The primary objective of this study is to investigate the impact that the coronavirus known as Covid-19 has had on the e-commerce in Asia. Coronavirus, one of the most lethal viruses currently known, is responsible for the deaths of many people. This indicates that the rate of economic growth in the nation has slowed down. On a very large scale, it has nearly completely disrupted all other kinds of businesses, including the e-commerce company. Most outlets owned by major merchants had been closed indefinitely. Aside from that, the situation is difficult for medium and small-sized enterprises (SMEs) since there are less customers shopping at their stores. Additionally, e-commerce companies should not be excluded from consideration. Additionally, Asia has a significant negative impact on them. China is the primary source of more than half of the goods items sold by many online retailers. As a result, it is presumable that this lethal virus will have a significant influence on the internet commerce conducted across Asia, particularly about the sale of Chinese goods. A survey was carried out as part of this study, and primary research was carried out as well, to get a more fruitful conclusion. The findings showed that most goods originate in China, and most industries are under lockdown, which implies that no items are imported or exported. This was shown by the fact that most industries are closed.
The world economy, and particularly international commerce, has incurred huge losses because of the
coronavirus epidemic. Due to the worldwide lockdown, social isolation, and other precautions taken to
prevent the spread of the COVID-19 pandemic, consumers have boosted their purchases on digital
services. Therefore, the corporate environment underwent dramatic changes throughout the quarantine
period. The COVID-19 crisis sped up the expansion of the digital commerce industry. The digital
commerce industries have exploded in growth during the COVID-19 disaster. Businesses and consumers
progressively "went online" as lockdowns became routine. It is anticipated that the growth rate of global e-
commerce will be 12.2 percent in the year 2022, which will bring the total sales of global e-commerce to
$5.542 trillion. Despite this, the pace of increase is slower than it was this time last year. By 2021, growth
rates for worldwide e-commerce will have reached 16.3 percent
How is covid 19 transforming the global e-commerce industry Umang Suneja
Coronavirus hits hard business across industries, including travel, retail, multiplex, etc and stock markets have shrunk. While e-commerce has shown tremendous growth amid the COVID-19 outbreak, with demand for food delivery, e-learning, driverless-delivery, entertainment skyrocketing, but supply chain disruption as production operations remain shut could severely cut short the e-commerce boom. Here’s an inquiry into the repercussions coronavirus pandemic has had on global finance so far.
COVID-19 impact on Facebook-based social commerce in BangladeshIJECEIAES
Popular social media Facebook-oriented social commerce (S-commerce), commonly known as Facebook commerce (F-commerce) has progressed towards a bevy business in Bangladesh. Many young people, especially at the age of 20-28, are now in this industry. The pandemic situation due to coronavirus disease 2019 (COVID-19) forces people to buy more from the online market because of the safety issue. People are getting more interested in the new trend of buying from an online store. The current study aims to explore the impact of COVID-19 on F-commerce, particularly in Bangladesh. It uses the non-probability purposive sampling method and collects 181 usable responses through an online questionnaire. A research model is developed following the social commerce acceptance model (SCAM), and structural equation model partial least square (SEM-PLS) using SmartPLS 3.0 is applied to find out and justify the result. Likert fivepoint scale for determining the independent variables, including COVID-19 awareness (CA), consumer behavior (CB), and purchase intention (PI), is used. The study result confirms that these three variables have a positive impact on F-commerce. The survey covers other measurable items that indicate some assumptions, which reflect F-commerce consumers’ behavior. The researchers recommend that F-commerce businesspeople must emphasize on mitigating trust issues and provide enhanced home delivery service.
COVID-19 impact on Facebook-based social commerce in BangladeshSamsul Alam
Popular social media Facebook-oriented social commerce (S-commerce), commonly known as Facebook commerce (F-commerce) has progressed towards a bevy business in Bangladesh. Many young people, especially at the age of 20-28, are now in this industry. The pandemic situation due to coronavirus disease 2019 (COVID-19) forces people to buy more from the online market because of the safety issue. People are getting more interested in the new trend of buying from an online store. The current study aims to explore the impact of COVID-19 on F-commerce, particularly in Bangladesh. It uses the non-probability purposive sampling method and collects 181 usable responses through an online questionnaire. A research model is developed following the social commerce acceptance model (SCAM), and structural equation model partial least square (SEM-PLS) using SmartPLS 3.0 is applied to find out and justify the result. Likert five-point scale for determining the independent variables, including COVID-19 awareness (CA), consumer behavior (CB), and purchase intention (PI), is used. The study result confirms that these three variables have a positive impact on F-commerce. The survey covers other measurable items that indicate some assumptions, which reflect F-commerce consumers’ behavior. The researchers recommend that F-commerce businesspeople must emphasize on mitigating trust issues and provide enhanced home delivery service.
COVID-19 Impact on E-commerce and Payments: Newsflash April 9-15, 2020 by ySt...yStats.com
This blog is part of a series of weekly insights that reveal the impact of the Coronavirus pandemic on global E-Commerce, Online Payment and many other vertical topics such as Online Travel, Cross-Border, Online Education etc.
Even before the pandemic struck, the payment industry was quite dynamic over the past few years. Double-digit growth rates, dizzy valuations, and technological advancements at an unprecedented rate are some of the indicators that prove it. However, one must not underestimate the small volume decline due to COVID-19.
