The competitive landscape of the food delivery market in Asia has changed a lot in 2021. Previously our reports showed how major food delivery companies in Asia were performing during covid (Read The Roller Coaster Goes On: Food-Delivery Companies in Asia). After a year of pandemic, the battle goes on, and is heating up in one of the most densely populated markets – Hong Kong.
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At one point in June, it appeared that a new all-time high for CMBS delinquencies would be reached. However, when the final numbers were posted, the 2012 high remains the peak for the time being. Trepp's CMBS Delinquency Rate in June is 10.32%, a jump of 317 basis points over the May number. About 5% of that number represents loans in the 30 days delinquent bucket while another 3.2% are now 60 days delinquent.
As businesses around the world locked down, Zoom (ZM) allowed employees to continue to connect and allowed commerce for online businesses to function with little disruption. Now that the company’s stock has run, where can investors turn to play the work from home theme?
