There are corporate winners and losers in the current pandemic, and then there are companies that are both winning and losing.
At some point within the next year or so, three Chinese consumer tech giants could go public. One is Ant Financial, the payments arm of Alibaba, which was last valued at about $150bn. Shares in ByteDance are trading in the grey market at a level that implies a valuation of about $100bn, $25bn higher than the last private fundraising for the owner of TikTok and other platforms. And then there is WeBank, a digital bank backed by Tencent, its own management, and a group of government-approved Shenzhen firms.
While a majority of women overall feel that their gender positively impacts their ability to pursue a career in tech, 77% still acknowledge that they face more challenges to grow and succeed than men.
Although technology is quickly changing the way we live and work, there is one area where our industry continues to lag: attracting and retaining top female talent.