The world economy, and particularly international commerce, has incurred huge losses because of the
coronavirus epidemic. Due to the worldwide lockdown, social isolation, and other precautions taken to
prevent the spread of the COVID-19 pandemic, consumers have boosted their purchases on digital
services. Therefore, the corporate environment underwent dramatic changes throughout the quarantine
period. The COVID-19 crisis sped up the expansion of the digital commerce industry. The digital
commerce industries have exploded in growth during the COVID-19 disaster. Businesses and consumers
progressively "went online" as lockdowns became routine. It is anticipated that the growth rate of global e-
commerce will be 12.2 percent in the year 2022, which will bring the total sales of global e-commerce to
$5.542 trillion. Despite this, the pace of increase is slower than it was this time last year. By 2021, growth
rates for worldwide e-commerce will have reached 16.3 percent
How is covid 19 transforming the global e-commerce industry Umang Suneja
Coronavirus hits hard business across industries, including travel, retail, multiplex, etc and stock markets have shrunk. While e-commerce has shown tremendous growth amid the COVID-19 outbreak, with demand for food delivery, e-learning, driverless-delivery, entertainment skyrocketing, but supply chain disruption as production operations remain shut could severely cut short the e-commerce boom. Here’s an inquiry into the repercussions coronavirus pandemic has had on global finance so far.
COVID-19 impact on Facebook-based social commerce in BangladeshIJECEIAES
Popular social media Facebook-oriented social commerce (S-commerce), commonly known as Facebook commerce (F-commerce) has progressed towards a bevy business in Bangladesh. Many young people, especially at the age of 20-28, are now in this industry. The pandemic situation due to coronavirus disease 2019 (COVID-19) forces people to buy more from the online market because of the safety issue. People are getting more interested in the new trend of buying from an online store. The current study aims to explore the impact of COVID-19 on F-commerce, particularly in Bangladesh. It uses the non-probability purposive sampling method and collects 181 usable responses through an online questionnaire. A research model is developed following the social commerce acceptance model (SCAM), and structural equation model partial least square (SEM-PLS) using SmartPLS 3.0 is applied to find out and justify the result. Likert fivepoint scale for determining the independent variables, including COVID-19 awareness (CA), consumer behavior (CB), and purchase intention (PI), is used. The study result confirms that these three variables have a positive impact on F-commerce. The survey covers other measurable items that indicate some assumptions, which reflect F-commerce consumers’ behavior. The researchers recommend that F-commerce businesspeople must emphasize on mitigating trust issues and provide enhanced home delivery service.
COVID-19 impact on Facebook-based social commerce in BangladeshSamsul Alam
Popular social media Facebook-oriented social commerce (S-commerce), commonly known as Facebook commerce (F-commerce) has progressed towards a bevy business in Bangladesh. Many young people, especially at the age of 20-28, are now in this industry. The pandemic situation due to coronavirus disease 2019 (COVID-19) forces people to buy more from the online market because of the safety issue. People are getting more interested in the new trend of buying from an online store. The current study aims to explore the impact of COVID-19 on F-commerce, particularly in Bangladesh. It uses the non-probability purposive sampling method and collects 181 usable responses through an online questionnaire. A research model is developed following the social commerce acceptance model (SCAM), and structural equation model partial least square (SEM-PLS) using SmartPLS 3.0 is applied to find out and justify the result. Likert five-point scale for determining the independent variables, including COVID-19 awareness (CA), consumer behavior (CB), and purchase intention (PI), is used. The study result confirms that these three variables have a positive impact on F-commerce. The survey covers other measurable items that indicate some assumptions, which reflect F-commerce consumers’ behavior. The researchers recommend that F-commerce businesspeople must emphasize on mitigating trust issues and provide enhanced home delivery service.
COVID-19 Impact on E-commerce and Payments: Newsflash April 9-15, 2020 by ySt...yStats.com
This blog is part of a series of weekly insights that reveal the impact of the Coronavirus pandemic on global E-Commerce, Online Payment and many other vertical topics such as Online Travel, Cross-Border, Online Education etc.
Even before the pandemic struck, the payment industry was quite dynamic over the past few years. Double-digit growth rates, dizzy valuations, and technological advancements at an unprecedented rate are some of the indicators that prove it. However, one must not underestimate the small volume decline due to COVID-19.
Digital transformation in china’s sm es the critical success factors and tran...Equancy Paris
Digital transformation in China is customer-driven instead of enterprise-driven. The Internet adoption ratio in SMEs that contribute 70 percent of China’s GDP is way much lower than that in developed countries. The paper aimed to identify the critical success factors for SME’s digital transformation and then provide a sufficient transformation framework through analyzing a small chemical company in China. Three issues are defined as the main boundaries in digital transformation in China’s SMEs: the lack of awareness and strategic vision of Digital, the lack of sufficient change management, and the lack of experts. The seven main activities of MICEP methodology can be applied in Chinese SMEs. But the emphasis may different between one and another.
The crisis associated with COVID-19 is changing the e-commerce market. In just a few weeks, we have found ourselves in a completely new reality. For some, the pandemic is a chance for business development and gaining new market segments; for others, it has become a dramatic struggle for survival.
That's why our Codest experts dived into the market, analyzed available data, and prepared our own analysis and tips for all e-commerce companies which are struggling to win the battle with COVID-19. We released the report that is must-read for the whole industry (and not only!). It will help you understand better the current situation on the market and inspire you how to turn a threat into a success.
Online shopping is common now a day. Both
traditional and online shopping are happening side by side.
