COVID-19 Changes Will Affect EM Investment Opportunities Beyond Technology
KEY TAKEAWAYS COVID-19 has accelerated various trends, such as the migration to online and digital platforms, greatly boosting the growth of e-commerce. The pandemic has created long-term structural changes in consumer behavior beyond e-commerce, including remote working, distance learning and virtual health care. Tech companies whose products and services address the needs created by these trends are likely beneficiaries. These structural shifts in consumer behavior are widespread in China and throughout emerging markets, where e-commerce, internet penetration and digitalization are increasi...