures to deal with  Possible outbreak of the deadly virus that has spread all over the world.

Its implications are dreadful and catastrophic for the world at large. The world has been struggling to deal with this pandemic as Schools, colleges, universities, restaurants; religious Places have been shut over the fears of this Pandemic.

People are advised through the media campaigns and instructions circulated by WHO to adopt the precautionary measures to remain safe from this disease. Though the symptoms include fever, cough, close breathing affecting lungs, the precautionary material is being aired on Media to apprise people of this deadly virus that has been spreading at a massive scale.

Unfortunately, the medical scientists and microbiologists have not been able to discover any antidote to control it from the spread and contain it. Even WHO appears to be helpless against this disease rather circulated precautionary measures to remain on the safe side until a vaccine could be made for the treatment of the virus?

The physicians have been advising the common treatment for fever such as Paracetmol ,cough syrup and self-isolation to recover from this pandemic as preventive measure .

Till date, there are 100 reported cases in African Countries with two deaths happened in Morocco and Egypt each.  

According to statistics of WHO the  Country wise break up of reported cases of Virus  covid-19: Algeria -20,  Burkina Faso-2, Cameron-2, Democratic Republic of Congo -1, Egypt highest number of cases  -59  includes one death, Morocco -3 with one death, Nigeria 2, Senegal 4, South Africa -13, Tunisia -5 and Togo -1. So far, the situation in African countries is normal only Egypt has the maximum number of cases reported.

The African Countries have been well prepared to contain the outbreak that has played havoc around the world specifically in Asian countries i.e. China, Iran and Europe. There are at least 150000 reported cases worldwide and over 6000 deaths owing to this deadly virus  including  3600 deaths in china alone following by  1800 deaths in Italy.

The Ebola Experience has enabled the African nations to develop a comprehensive plan to fight this Novel Corona Virus. There are about 100 cases have been reported in 11 African Countries while there were only two deaths.

Most of the cases in Egypt are those passengers who had travelled from abroad and the crew members of the ship coming from the countries which are being worst or moderately affected by the deadly coronavirus. The reported cases are just imported out of Africa as there is not any domestic viral outbreak.

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However, apart from the rest of world, African states have done a tremendous job to contain Covid-19 by adopting strict preventive measures by completely banning Travel from the countries which are the worst affected by the  Corona Virus.

In this connection, Rwanda has not reported any case, yet it has advised the citizens to maintain hygiene in the country. Rwanda has installed hand Washing Taps and sanitizers to defeat the viral outbreak in the country.

Similarly, Kenya has not reported any cases, yet it has established the 120-bed Quarantine centre and two Testing facilities at Nairobi.

Nigeria has also made mandatory to use hand sanitizers while visiting banks, restaurants, Office and supermarkets to limit the spread of deadly Novel Corona Virus.  

Even several health workers have been deployed by the Government of Nigeria at the international Airports to screen the passengers to avert any possibility of a contracting virus.

According to News reports that the Experience of Nigeria’s dealing with the Ebola Virus has enabled the African Nations to adopt the preventive measures to limit the contraction of Novel Coronavirus in the country. 

 All the Airline companies have suspended their flights over the fears of Covid-19 that include Rwanda Air, Kenyan Airlines, and Royal Air Morocco.

The lessons learnt from the Ebola virus have strengthened the preparation of African Nations to fight Novel coronavirus effectively since they have focused on maintaining hygiene in light of their dealing with the Ebola outbreak.

 They have learnt that hand washing is the first line of defence against any viruses. The case studies of Ebola have furthered their defence.

On the other hand, China has been able to overcome the outbreak by bringing the number to single digits. WHO has also recommended learning from China how it faces this pandemic.

Chinese Experience should be utilized to help control the pandemic in Italy as it has been worst hit by Covid-19 where the death toll crossed 1800 People and Iran 600 people.

Even WHO should take experts from African countries, China and Europe to develop a strategy to fight this pandemic.  The pandemic has been contracted in India with confirmed cases of 107, Pakistan with confirmed cases of 189 as per the latest information available. The numbers are constantly growing increasing concerns of people regarding the preparedness of various nations against this Pandemic.

