Waking-up from a pandemic-induced high
As seen in the M&A activity during the pandemic years of 2020 and 2021, the Digital Commerce sector was flying high. From one day to the other, COVID caused a massive acceleration of digitalisation in the industry and society. However, in 2022, we saw a decline in number of transactions. Political and economic uncertainties have affected investor moods – the private and VC sectors have seen a massive decline in deals over the past year, as have publicly listed companies.
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