However, online shopping is getting more and more
popularity year after year. In this context, this conceptual
and secondary data-based paper aims at understanding
growth and status of online shopping in the world and in
particular to India. The growth, and participating
companies and future of online shopping were studied
along with their problems based on the data collected from
various secondary sources.
From our local office at Beijing, we are glad to release an introduction to the Chinese Internet Market.
With the chinese economy still growing fast, the internet market has experimented an incredible growth in recent years. And what is more promising, every analysis foresee what is seems to be an unprecedented boom for the years to come.
Tips for the Food sector: To keep up with this constantly shifting consumer behavior, look for early signs by using Google Trends to see how demand for certain food products or delivery services is changing to meet people’s needs.
Tips for Travel marketers: Our APAC travel recovery itinerary revealed that people have local trips and safety in mind, so marketers should seek to provide safety information upfront and present local product offerings and fun activities.
Tips for keeping people entertained: Though some people who signed up for a new entertainment source might stay, there’s also a higher likelihood of churn when their trial period ends. If you saw an increase in people signing up for your online products and services, focus on retention to keep them coming back, especially if you offered a free trial during the pandemic.
Tips for merchants: Make sure you integrate digital payment options for your consumers. Digital payments are expected to see a continued boost post-COVID-19, and trust in e-Wallets will likely increase.
Although there is still some instability, the internet sector in SEA is set to emerge stronger than ever in a post-COVID-19 world. The digital economy remains a bright spot in a very challenging economic environment, and e-Commerce remains a key driver of growth. The biggest takeaway for brands and marketers is the need to focus on people and their changing habits online, as well as keeping up with changing trends, as we continue to understand what our new normal will look like in the future.
Industrial Revolution and the Market’s Perspective towards the Business Indus...ijtsrd
Industrial Revolution directly affects the Business Industry through its demands of innovation, changes, and adaptation, this research however focused on how the market gets affected by it. The results show clear effects of Industrial Revolution towards the perspective of the business industry market in terms of their needs and wants, product delivery system, and branding. This also justifies that Industrial Revolution aside from its positive contributions to the growth of the economy also brings negative impacts particularly on employment opportunities, environment, and the operations of small and medium sized businesses. This research is a good basis for a sustainable and responsible Industrial development initiative and a guide to the business industry in making sure sustainable operations. Mark Gabriel Wagan Aguilar "Industrial Revolution and the Market’s Perspective towards the Business Industry: A Macro Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30695.pdf Paper Url :https://www.ijtsrd.com/management/general-management/30695/industrial-revolution-and-the-market%E2%80%99s-perspective-towards-the-business-industry-a-macro-analysis/mark-gabriel-wagan-aguilar
Marketing in coronavirus times: How to navigate your brand through the stormGeorge Gritzalas
While we are aware that coronavirus is a serious health matter, we would like to face it as another challenge in our industry and we encourage our clients to face it like one too.
Marketing Realities in a Growing Digital EconomyJohn F. Abate
Technology is quickly changing the way we view and interact with the world today. The global economy is also aligning with technological innovations at a meteoric pace. Hence, today the world is witnessing a speedy migration from the conventional economic model to the digitized or digital economy. The digital economy refers to the economic activities that stem from the global interconnectedness between people, businesses, and data over the Internet. Therefore, for marketing in the twenty-first century to be relevant and effective, it must align with the various intricacies and demands of the global digital economy.
According to the Interactive Advertising Bureau (IAB), the Internet economy is growing seven times as fast as the larger US economy. The report further provides that the Internet accounts for about 12 percent of the gross domestic product (GDP). Also, the Internet accounted for $2.45 trillion of the US GDP in 2020. Statistica reported that by 2025 about 94.2 percent of people in the United States would have access to the Internet. Also, by 2025 mobile phone subscriptions will hit 154 per 100 individuals in the US. Global digital marketing will reach $786.2 billion by 2026, while digital marketing and advertising in the United States is estimated at $155.3 billion in 2021.
10619, 1052 AMGlobalization Is Not in RetreatPage 1 of .docxaulasnilda
10/6/19, 10:52 AMGlobalization Is Not in Retreat
Page 1 of 8https://www.foreignaffairs.com/print/1122156
Home > Globalization Is Not in Retreat
Monday, April 16, 2018 - 12:00am
Globalization Is Not in Retreat
Digital Technology and the Future of Trade
Susan Lund and Laura Tyson
SUSAN LUND is a Partner at McKinsey & Company and a leader of the McKinsey Global
Institute. LAURA TYSON is Distinguished Professor of the Graduate School at the Haas School
of Business at the University of California, Berkeley. She served as Chair of the White House
Council of Economic Advisers during the Clinton Administration.
LAURA TYSON is Distinguished Professor of the Graduate School at the Haas School of
Business at the University of California, Berkeley. She served as Chair of the White House
Council of Economic Advisers during the Clinton administration.
By many standard measures, globalization is in retreat [1]. The 2008 financial crisis and the
ensuing recession brought an end to three decades of rapid growth in the trade of goods and
services. Cross-border financial flows have fallen by two-thirds. In many countries that have
traditionally championed globalization, including the United States and the United Kingdom, the
political conversation about trade has shifted from a focus on economic benefits to concerns
about job loss, dislocation, deindustrialization, and inequality [2]. A once solid consensus that
trade is a win-win proposition has given way to zero-sum thinking and calls for higher barriers.
Since November 2008, according to the research group Global Trade Alert, the G-20 countries
have implemented more than 6,600 protectionist measures.
