Profoundly negative impact on world economy

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Covid-19 pandemic has had a profoundly negative impact on the world economy. Millions of jobs has been lost, retail sales have declined, hospitality industry has stopped entertaining, just to name a few. However, on the other hand, e-commerce has been one of the few bright spots in the overall economy, with over-all e-commerce revenue growing 20% in the first quarter of 2020, compared to a 12% gain in the first quarter of 2019.

Find an article from The Economist (limit your search field within The Economist only); your chosen article must be relevant to subjects of how e-commerce has greatly benefited from changes in consumer behavior due to the pandemic.

Reference no: EM133167162

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