Growth of online traders might fade with the pandemic

One of the consequences of the worldwide pandemic, which has confined millions of people to their homes due to preventive lockdown measures, is the explosion of retail trading via new online platforms.

That’s at least partly responsible for the recent GameStop phenomenon, in which an army of retail traders collaborated on online forums to drive up the stock of the video-game retailer by more than 1,700% in January...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Subscribe Sign in

Cancel anytime.

Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

SIGN UP

SIGN IN

Please read our Comment Policy before commenting.