But that’s only part of the story. Even as its detractors erect new impediments and walk away
from free-trade agreements, globalization is in fact continuing its forward march—but along new
paths. In its previous incarnation, it was trade-based and Western-led. Today, globalization is
being driven by digital technology and is increasingly led by China and other emerging
economies. While trade predicated on global supply chains that take advantage of cheap labor is
slowing, new digital technologies mean that more actors can participate in cross-border
transactions than ever before, from small businesses to multinational corporations. And
economic leadership is shifting east and south, as the United States turns inward and the EU and
the United Kingdom negotiate a divorce [3].
10/6/19, 10:52 AMGlobalization Is Not in Retreat
Page 2 of 8https://www.foreignaffairs.com/print/1122156
In other words, globalization has not given way to deglobalization; it has simply entered a
different phase. This new era will bring economic and societal benefits, boosting innovation and
productivity, offering people unprecedented (and often free) access to information, and linking
consumers and suppliers across the world. But it will also be disruptive. After certain sectors fade
away, certain jobs will disappear, and n ...
Vaccine management system project report documentation..pdfKamal Acharya
The Division of Vaccine and Immunization is facing increasing difficulty monitoring vaccines and other commodities distribution once they have been distributed from the national stores. With the introduction of new vaccines, more challenges have been anticipated with this additions posing serious threat to the already over strained vaccine supply chain system in Kenya.
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Digital transformation in china’s sm es the critical success factors and tran...Equancy Paris
Digital transformation in China is customer-driven instead of enterprise-driven. The Internet adoption ratio in SMEs that contribute 70 percent of China’s GDP is way much lower than that in developed countries. The paper aimed to identify the critical success factors for SME’s digital transformation and then provide a sufficient transformation framework through analyzing a small chemical company in China. Three issues are defined as the main boundaries in digital transformation in China’s SMEs: the lack of awareness and strategic vision of Digital, the lack of sufficient change management, and the lack of experts. The seven main activities of MICEP methodology can be applied in Chinese SMEs. But the emphasis may different between one and another.
The crisis associated with COVID-19 is changing the e-commerce market. In just a few weeks, we have found ourselves in a completely new reality. For some, the pandemic is a chance for business development and gaining new market segments; for others, it has become a dramatic struggle for survival.
That's why our Codest experts dived into the market, analyzed available data, and prepared our own analysis and tips for all e-commerce companies which are struggling to win the battle with COVID-19. We released the report that is must-read for the whole industry (and not only!). It will help you understand better the current situation on the market and inspire you how to turn a threat into a success.
Online shopping is common now a day. Both
traditional and online shopping are happening side by side.
However, online shopping is getting more and more
popularity year after year. In this context, this conceptual
and secondary data-based paper aims at understanding
growth and status of online shopping in the world and in
particular to India. The growth, and participating
companies and future of online shopping were studied
along with their problems based on the data collected from
various secondary sources.
From our local office at Beijing, we are glad to release an introduction to the Chinese Internet Market.
With the chinese economy still growing fast, the internet market has experimented an incredible growth in recent years. And what is more promising, every analysis foresee what is seems to be an unprecedented boom for the years to come.
Tips for the Food sector: To keep up with this constantly shifting consumer behavior, look for early signs by using Google Trends to see how demand for certain food products or delivery services is changing to meet people’s needs.
Tips for Travel marketers: Our APAC travel recovery itinerary revealed that people have local trips and safety in mind, so marketers should seek to provide safety information upfront and present local product offerings and fun activities.
Tips for keeping people entertained: Though some people who signed up for a new entertainment source might stay, there’s also a higher likelihood of churn when their trial period ends. If you saw an increase in people signing up for your online products and services, focus on retention to keep them coming back, especially if you offered a free trial during the pandemic.
Tips for merchants: Make sure you integrate digital payment options for your consumers. Digital payments are expected to see a continued boost post-COVID-19, and trust in e-Wallets will likely increase.
Although there is still some instability, the internet sector in SEA is set to emerge stronger than ever in a post-COVID-19 world. The digital economy remains a bright spot in a very challenging economic environment, and e-Commerce remains a key driver of growth. The biggest takeaway for brands and marketers is the need to focus on people and their changing habits online, as well as keeping up with changing trends, as we continue to understand what our new normal will look like in the future.
Industrial Revolution and the Market’s Perspective towards the Business Indus...ijtsrd
Industrial Revolution directly affects the Business Industry through its demands of innovation, changes, and adaptation, this research however focused on how the market gets affected by it. The results show clear effects of Industrial Revolution towards the perspective of the business industry market in terms of their needs and wants, product delivery system, and branding. This also justifies that Industrial Revolution aside from its positive contributions to the growth of the economy also brings negative impacts particularly on employment opportunities, environment, and the operations of small and medium sized businesses. This research is a good basis for a sustainable and responsible Industrial development initiative and a guide to the business industry in making sure sustainable operations. Mark Gabriel Wagan Aguilar "Industrial Revolution and the Market’s Perspective towards the Business Industry: A Macro Analysis" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-4 | Issue-3 , April 2020, URL: https://www.ijtsrd.com/papers/ijtsrd30695.pdf Paper Url :https://www.ijtsrd.com/management/general-management/30695/industrial-revolution-and-the-market%E2%80%99s-perspective-towards-the-business-industry-a-macro-analysis/mark-gabriel-wagan-aguilar
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While we are aware that coronavirus is a serious health matter, we would like to face it as another challenge in our industry and we encourage our clients to face it like one too.
