The pandemic-induced travel restrictions and social-distancing measures have been hurting the Zacks Internet – Delivery Services industry. Nonetheless, recovery is anticipated for companies like GoDaddy GDDY, QuinStreet QNST and Asure Software ASUR as countries are slowly reopening their economies and lifting the travel bans. Additionally, a greater Internet presence in emerging markets, a burgeoning affluent middle class and the accelerated uptake of smartphones will aid Internet – Delivery Services industry participants.
However, elevated marketing expenses due to the planned expansion into new delivery markets will be an overhang on margins in the near term. Moreover, the spike in infection rates across several parts of the world due to the Omicron variant, which resulted in…
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