Location StrategyMar 6, 2020

March 5 2020: Mobile-Phone Data Shows Virus Crushing Some Retail Hot Spots

by Steve Bazant · Webster Pacific

Written by Bloomber's Jonathan Levin. Published on Bloomberg on March 5, 2020 \

Mobile-phone data -- a proxy measure for crowds -- is showing just how dramatically some of the world’s retail hot spots have cleared out as coronavirus spreads.\

In Seoul’s Myeongdong shopping district, mobile devices plummeted about 67% last weekend, compared to the weekend traffic four weeks earlier, according to UberMedia data analyzed by Webster Pacific.

***You can read the rest of the article on Bloomberg via this link

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