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Stock impact report

Tech, Media & Telecom Trends 2020: Comprehensive Outlook for Key Players in the TMT Industry

58. COM INC (WUBA) 
Last 58. com inc earnings: 3/11 07:00 pm Check Earnings Report
US:NYSE Investor Relations: 58.investorroom.com
Company Research Source: PR Newswire
DUBLIN, April 7, 2020 /PRNewswire/ -- The "Tech, Media, & Telecom Trends 2020 - Updated for the impact of COVID-19 - Thematic Research" report has been added to ResearchAndMarkets.com's offering. COVID-19 is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for 3 months or more. It is effectively a stress test on companies' ability to cope with extreme shocks. COVID-19 will test the financial robustness of companies. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues.As the world enters lockdown, offices are closing, forcing desk-based staff to work at home. There will be many consequences for the IT industry, some sectors of which will perform better than others. Some will fare relatively well in the short term, for example collaboration software vendors and cloud services providers. Others - particularly IT infras Show less Read more
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