How the e-commerce landscape has evolved in the last 18 months

The last 18 months have been an accelerator and game changer for e-commerce. Financial and operational metrics have significantly improved, as has the M&A environment. In the medium to long term, we expect e-commerce to sustainably benefit while in the short term growth and profitability might suffer in light of last year’s COVID-19 driven growth and shortages in the supply chain.
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