This company started to develop local hosting companies in many remote jurisdictions: Ukraine, Nigeria, United Arab Emirates, Republic of Central Africa, Mexico and Colombia.
Number of paid hosting plans increased by over 100% in 2020.
Around 8500 active paid web hosting plans as of October ’20 and 9000 registered paid domain names.
In 2019 hosting market was expected to grow from $90bn to $216bn in 2025 even before recent boom for online businesses.
Coronavirus situation encourages people to create web site and they need hosting provider. Free hosting account is often their first choice to try out.
COVID-19 also increases demand for free platform for educational purposes both from schools and people who are more often staying at home.
MergersCorp M&A International
