Online bartering soars as PH grapples with COVID-19
Struggling to make ends meet, Lorraine Imperio swapped a pair of Nike slip-on shoes for a whole dressed chicken on an online bartering site, one of dozens that have sprouted up during the Philippines’ virus lockdowns.
Online bartering groups have provided a lifeline to the Imperios and other Filipinos hit hard by the country’s months-long virus restrictions that started in March and have sent the economy plunging into a deep recession. Its analysis of 85 popular Facebook barter groups, with more than two million members in total, found food and other groceries were among the most sought-after items.
“Old items are more difficult to sell,” the 28-year-old said. “With bartering, it’s easier to convert them into food.”
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