Marketing Realities in a Growing Digital EconomyJohn F. Abate
Technology is quickly changing the way we view and interact with the world today. The global economy is also aligning with technological innovations at a meteoric pace. Hence, today the world is witnessing a speedy migration from the conventional economic model to the digitized or digital economy. The digital economy refers to the economic activities that stem from the global interconnectedness between people, businesses, and data over the Internet. Therefore, for marketing in the twenty-first century to be relevant and effective, it must align with the various intricacies and demands of the global digital economy.
According to the Interactive Advertising Bureau (IAB), the Internet economy is growing seven times as fast as the larger US economy. The report further provides that the Internet accounts for about 12 percent of the gross domestic product (GDP). Also, the Internet accounted for $2.45 trillion of the US GDP in 2020. Statistica reported that by 2025 about 94.2 percent of people in the United States would have access to the Internet. Also, by 2025 mobile phone subscriptions will hit 154 per 100 individuals in the US. Global digital marketing will reach $786.2 billion by 2026, while digital marketing and advertising in the United States is estimated at $155.3 billion in 2021.
10619, 1052 AMGlobalization Is Not in RetreatPage 1 of .docxaulasnilda
10/6/19, 10:52 AMGlobalization Is Not in Retreat
Page 1 of 8https://www.foreignaffairs.com/print/1122156
Home > Globalization Is Not in Retreat
Monday, April 16, 2018 - 12:00am
Globalization Is Not in Retreat
Digital Technology and the Future of Trade
Susan Lund and Laura Tyson
SUSAN LUND is a Partner at McKinsey & Company and a leader of the McKinsey Global
Institute. LAURA TYSON is Distinguished Professor of the Graduate School at the Haas School
of Business at the University of California, Berkeley. She served as Chair of the White House
Council of Economic Advisers during the Clinton Administration.
LAURA TYSON is Distinguished Professor of the Graduate School at the Haas School of
Business at the University of California, Berkeley. She served as Chair of the White House
Council of Economic Advisers during the Clinton administration.
By many standard measures, globalization is in retreat [1]. The 2008 financial crisis and the
ensuing recession brought an end to three decades of rapid growth in the trade of goods and
services. Cross-border financial flows have fallen by two-thirds. In many countries that have
traditionally championed globalization, including the United States and the United Kingdom, the
political conversation about trade has shifted from a focus on economic benefits to concerns
about job loss, dislocation, deindustrialization, and inequality [2]. A once solid consensus that
trade is a win-win proposition has given way to zero-sum thinking and calls for higher barriers.
Since November 2008, according to the research group Global Trade Alert, the G-20 countries
have implemented more than 6,600 protectionist measures.
But that’s only part of the story. Even as its detractors erect new impediments and walk away
from free-trade agreements, globalization is in fact continuing its forward march—but along new
paths. In its previous incarnation, it was trade-based and Western-led. Today, globalization is
being driven by digital technology and is increasingly led by China and other emerging
economies. While trade predicated on global supply chains that take advantage of cheap labor is
slowing, new digital technologies mean that more actors can participate in cross-border
transactions than ever before, from small businesses to multinational corporations. And
economic leadership is shifting east and south, as the United States turns inward and the EU and
the United Kingdom negotiate a divorce [3].
10/6/19, 10:52 AMGlobalization Is Not in Retreat
Page 2 of 8https://www.foreignaffairs.com/print/1122156
In other words, globalization has not given way to deglobalization; it has simply entered a
different phase. This new era will bring economic and societal benefits, boosting innovation and
productivity, offering people unprecedented (and often free) access to information, and linking
consumers and suppliers across the world. But it will also be disruptive. After certain sectors fade
away, certain jobs will disappear, and n ...
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About
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
• Remote control: Parallel or serial interface.
• Compatible with MAFI CCR system.
• Compatible with IDM8000 CCR.
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
• Easy in configuration using DIP switches.
Technical Specifications
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
Key Features
Indigenized remote control interface card suitable for MAFI system CCR equipment. Compatible for IDM8000 CCR. Backplane mounted serial and TCP/Ethernet communication module for CCR remote access. IDM 8000 CCR remote control on serial and TCP protocol.
• Remote control: Parallel or serial interface
• Compatible with MAFI CCR system
• Copatiable with IDM8000 CCR
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
Application
• Remote control: Parallel or serial interface.
• Compatible with MAFI CCR system.
• Compatible with IDM8000 CCR.
• Compatible with Backplane mount serial communication.
• Compatible with commercial and Defence aviation CCR system.
• Remote control system for accessing CCR and allied system over serial or TCP.
• Indigenized local Support/presence in India.
• Easy in configuration using DIP switches.
COLLEGE BUS MANAGEMENT SYSTEM PROJECT REPORT.pdfKamal Acharya
The College Bus Management system is completely developed by Visual Basic .NET Version. The application is connect with most secured database language MS SQL Server. The application is develop by using best combination of front-end and back-end languages. The application is totally design like flat user interface. This flat user interface is more attractive user interface in 2017. The application is gives more important to the system functionality. The application is to manage the student’s details, driver’s details, bus details, bus route details, bus fees details and more. The application has only one unit for admin. The admin can manage the entire application. The admin can login into the application by using username and password of the admin. The application is develop for big and small colleges. It is more user friendly for non-computer person. Even they can easily learn how to manage the application within hours. The application is more secure by the admin. The system will give an effective output for the VB.Net and SQL Server given as input to the system. The compiled java program given as input to the system, after scanning the program will generate different reports. The application generates the report for users. The admin can view and download the report of the data. The application deliver the excel format reports. Because, excel formatted reports is very easy to understand the income and expense of the college bus. This application is mainly develop for windows operating system users. In 2017, 73% of people enterprises are using windows operating system. So the application will easily install for all the windows operating system users. The application-developed size is very low. The application consumes very low space in disk. Therefore, the user can allocate very minimum local disk space for this application.
