Today’s key global wellness news articles from around the world, impacting the industry and influencing the business of wellness.
There has been talk that smaller funding rounds are due to investors being more cautious with their dollars in case of a 2020 recession. While this is no doubt a factor, it likely has more to do with the fierce competition among investors and brands in these categories, as well as the seemingly overpriced valuations of the moment.
Behind Google’s $2.1 billion deal for wearables maker Fitbit Inc. is the search giant’s dream to become a major player in health data after a failed attempt to establish a foothold in it years ago.
Despite the fact that many people don’t trust social media as a source for news, according to a recent survey from the Cleveland Clinic and Parade magazine 44% of Americans turn to Facebook, Twitter, Instagram and YouTube for health, fitness and diet advice.
ClassPass’s fitness platform is a corporate benefit at Google, Gatorade, and Etsy.
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