{"id":5749,"date":"2018-11-17T12:22:07","date_gmt":"2018-11-17T11:22:07","guid":{"rendered":"https:\/\/staging.capitalmind.com\/e-commerce-sector-and-ma-report\/"},"modified":"2019-08-26T11:50:05","modified_gmt":"2019-08-26T09:50:05","slug":"e-commerce-sector-and-ma-report","status":"publish","type":"post","link":"https:\/\/dev2.capitalmind.com\/de\/e-commerce-sector-and-ma-report\/","title":{"rendered":"E-Commerce Sector and M&#038;A Report"},"content":{"rendered":"<p><strong>Key takeaways from our report:<\/strong><\/p>\n<ul>\n<li>The Western European e-commerce market is forecast to expand at a CAGR2017-2022 of 10%.<\/li>\n<\/ul>\n<p>However, there are some major threats:<\/p>\n<ul>\n<li>Scaled marketplaces (eg. Amazon) are becoming a primary source for supply &amp; product search;<\/li>\n<li>Increased competition from leading brands and online players with greater financial resources and operational excellence in logistics, payments, innovation, etc;<\/li>\n<li>Rising customer acquisition costs (vs. decreasing customer lifetime value) are eating into margins of independent online shops.<\/li>\n<\/ul>\n<p>Valuations are high in the listed space (the Top 30 players had an average sales multiple of ~1.9x at the end of 2017), which is supporting high transaction multiples in the European mid-market.<\/p>\n<p>Digitalization of brick &amp; mortar retail has become an important M&amp;A driver: traditional retailers are increasingly acquiring e-commerce businesses to develop digital competencies that can be rapidly bolted on to existing operations.<\/p>\n<ul>\n<li>We saw this when SIGNA Retail acquired outfitter.com in 2016\/17 to improve Karstadt Sports\u2019 online presence. [Note: Investec&#8217;s e-commerce lead in Germany J\u00fcrgen Schwarz advised on this landmark transaction.]<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways from our report: The Western European e-commerce market is forecast to expand at a CAGR2017-2022 of 10%. However,&#8230;<\/p>\n","protected":false},"author":17,"featured_media":8437,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3801],"tags":[],"news-event-type":[],"dealtype":[],"blog-tag":[],"class_list":["post-5749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sectornews-de","ps-consumer-de"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/posts\/5749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/comments?post=5749"}],"version-history":[{"count":0,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/posts\/5749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/media\/8437"}],"wp:attachment":[{"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/media?parent=5749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/categories?post=5749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/tags?post=5749"},{"taxonomy":"news-event-type","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/news-event-type?post=5749"},{"taxonomy":"dealtype","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/dealtype?post=5749"},{"taxonomy":"blog-tag","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/blog-tag?post=5749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}