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1. International Journal of Computer Science & Information Technology (IJCSIT) Vol 14, No 4, August 2022
DOI: 10.5121/ijcsit.2022.14407 81
IMPACT OF PANDEMIC ON E-COMMERCE IN ASIA
Bilal Ahmed Wani and Dr. Noor Azizah BT. Mohamad Ali
Kulliyyah of Information and Communication Technology International Islamic
University of Malaysia, Kuala Lumpur, Malaysia
ABSTRACT
The primary objective of this study is to investigate the impact that the coronavirus known as Covid-19 has
had on the e-commerce in Asia. Coronavirus, one of the most lethal viruses currently known, is responsible
for the deaths of many people. This indicates that the rate of economic growth in the nation has slowed
down. On a very large scale, it has nearly completely disrupted all other kinds of businesses, including the
e-commerce company. Most outlets owned by major merchants had been closed indefinitely. Aside from
that, the situation is difficult for medium and small-sized enterprises (SMEs) since there are less customers
shopping at their stores. Additionally, e-commerce companies should not be excluded from consideration.
Additionally, Asia has a significant negative impact on them. China is the primary source of more than half
of the goods items sold by many online retailers. As a result, it is presumable that this lethal virus will have
a significant influence on the internet commerce conducted across Asia, particularly about the sale of
Chinese goods. A survey was carried out as part of this study, and primary research was carried out as
well, to get a more fruitful conclusion. The findings showed that most goods originate in China, and most
industries are under lockdown, which implies that no items are imported or exported. This was shown by
the fact that most industries are closed.
KEYWORDS
e-commerce; Pandemic, Asia, Covid-19
1. INTRODUCTION
Online shopping in Southeast Asia has increased by 32 percent on average over the last 2-3 years,
whereas traditional purchasing has decreased by 35 percent. The COVID-19 pandemic offered a
huge boost to the development of eCommerce in emerging nations. Only in Thailand are
projections predicting that online sales would reach $49 billion in 2021, which is an increase
from $33 billion in 2017. The total basket size also increased, leading to an overall 10 percent
increase in sales in Indonesia. Internet sales in China, which had already established itself as the
region's largest market, increased by an additional 22 percent. Transactions made through
eCommerce platforms increased concurrently with shutdown orders. In Thailand, during the
week of March 22, when the government enforced a countrywide lockdown, there was an
increase of sixty percent (3) in the number of app downloads for shopping-related purposes.
When limitations were increased in Vietnam and Singapore, there was a 10 percent increase in
the number of downloads. E-commerce, technological advancements, business travel, and the
general state of the economy are all negatively impacted by the coronavirus (Covid-19). It has
already claimed the lives of a great number of people and is continuing to do so. In addition to
this, the protocols of lockdown are followed as a way of preventative measures in every nation,
including Malaysia, which has also embraced the same practices. It would seem that the virus has
caused havoc in both the private and the public sectors. There is no way around the reality that
the impact of new coronaviruses will have substantial repercussions for the nation as a whole,
including the economy and society. The ever-present danger posed by new coronaviruses is a
2. International Journal of Computer Science & Information Technology (IJCSIT) Vol 14, No 4, August 2022
82
catastrophe in terms of public health and is a drag on the economy as a whole. In addition to this,
the company's supply chain has been disrupted. It is anticipated that both production and the
manufacturers would experience more obstructions. The majority of the world's firms have their
manufacturing operations centered in China. Consequently, there would be ramifications for any
disruptions in the production in China. The online retailer is having trouble making sales of their
wares via their platform, and they are also coming up against significant challenges when
attempting to import goods from China. The majority of China's trade is concentrated in the areas
of machinery, equipment, instruments, and communication-related hardware. Any interruptions
that occur in these industries will simply impact business in other countries. In a similar manner,
the Chinese product is essential to the Malaysian market, and its absence would have a significant
negative effect on the Malaysian economy. In addition, the lockdown has made it difficult to get
goods into and out of the nation, which has hampered economic activity. The coronavirus's
consequences may be observed everywhere. In addition to the e-commerce industry, other
industries that have been shaken up include the automobile industry, the metals and metal
products industry, the chemical industry, the communication equipment industry, the rubber and
plastics industry, and the office machinery industry. A great number of online firms are now
dealing with product shortages, and as a result, they are unable to meet the demands of their
respective clients. After everything has been resolved, this might result in a rise in the cost of the
items in the foreseeable future. In addition, firms involved in online trade are making efforts to
address the issue. Consider the fact that the Amazon does not only conduct business in one nation
but also in other countries in addition to the country it is named after. Amazon has the largest
proportion of sellers from China of any online retailer. The strain that is being caused by their
supply crisis is likely to be felt by other internet firms as well.
