As global economies came to a standstill in Q2 2020, the value of global mergers and acquisitions (M&A) fell to a record low US$375.79 billion. However, by Q4 2020, the temporary slump in M&A activity had more than tripled to reach US$1.2 trillion, an all-time high since the 2009 financial crisis.
Covid-19 is a game changer for e-Commerce in Southeast Asia (SEA). In 2020 alone, the region saw over 40 million new users joining the Internet Economy for the first time. This puts total internet users in SEA at 400 million, with the gross market value of SEA's Internet Economy on track to hit US$350 billion by 2025.
India’s poultry industry has undergone major transformation in the last two decades. Valued at US$27.1 billion in 2020, it is expected to grow at an annual rate of 15.5% to reach US$64.5 billion by 2026.
Prior to the pandemic, Customer Relations Management (CRM) solutions were already growing at an increasing rate. In 2020, Covid-19 sparked a significant year-on-year increase, growing the CRM market by 10% to reach US$52.6 billion.
The pandemic cost global business travel US$710 billion in losses. Even before the onset of Covid-19 pandemic in 2020, the growth of business travel was sluggish.