Back to physical stores. E-commerce falters in Nepal's topsy-turvy business climate
Kathmandu, April 14 -- The 'To-Let' sign hanging in shops across Kathmandu Valley has been a common sight for the last two years.
Shoppers say stores that deliver goods and services to the customer's doors have eaten a huge market pie of physical stores ever since the Covid-19 pandemic in 2020.
Now, it's the turn of shops. The impact of the economic slowdown that has eroded people's income has become visible in marketplaces with many shutting down operations and laying off workers.
Market insiders say that the economic slowdown has hit almost every sector, and e-commerce could not remain an exception.
The e-commerce sector thrived especially after the pandemic with most companies reporting business growth by tenfolds.
Sastodeal, one ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.