Though, the cases reported and confirmed in South Asia are mainly those who travelled to Iran, Syria, and China. There is so far no confirmed case of domestic nature or any death. Even, there is no death reported yet in Pakistan, India, Bangladesh, Nepal, Bhutan, Afghanistan and Sri Lanka.

Luckily, after a long time, SAARC Leadership held the online Video conference to exchange level of readiness against this Novel Corona Virus. The Video Conference was held on the request of Indian PM Narendra Modi. Dr Zafar Mirza proposed a regional Mechanism to fight covid-19 and even demanded to lift Curfew in IOK over the concerns of Novel Corona Virus.

Finally, it is essential to follow WHO prescriptions to remain secure until the vaccine could be developed for this deadly virus. Medical experts claim that the vaccine may take 18 Months to be available to fight this Pandemic.

WHO has cautioned the developing countries around the world to take preventive measure to prevent people from falling prey this pandemic especially those who have limited resources and ill-prepared to fight this Deadly Covid-19 effectively.

The Circumstances in Sindh are very alarming, Government of Pakistan must take strong measures of screening at Taftan border with the composition of experts from Health Ministry both Public and Private Sector to fight this Pandemic and contain it from spreading rapidly.

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China-India Stand-Off and the Emerging World Order

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The Recent showdown between  People’s Liberation Army and Indian Army has escalated the situation in Galwan valley along the  Line of Actual Control  (LAC) Between China and India. The unarmed fight resulted in the killing of 20 Indian Soldiers while the casualties on China side have not been confirmed yet.

The analysts link the fight with Indian Unilateral move on August 05 2019, when it annexed the disputed territory of  Jammu and Kashmir and Ladakh by repealing article 370. 

This move irked both Pakistan and china and both raised the issue at UNSC and UNGA and recorded their protest against such unilateral move that was tantamount to UN Security Council Resolutions that asked for holding a plebiscite in disputed  Jammu and Kashmir. 

Unfortunately, India has worst diplomatic relations with its neighbours such as Afghanistan, China, Pakistan, Nepal, Bangladesh and Sri Lanka. It has used all its resources to destabilize neighbouring states especially Pakistan, Nepal, Bangladesh and  Sri Lanka. 

The recent clash has serious repercussion after 40  years when both Nations clashed in 1962. The war clouds are looming as both Nations are preparing to engage in a full-scale war that might be disastrous for the whole region. So much so that  UK  Newspapers called it World War –III as two biggest South Asian Countries engaged in fighting that was a heavy blow to Fascist Modi who is the mastermind of Muslim Massacre and Genocide. 

Even linked  Covid-19 outbreak with Muslims, that showed his Hindutva mindset and stupidity. The Indian reaction to boycott Chinese Brands will cost the heavily economically as world economies are already fragile owing to two-month lockdown that has paralyzed the business and Trade and limited people to their houses.

Pakistan has been watching the emerging situation after  June 15 Clash between Chinese PLA and Indian Army, is ready to defend its frontiers as Forces put on Red Alert.

The high-level negotiations were held to deescalate the situation but all efforts of peacemaking have not produced positive results and Modi’s BJP is underfire internally since Congress has been posing hard questions as Chinese forces are present in areas claimed by India.

There are protests in Nepal against India as new released Map has reflected some disputed areas in India that have also sparked protests in Nepal. Though India still enjoys support from the US especially from President Donald Trump he is himself under pressure from Republicans owing to his failure to manage the pandemic and the cases are soaring each day.

America is worst affected by the pandemic with the maximum number of infections and deaths over one lac. India has also close relations with Israel and has purchased fighter jets and other war-related items.

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The recent mysterious bomb blasts targeting Iran’s Nuclear Installations and army camps have raised serious questions on the state of Iran’s internal l security measures as well as it let everybody wondering that who was behind the attacks but Iran has blamed Israel for the blasts.

Though none has accepted the responsibility of attacks, Iran has alleged Israel as Israel is the soul of the US and may be involved in a bombing incident.

The conflict will expand in the Middle East and South Asia if Iran takes aggressive action against Israel and on the other hand  If China and India engage in a full-scale war. 

