MANILA: Digital platforms and other technology-based tools are providing new growth opportunities for businesses in Asia and the Pacific, a trend that could contribute to the region’s recovery from the Covid-19 pandemic, according to a new Asian Development Bank (ADB) report.
“A digital platform creates a virtual place for communities to interact and exchange information, goods and services. With the rise of digital platforms, new business models have proliferated, offering enormous economic opportunities, ” the report said, adding the pandemic is speeding up the digital transformation for businesses of all sizes and across all industries.
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