According to a survey from 2020, approximately 25 percent of small businesses in the Asia Pacific region began or increased their focus on online sales in response to COVID-19. A comparable share of respondents in Asia Pacific also reduced capital expenditure in 2020.
Leading actions taken by small businesses in response to COVID-19 in Asia Pacific in 2020
small business owners or managers from Australia, China, Hong Kong, India, Indonesia, Malaysia, New Zealand, the Philippines, Singapore, Taiwan, and Vietnam
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CPA Australia. (March 19, 2021). Leading actions taken by small businesses in response to COVID-19 in Asia Pacific in 2020 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1245038/apac-actions-taken-by-small-businesses-in-response-to-covid-19/
CPA Australia. "Leading actions taken by small businesses in response to COVID-19 in Asia Pacific in 2020." Chart. March 19, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1245038/apac-actions-taken-by-small-businesses-in-response-to-covid-19/
CPA Australia. (2021). Leading actions taken by small businesses in response to COVID-19 in Asia Pacific in 2020. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1245038/apac-actions-taken-by-small-businesses-in-response-to-covid-19/
CPA Australia. "Leading Actions Taken by Small Businesses in Response to Covid-19 in Asia Pacific in 2020." Statista, Statista Inc., 19 Mar 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1245038/apac-actions-taken-by-small-businesses-in-response-to-covid-19/
CPA Australia, Leading actions taken by small businesses in response to COVID-19 in Asia Pacific in 2020 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1245038/apac-actions-taken-by-small-businesses-in-response-to-covid-19/ (last visited November 10, 2024)
Leading actions taken by small businesses in response to COVID-19 in Asia Pacific in 2020 [Graph], CPA Australia, March 19, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1245038/apac-actions-taken-by-small-businesses-in-response-to-covid-19/