2. LITERATURE REVIEW
Over the course of the last two decades, the term China has entered the vernacular of every
nation. It has emerged as one of the most important nations in the effort to boost the economy of
the nation. By providing them with excellent infrastructure, the nation plays a significant part in
the process of fostering economic growth in the region. China is not just a big producer and
exporter of the product in question, but also a key supplier of urgent things to companies that
make other commodities. China is responsible for producing around 20% of all manufactured
goods sold throughout the world. As a result of this, the nations are now dealing with a
significant challenge as a result of the spread of COVID 19. Not just China, but also other nations
where their goods are shipped are experiencing similar difficulties. Due to the fast spread of this
epidemic in Asia, online sales have stalled. Asian countries are very reliable source for China
products. Businesses operating on the internet face the same challenges as their private and public
sector counterparts in the nation. Because of this, not just the automobile sector but also the
equipment business and other connected industries have been impacted. Due to the ongoing
epidemic of COVID-19, retail businesses throughout the country have been compelled to stay
closed. This scenario has been discovered as causing an unprecedented level of interruption to
many different enterprises. Lockdowns and the subsequent social distance have oriented toward
the increase in the activities of the user when a number of big cities have declared themselves to
be self-isolated. Users have increased their activity levels inside the web apps that are related to
shopping in Malaysia. According to the findings of the research investigations, it has been
discovered that the number of people using online retail applications and e-commerce mobile
apps has significantly increased, both in terms of active users and new users. Since the first week
of March in the fiscal year 2020, there has been clear evidence of an increase in the size of the
audience that watches content online. The same pattern may be seen in smartphone apps for
online wholesale retailers. In the second week of March 2020, active users, new users, and
payments out increased. The analysts believe that there will be a greater percentage of active
viewers using the online platform in March in comparison to the months of January and
3. International Journal of Computer Science & Information Technology (IJCSIT) Vol 14, No 4, August 2022
83
February. Online mobile applications are seeing an increase in the number of downloads and
active users mostly on websites that provide food delivery services and amenities. This is the case
for the most part. Increases in internet traffic on food delivery websites have been seen in many
countries of Southeast Asia, such as Malaysia, Taiwan, Thailand, Singapore, and Hong Kong.
Other countries in the region include Singapore and Hong Kong. According to a researcher who
examined the growth in demand and traffic and discovered that there was a large increase in the
number of active and new customers during the first period of March, the pace of growing traffic
has grown with each passing day starting in the month of March 2020. He went on to say that as
time has passed, the pace at which traffic has grown has also increased.
3. COVID-19
Coronavirus is one of the most contagious viruses that commonly occurs in people following
exposure to someone with severe acute respiratory illness. As a result of the specific disease's
widespread distribution throughout several countries, a pandemic public health catastrophe has
developed as a result of the situation. The COVID-19 epidemic is significantly driving the shift
toward digital commerce. This is happening in a very substantial way. It is anticipated that the
people of the country would engage in social detachment as a consumer practice. COVID-19 is
an underlying factor because to its influence on global and national economies. Because of this
epidemic, the people of the country have set a greater degree of restrictions not only on
individuals but also on corporations. These restrictions apply to both private citizens and
commercial enterprises. The spread of this virus has been responsible for a significant number of
disasters that have been experienced by the global economy. Because the health of the whole
population and the economy have been reliant to a larger degree on this specific pandemic,
COVID-19 has been presented as the independent variable in this research. It should also be
noted that the customer's actions are considered as an independent variable. The method in which
the populace would react to the specific pandemic caused by COVID-19 is the primary
justification for its independence. Because of the tremendous effect that this pandemic would
have, consumers will be more inclined to take the appropriate measures and behave in accordance
with those safeguards. As a result, the purchasing patterns of Malaysian consumers are the most
important factor that determines the level of demand for e-commerce-related commercial
endeavours. Because of a lack of products and services at outlets and enterprises, customers'
inclination to buy would be affected by lockouts throughout the countries. For this specific
reason, the consumer should place most of their reliance on the e-commerce platform to meet the
key demands necessary for their continued life.
4. INCREASE SALES AND EXPAND CATEGORIES
It should not come as a surprise that people's panic shopping resulted to an increase in the amount
they spent on food. According to James Chang, the Chief Executive Officer of Lazada Singapore,
customers "have been purchasing 4 to 10 times more food basics." [4]
Consumers are worried about infection and keeping their houses clean, so they spend more on
personal hygiene products, cleaning materials, and immune-boosting vitamins. According to
research by Kantar [1], 48% of consumers said that they purchased more face masks and hand
sanitizer; 45% spent more on health and nutritional goods; and 40% increased their expenditure
on house cleaning products.
4. International Journal of Computer Science & Information Technology (IJCSIT) Vol 14, No 4, August 2022
84
Figure 1. [Source: Techinasia]
The pharmaceutical and health category saw an almost threefold increase in the number of
parcels handled by Singapore-based logistics firm Ninja Van during the month of February [5].
Qoo10 saw an increase in demand [6] for face masks, hand sanitizers, and other health
supplements such as vitamin C and black elderberry extracts, which are known to enhance the
immune system. On the other hand, spending decreased in several categories as a result of
consumers being concerned about their financial stability. For example, consumers spent 27
percent [1] less on luxury products, 30 percent [1] less on alcoholic beverages, and 21 percent [1]
less on meat and seafood.
More people are purchasing online to escape crowded stores, therefore brick-and-mortar
companies and brands are focusing on online transactions. Nevertheless, Lazada and Shopee
continue to be the most popular applications, even though more people in Malaysia and Indonesia
have downloaded Alibaba. Even when the worst of the Coronavirus crisis has passed, it is
probable that consumers will keep the altered buying patterns they developed during the
outbreak. Customers who have previously shopped online are likely to continue doing so, and the
epidemic inspired many consumers in Southeast Asia to make their first online purchases.