The situation is getting tougher and complicated day by as US has been struggling to tackle with the pandemic issue that has infected millions of American baffling  US President Donald to the extent that It power game is waning each passing day and Global influence is declining due to economic crisis and massive unemployment owing to the pandemic.

The pandemic has forced hundreds of companies to lay off staff as they could not afford to pay the salaries of Staff given the lockdowns imposed by various Governments in the world as well as the sense of uncertainty gripping the enterprises and startups.

Though the health companies, Pharma and Tech companies, online stores and markets are booming with profit the most profitable business, travel and Tour, entertainment and Hotel Business and wedding Party and Even management Companies have almost been closed for an indefinite period owing to the restrictions placed by the Governments to control the outbreak of Covid-19.

US being superpower has been weakened or jolted by the pandemic and gradually losing its hold on world Affairs. On the contrary, China has been regaining the control and even declared itself superpower of the world. The World order is constantly changing and china has put itself in a strong geostrategic position even in the time of Pandemic.

Recent China and Iran Pact have further paved the for the success of CPEC since  Iran may join CPEC to make its oil available to China, Pakistan and  Central Asian Muslim Countries.

The inclusion of Iran in CPEC may further Isolate  India in the region since it will be surrounded by all sides i.e. China, Pakistan, Afghanistan and Iran. Pakistan may play a leading role in the region since America has lost a sincere ally in South Asia.”

Pakistan Army and Civilian Leadership played a pivotal role peacemaking in Afghanistan by bringing the Taliban on the negotiation table and signing the deal with the US providing safe passage to US Troops Withdrawal.

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Turkey also emerging great power and may have a role in changing world order where US, UK may fade in history books as some international Policy Experts are of the view that Pandemic has provided a golden chance to countries like China to play a leading role as American hegemony has bitten the dust.

The upcoming  Presidential Elections will carve the future of America as Trump Administration has completely failed to manage and control Covid-19 and even put curbs on new Testing  Policy which is already under fire from his  Rival  Political  Party the  Democrats, especially the  Presidential Election Nominee  Joe Biden.

The November is just two months away and these  Presidential Elections will be both violent and historical since the African American will support Democrats as they are fed up with Trump over racist thoughts especially brutal Killing of  African American George Floyd that prompted worldwide  Protests against racism and Police  Brutalities. 

The  Recent deal between Israel and UAE inked with efforts  Donald Trump has irked both Arab and  Non Arab Nations as recognition of  Israel will have serious repercussions on the Muslim world. 

 Efforts are being made by Turkey, Iran, Pakistan to form a new  Block as Since  Independence  Pakistan has clear Policy that it will never recognize Israel until Establishment of  Palestine  State as per the wishes of  People of  Palestine.  

Pakistan is the only Islamic country in the world that has reflected on its Passport that it is valid for all countries except Israel sending a strong message that It will never recognize Israel as it is an occupant.

Though at the moment, Pakistan is under pressure from the US  to recognize Israel this will not happen any time soon. The statement of  Foreign Minister Shah Mehmood  Qureshi has escalated  Pak Saudi diplomatic relations as Qureshi criticized that  OIC has not adopted the strong stance on Kashmir Issue. Though  Army Chief along with ISI chief paid a visit to Saudi Arab to mend ways but Pakistan’s weak economic structure will compel it to bow down before Pressure.

China is playing on the front foot as it’s expedition inside  Indian Controlled areas is advancing rapidly the escalation is high. The weakened structure of the US has given birth to new regional powers carving new world order as the US is waning due to wrong policies of  Donald. The emerging situation is favouring China, Russia, Turkey, Iran and Pakistan.

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TIKTOK’s global  growth and expansion : a bubble or reality ?

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Social media has offered amazing tools and apps that have revolutionized the lifestyle of people. Social networks always keep you connected with your friends, colleagues and family. Some creative apps have become very popular in recent times especially among the enthusiastic youth who create funny clips with the help of  TikTok. 

Tiktok is the greatest platform for creating short mobile videos. These videos contribute to inspire creativity and bring smiles on the faces of people even amid pandemic and lockdowns. The app has become very popular even in Pandemic and as some of the best informative and educational content went  Viral. 

