Hello, just the one update this week, but it's a big one..
💥 Online marketplaces - the definitive report.
A new report created in partnership with Adevinta, Speedinvest and Point Nine Capital takes a comprehensive look at the online marketplaces connecting and serving our world.
💰 Global marketplaces are worth $814 billion ⛅️ 55% of consumer marketplaces are well positioned to navigate Covid-19 ☔️ Another 22% might experience sharp recovery 🛍 Housing, healthcare, mobility, education and food still offer significant marketplace opportunities
The report assesses two decades of digital marketplace development, three months of Covid-19 impact, and the significant sectors still ripe for future disruption.
• Digital adoption is accelerating - Covid-19 is accelerating trends that were already underway • Marketplaces are becoming critical infrastructure - hockey-stick growth underlines a central service being provided • With 90% of consumer spending in areas largely unaddressed by marketplaces, the biggest opportunities still lie ahead
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