Nutrition App CEO On The Health and Wellness Industry During The Coronavirus Pandemic

For many people, the coronavirus pandemic has changed their nutrition and exercise habits. One app helping people track their food and lose weight is called Lifesum. The company has scaled rapidly to 45 million users and boasts partnerships with Amazon (NASDAQ: AMZN) and Nike (NYSE: NKE).

Fool.com’s Healthcare and Cannabis Bureau Chief Corinne Cardina chatted with Lifesum’s CEO Henrik Torstensson about the digital health and wellness space.

Find out why Amazon is one of the 10 best stocks to buy now

Motley Fool co-founders Tom and David Gardner have spent more than a decade beating the market. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

Tom and David just revealed their ten top stock picks for investors to buy right now. Amazon is on the list — but there are nine others you may be overlooking.

Click here to get access to the full list!

*Stock Advisor returns as of October 20, 2020

Corinne Cardina: How has the health and wellness industry evolved over the last couple of decades, and more recently, how has the coronavirus pandemic impacted how people view their health and the role of technology?

Henrik Torstensson: Healthcare and wellness is obviously an enormous part of the economy. It’s $2 trillion in the U.S. alone. It’s probably maybe the biggest market we have. In digital, it’s been ramping up, but it’s been a fairly slow start because it’s a complex system. You have individuals, you have insurance companies, you have state governments, federal governments that all have interests. It was picking up speed. This year with COVID and Corona, that really the same way we all ended up on Zoom for most of the year, and that really made having virtual meetings really a default way of operating. Healthcare is coming in the same way that it’s really taking a step from, OK, this is happening a little bit at the edges, to becoming this central thrust of healthcare and the overall market.

Cardina: Yeah, great point.

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Corinne Cardina owns shares of Zoom Video Communications. The Motley Fool owns shares of and recommends Amazon, Nike, and Zoom Video Communications and recommends the following options: short January 2022 $1940 calls on Amazon and long January 2022 $1920 calls on Amazon. The Motley Fool has a disclosure policy.

You May Also Like

About the Author: Over 50 Finance