Products related to health and hygiene, such as face masks and hand sanitizer, are anticipated to
have a significant market presence over the long future. Even while online shopping has
benefited from the COVID-19 epidemic, individual online stores are still up against a great deal
of competition.
5. International Journal of Computer Science & Information Technology (IJCSIT) Vol 14, No 4, August 2022
85
Figure 2. [Source: Kantar]
Since COVID-19 began spreading uncertainty throughout the region, only a select few businesses
have been able to increase their value, according to an analysis conducted by Kantar that covered
the movement of stock prices for more than one hundred consumer goods companies located all
throughout Asia. As seen by the continued decline in stock prices around the globe, especially
Asia, consumers and markets are beginning to recognize the severity of the economic risk
presented by COVID-19.
5. DISCUSSIONS
The COVID-19 virus has had a tremendous influence on the e-commerce of the globe, and
although some of these effects have been bad, the industry is expanding at a fast rate as a direct
result of the virus. Customers were obliged to utilize the internet and make it a habit in their day-
to-day activities after Coronavirus (Abiad, Arao, & Dagli, 2020). In addition, there are a lot of
issues that merchants must face when it comes to e-commerce, such as increasing the delivery
time, having trouble during movement management, having social distance, and having
lockdowns (Hasanat et al., 2020). Even if the process of distribution and supply is relatively
lengthy now, there is still demand for the product since customers have few other options. As a
result, more and more individuals are turning to technology because of viruses.
In addition, there is a very strong demand in the market for certain items. Even businesses are
unable to meet the needs of their customers for things like hand sanitizers, toilet paper, disposable
gloves, supermarket products, and dairy goods. On the other side, COVID-19 has a bad impact on
the tourist business, planes are losing money, and international trade is moving at a very snail's
pace and people are stranded where they are.
The data analysis that was carried out up above demonstrates that there has been a detrimental
effect brought about by the coronavirus on the e-business in Asia (COVID-19). The unfavourable
impact that has been created is having an effect, not only on sales but also on the purchasing habit
of consumers. Because to COVID-19, the economic climate in Asia as well as the rest of the
world has become more unfavourable. The decline in purchasing behaviour on the part of
consumers is one of the obstacles that online merchants must overcome to succeed in the e-
business. The reduction in purchasing activity has a knock-on effect on both the supply chain and
the logistics of shipment. E-businesses will suffer enormous losses because of this, which will
further contribute to the decline of their industry. The introduction of Chinese goods on the Asian
market contributes to a reduction in demand for such goods by causing customers' purchasing
habits to change, which in turn has a negative impact on demand. Because of this, a greater
impact is being made on the online businesses that are already operating in the Asian market.
6. International Journal of Computer Science & Information Technology (IJCSIT) Vol 14, No 4, August 2022
86
"There's a potential of food contamination" is used when the consumer is apprehensive about
online meal delivery. This reduces face-to-face engagement, which lowers e-commerce
purchases.
6. CONCLUSIONS
In this article, we take a look at the COVID-19 epidemic that occurred in China and discuss it at
length. Our main focus is on how the Coronavirus spreads and affects China's e-commerce and
the rest of the globe, especially Asia. Increased knowledge of this problem may lead to a better
educated population and careful consideration of how e-commerce, business, and the economy of
affected countries are affected. E-commerce has given people additional possibilities to meet
their needs. COVID-19 facilitates improvements in online business. The manner in which it
affected e-commerce may inspire other scholars to do more in-depth study into topics related to
this sector, such as the e-commerce patterns that were modified by Corona and the trends that
will emerge in the future.
REFERENCES
[1] Kantar (2020), Asians worried sick about financial health
https://www.kantar.com/Inspiration/Coronavirus/COVID-19-Asians-worried-sick-about-financial-
health
[2] Leilani Felix, 2021, EFFECTIVE E-COMMERCE MARKETING STRATEGIES FOR SMALL
ONLINE RETAIL BUSINESSES, University of Phoenix
[3] Helin Öven & Melissa Hicintuka Covid-19 (2020), How does it affect international e-commerce
firms, Linnaeus University Sweden
[4] Soon Chen Kang (2020), COVID-19 whets appetite for e-commerce in Southeast Asia, but
bottlenecks remain https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-
headlines/covid-19-whets-appetite-for-e-commerce-in-southeast-asia-but-bottlenecks-remain-
57985529
[5] OECD (2020), “Food Supply Chains and COVID-19: Impacts and Policy Lessons”, OECD Policy
Responses to Coronavirus (COVID-19), http://www.oecd.org/coronavirus/policy-responses/food-
supply-chains-and-covid-19-impacts-and-policy-lessons-71b57aea/.
[6] Saheli Roy Choudhury (2020), Demand for online grocery and food delivery ticks higher in
Singapore amid coronavirus outbreak, https://www.cnbc.com/2020/02/28/coronavirus-singapore-
online-shopping-and-delivery.html
[7] REUTERS, 2020, Alibaba warns of drop in e-commerce revenues due to coronavirus; beats estimate
on record Singles' Day sales
[8] Putra Muskita 2020 Travel slumps, ecommerce thrives as Wuhan coronavirus spreads
[9] Coronavirus, O. E. C. D. (2020). The World Economy at Risk. OECD Economic Outlook, Interim
Report March.