Market Update: E-commerce in the Time of Coronavirus

The world is now in Month #2 of COVID-19, which just last week the World Health Organization declared to be a full-scale pandemic. Both public and private sectors have sprung into action (albeit at varying speeds) to combat the crisis, and news stories day and night are talking about citizen quarantines, as well as the halting of business and nonessential services in various countries, states, and municipalities. The global supply chain is already experiencing a once-in-a-lifetime disruption – one estimate even says 75% of companies are affected – not to mention the ripple effects that will be felt in the coming months and years. Here’s a quick update on some of the most popular e-commerce channels: