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Digital economy

Down but not out: how consumer Internet and e-commerce are coping with a contagion

Based on the trends in these two sectors over the past one month, ET Prime presents a nuanced analysis of the current state of various segments and a crystal-ball take on the near term.
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24 Mar 2020 2 Mins Read 2 comments
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No business can be ever prepared for the kind of massive disruption that the coronavirus outbreak has triggered. Such has been the impact that the digital economy at large and e-commerce in particular will continue to feel the ripples of this extreme event long after it has played out. Based on the trends in e-commerce and consumer Internet
fortunes are directly proportional to people’s socialising opportunities. It is time to wait. Food delivery: Restaurants and cloud kitchens are having trouble maintaining zero-contact delivery. Commissions charged by aggregators and a long payment cycle was already eating into their business. If the lockdown continues, this will stretch working capital even more. ( Graphics by Sadhana Saxena)
No business can be ever prepared for the kind of massive disruption that the coronavirus outbreak has triggered. Such has been the impact that the digital economy at large and e-commerce in particular will continue to feel the ripples of this extreme event long after it has played out. Based on the trends in e-commerce and consumer Internet fortunes are directly proportional to people’s socialising opportunities. It is time to wait. Food delivery: Restaurants and cloud kitchens are having trouble maintaining zero-contact delivery. Commissions charged by aggregators and a long payment cycle was already eating into their business. If the lockdown continues, this will stretch working capital even more. ( Graphics by Sadhana Saxena)

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CONTRIBUTORS WHO HAVE COMMENTED ON THIS STORY

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user Dr P Ramlal NATIONAL INSTITUTE OF TECHNOLOGY, WARANGAL, TELANGANA, INDIA, ASSOCIATE PROFESSOR AND WRITER

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