 Tiktok is the subsidiary of  Grand Tech Startup  Byetdance -a leading  Chinese Startup with mushrooming growth. TikTok has always been expanding its reach worldwide due to its aggressive expansion programs. At present, Tiktok has offices in  Los Angeles, New York, London, Paris, Berlin, Dubai, Mumbai, Singapore, Jakarta, Seoul, and Tokyo.

Tiktok was founded in 2012 by Zhang Yiming. Video sharing is the most popular segment among youth and the company has tapped tremendous growth. The Company is also called douyin in China but its global version is called Tiktok. The continual growth empowered it to acquire its American rival app  musical.ly. The  Company has expanded its outreach globally. 

New Dimensions  i.e. Online Education

The covid-19 has affected the Education badly throughout the world and the online digital education has been getting ground. Most of the Schools, Colleges, Universities, Coaching centres and Academies have anchored to Online Education such as live lectures, quizzes, Presentations and Webinars. Tiktok has announced to enter the online  Education in India as some of the content uploaded on Tiktok related to Education and learning has become viral earning millions of views and generating great revenue prompting  Tiktok to enter the world of  Education. 

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Tiktok has already interacted with content creators and firms in  India to Provide innovative  Learning material as all the educational institutions are closed for an indefinite period and  Tiktok finds it the perfect time to enter the world of Education. 

According to statistics that social Media app used by more than 200 million users every month in India and Tiktok will cover the range of  Science and Math related topics to help students learn from this service. 

 It has partnered with tech startups Vedanta,  Toppr,  Made Easy and Gradeup that will produce educational content for TikTok. It is also collaborating with social enterprises Josh Talks and the Nudge Foundation to mentor 5,000 people across India.

Continuing Growth  amid Pandemic

According to reports of Forbes and Bloomberg, Byetdance surpasses  Uber growth as it has become the top  Startup with value at $78 Billion. Byetdance is the parent company of Tiktok that runs various services. Byetdance has made  London as its strong base owing to trade war of the US with China in the aftermath of the Wuhan covid-19  outbreak. Trump Administration has imposed limitations on Chinese companies to pressurize China to accept US’ demands. Byetdance has attracted many professionals from Google, Yahoo, Microsoft and Apple to establish a strong hub at London to expand its outreach in Europe. 

Hiring than Firing amid Pandemic: A big surprise

It is really surprising that when the biggest companies and Franchises are constantly laying off their employees owing to prolonged lockdowns due to Covid-19, The Parent company of  Tiktok, the Byetdance has gone on a hiring spree and plans to recruit 10000 professionals in engineering, software and marketing fields that has stunned the world as even tech giants Google, Yahoo, Microsoft have laid off their staff and closed their offices over the covid-19 outbreak advising their employees to work from home.

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“Hiring spree on the part of  Byetdance amid pandemic is a pleasant surprise for the entrepreneurs, Tech giants and Experts globally.  “

Increasing Visibility of Byetdance Globally

With the ambitious journey of growth and reaping the enormous benefits, the company has no more remained a secret for the world as its subsidiary  Tiktok has broken all the records of usability and popularity exploring new frontiers with successful footprint. The recent leap of Tiktok to launch its Education initiative in India will further its grip in the  Asian markets. 

Will the bubble burst or Sustain Market Shocks?

The Byetdance has established footprints in Asia and Europe building strong basis and marketing its services, it is estimated that it can sustain the jolts of pandemic and will retain its position as some reports regarding bubble reputation will fade away forever as the popularity graph of the company maintains upward trend and keeps going.

The majority of the world population is youth so if  Tiktok focuses on youth-related interests by adopting  AI practices, it has already achieved the milestone. 

The Tech experts argue that TikTok has foreseen opportunity amid pandemic when the entire markets have crashed, Offices, Business, schools, colleges have been closed and stock markets crashed, even in such circumstances, if a company keeps hiring that means it established its strong bases so the bubble is not going to burst likely in post-Covid-19 World provided that it adheres to its policies of customer retention, market intelligence and the most important Artificial intelligence to explore the interests of users and offering more relevant content.

 Besides profits, Tiktok pledged a huge amount for Vaccine development for  Africa under its Tiktok for Good endeavours. 

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