Business
Will the ASX share e-commerce boom last?
Morgan Stanley analyst Brian Nowak has shared some interesting thoughts about the impacts of COVID-19 on the internet. His thoughts and comments could be relevant to e-commerce ASX shares.
Mr Nowak pointed out that the internet played a big part in helping households and businesses alike get through the COVID-19 lockdowns. People turned to online food shopping – my own household did too – streamed entertainment or perhaps played video games.
A big question for him is – are these changes permanent or will the world go back to “old habits and real-world experiences.”
Which ASX shares have seen online shopping booms?
Many businesses have seen an increase in sales and profit thanks to the rapid increase of e-commerce…
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