Analysis of the key themes driving M&A activity reveals that ecommerce accounted for 5 payments deals announced in Q2 2023, worth a total value of $8m. The $7.5m acquisition of Hypur by POSaBIT Systems was the industry’s largest disclosed deal. GlobalData’s Business to Consumer (B2C) eCommerce Market Size, Share, Trends, and Segment Forecast to 2026 report offers a thorough analysis of the global B2C eCommerce market, segmentation and forecast by payment methods and region, and the current competitive landscape. Buy the report here.
In value terms, ecommerce-related deal activity decreased by 36% in Q2 2023 compared with the previous quarter’s total of $12.5m. Related deal volume decreased by 29% in Q2 2023 versus the previous quarter and was 17% lower than in Q2 2022.
The top-ranked legal advisors supporting these M&A deals in Q2 2023 were Allen & Overy; Arthur Cox; Clifford Chance with 1, 1, 1 deals respectively.
For further understanding of GlobalData's Business to Consumer (B2C) eCommerce Market Size, Share, Trends, and Segment Forecast to 2026 buy the report here.