SINGAPORE - The ongoing pandemic has accelerated the growth of digital consumption in South-east Asia, so much that the current slew of online shoppers may soon hit numbers experts had said would only be reached in 2025.
The move to shop online had been spurred greatly by the increasing need for people to stay at home to work, study, play, and carry out essential tasks to stem the transmission of Covid-19, the study found. Mr Praneeth Yendamuri, partner at Bain & Company, said:"2020 has truly been a year of accelerated change."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asean-6 online spending to hit US$150b by 2025, as pandemic drives take-up: ReportSOME 310 million consumers in key South-east Asian markets will make online purchases this year, amid the deadly novel coronavirus pandemic - a surge from 250 million such consumers in 2018, a new report suggested on Thursday (Aug 6). Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Goldman Sachs aims for 7per cent of staff to be black, 9per cent to be Latino by 2025Goldman Sachs Group Inc said on Wednesday that by 2025 it wants 7per cent of its staff in the Americas and the U.K. to be black and 9per cent to ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Coronavirus: Phase 2 has gone well but curbs must be lifted gradually, say expertsThey are optimistic about further easing but warn that the risk of a second wave is still present.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Coronavirus might have infected bats years ago, says WHO expertBEIJING (CHINA DAILY/ASIA NEWS NETWORK) - The Chinese city of Wuhan in Hubei province may not be the place where the Covid-19 virus crossed from animals into humans, despite the first clusters of infections having been reported in the city, said Dr Michael Ryan, executive director of the Health Emergencies Program of the World Health Organisation (WHO).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Indonesia reports 1,815 new COVID-19 cases, 64 more deathsIndonesia recorded 1,815 new coronavirus infections on Wednesday, bringing the total number of cases in the Southeast Asian country to 116,871, ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Rajapaksa family set to consolidate power in Sri Lanka after coronavirus-hit pollsSri Lankans voted in large numbers Wednesday despite the coronavirus pandemic as the ruling Rajapaksa brothers sought to expand their mandate ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »