E-Commerce Unicorns 2022: Olist and Merama Target $580B LatAm E-Commerce Market

According to a recent market report, Latin America’s e-commerce market is expected to grow at 29% CAGR to $580 billion by 2024. The pandemic conditions have accelerated this growth, and led to the rise of several unicorns in the region.

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E-Commerce Unicorns 2022: RIDI Looks to International Markets for Webcomics

According to a recent report, the global Webtoons market is estimated to grow from $3.3 billion in 2021 to $22.22 billion by 2028 at a CAGR of 31%. South Korean players are big players in the industry with one of them recently joining the Unicorn club.

E-Commerce Unicorns 2022: Whatnot Builds a Flywheel for Influencer-Driven E-Commerce

According to a recently published study, the Global Influencer Marketing Platform market is projected to grow at 30.8% CAGR to reach $90.2 billion by 2030 from $8.4 billion in 2021. While social media giants like Facebook, Instagram, YouTube, and Pinterest are the biggest platforms available for this kind of e-commerce, there are other players, like Whatnot, who are making their presence felt in the market.

E-Commerce Unicorns 2022: Lofty Valuations for Profitable D2C E-Commerce Players Heyday and Vuori

According to the US Department of Commerce, e-commerce sales in the US grew 14.7% to $870 billion in 2021. The global e-commerce sales are expected to grow at 14.7% from 2020-2027. The industry is attracting a slew of entrepreneurs looking to cash in on this growth, resulting in the creation of several unicorn players.

E-Commerce Unicorns 2022: Motorway and Flink Meet Pandemic Driven Demands through E-Commerce

According to a report published earlier this year, the e-commerce market in Europe is expected to grow 7.3% annually to $363 billion by 2027 from $481 billion in 2022. The recent pandemic has accelerated the demand for e-commerce across various sectors. Supply chain issues have accelerated the demand, and values for used cars. One such player, benefitting from this growth, is UK-based Motorway, which entered the Unicorn club recently.

E-Commerce Unicorns 2022: Jokr Faces Troubles and Shutters US Operations

According to a report published last year, the global same day delivery market was expected to grow 21% annually to reach $20.36 billion by 2027. Several companies are trying to address the instant delivery requirements by setting up of micro fulfillment centers. But sustaining a profitable, and an attractive business model is appearing to be a challenge.

E-Commerce Unicorns 2022: Oddity Leverages AI to Guarantee the Right Foundation Color

Online purchase of make-up has never been easy. But with the pandemic, that sector has also accelerated its transition to the internet. Virtual try-ons have become easier with brands like Dior and Charlotte Tilbury allowing users to see the impact of their products over Zoom. Chanel too launched an app, Lipscanner, that allows people to try on different shades of lipstick on their own face using augmented reality. There are several other niche players who have entered the market, and are doing phenomenally well in the recent past.

E-Commerce Unicorns 2022: Fabric Builds Headless Commerce to Cater to e-commerce Growth

According to a recent report, the global e-commerce fulfillment services market size is expected to grow at 9.5% CAGR from $86.5 billion in 2021 through 2030. The continued adoption of e-commerce is resulting in the increase in the number of online buyers, especially in emerging economies. While Amazon remains the giant in the space, smaller companies are focusing on improving their tech stack to offer advanced fulfillment capabilities to other organizations.

Indian Unicorns 2022: Spinny Leverages AI in Used Car Market Through Scuoto Acquisition

According to a JM Financial report, the pre-owned car market in India is set to more than double to 8.2 million units or $47 billion by 2026 from 4 million units or $17 billion in 2021. The growth in the market is also driving the growth of the used car vendors such as Spinny, which recently joined the Unicorn club.

Indian E-Commerce Unicorns 2022: Good Glamm Targets Both Online and Offline D2C Market in India

According to a recent report, India’s beauty and personal care (BPC) market is estimated at $25.9 billion in 2020. It is projected to grow 8% annually to reach $32.7 billion by 2023. While traditional retailers continue to serve the market, there is a growing presence of e-commerce players as well. One such player is Good Glamm that recently joined the Unicorn club.