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Charts: Fastest Growing Global Marketplaces

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Charts: Fastest Growing Global Marketplaces

On-line marketplaces are proliferating. What follows are charts of the fastest-growing marketplaces worldwide throughout all industries. “Marketplaces” we outline as websites that promote third-party services or products with out taking possession of these objects.

In keeping with Statista, the U.Okay. auto market Cazoo skilled the best share income improve with a compound annual development charge of 209% from 2020 to 2022. Opendoor, a U.S.-based actual property market, was second with a CAGR of 165%.

Yahoo Finance publishes monetary information and abstract overviews for a lot of international marketplaces, together with the highest 5 above.

  • Cazoo is a U.Okay.-based used automobile market.
  • Opendoor is a San Francisco-based market to purchase and promote homes
  • Supply Hero is a multinational food-delivery market based mostly in Germany.
  • CarGurus is a Massachusetts-based new and used automobile market.
  • Rover is a Seattle-based market of pet service suppliers, resembling groomers and boarders.

Edge by Ascential is a U.Okay.-based supplier of digital commerce information and consulting for international manufacturers and retailers. Final yr Ascential revealed a examine, “Way forward for Marketplaces 2022” (PDF), projecting trade development and key gamers by 2027.

Per the Ascential report, Latin America and Southeast Asia will seemingly expertise speedy B2C ecommerce development throughout that interval as shoppers transfer on-line. Marketplaces in these areas shall be among the many fastest-growing.

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