Bango Quantifies Increases to “Stay at Home” Behavior
Amazon.com, Inc. (AMZN)
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Source: Business Wire
Bango provides consumer spend forecast, based on behavior from markets initially impacted by Covid-19 CAMBRIDGE, England--(BUSINESS WIRE)--Bango (AIM: BGO), the mobile commerce company, has analyzed payment data from countries initially impacted by the outbreak of Covid-19. Data from Singapore, Taiwan, South Korea, Japan and Hong Kong provides an insight into the likely shifts in consumer behavior in European and North American markets, as governments and businesses respond to the outbreak of Covid-19, adopting “stay at home” policies. A summary of the findings are below:Online consumer spend following the outbreak of Covid-19Commerce CategoryAvg increase in 1st week of containmentAvg. increase in 1st week of lockdownSocial Gaming+10%+21%Online Goods+11%+21%Streaming+14%+25%Food Delivery+30%+40%Note: These changes represent data taken from one week across a range of sources.Data points were gathered measuring spend prior to containment and lockdown taking effect in each analyzed ma
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