Q3 2023 E-Commerce Industry Update

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GCG’s Q3 2023 E-Commerce Industry Update provides an overview of the latest trends in the sector, including recent performance, valuation multiples, and the state of the middle-market M&A environment.

Key findings include the following:

  • The E-Commerce landscape undergoes continuous transformation, influenced primarily by shifts in consumer behavior and rapid technological advancements.
  • Beyond mere transactions, the D2C model is rejuvenating brand-consumer relationships, fostering heightened levels of loyalty and engagement – evidenced by the positive growth rates of D2C E-Commerce sales in the U.S.
  • Transaction volume in the E-Commerce industry decreased by 29% in Q3 2023 compared to the previous quarter. Transaction volume also decreased on a year-over-year basis by 28%.
  • As the D2C realm grows, it’s evident that the melding of state-of-the-art technologies and a deep comprehension of shifting consumer tastes will be instrumental in steering its trajectory.

Click here for the full update.


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