Sunday, December 21, 2025 | 04:20 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Staying safe from Covid-19 pandemic led to fast recovery in online biz

Revival in air travel, hotels, ride-sharing taking longer than expected

stratups, video, online, jobs, call, work from home, wfh
premium

Education technology, grocery, fashion, food delivery and UPI payments surpassed volumes or revenues of February, in the September-October period

Surajeet Das Gupta New Delhi
It’s been a mixed bag for the business performance of internet verticals across segments, with some managing to exceed pre-pandemic revenues and the rest failing to recover to earlier levels.
 
Education technology, grocery, fashion, food delivery and UPI payments surpassed volumes or revenues of February, in the September-October period. However, ride-sharing, classifieds, lending, airlines, and hotels were yet to show recovery to pre-Covid levels, according to a Goldman Sachs analysis.
 
In many sectors, these developments have hastened consolidation. A few big players control the market with their substantial market share.
 
Online travel portals have been particularly hit hard. Volumes and