GVG predicts winners of the next digital racestartups, digital giants like Amazon or incumbents like Walmart?

General Press Releases Thursday October 10, 2019 08:59
SAN FRANCISCO--10 Oct--PRNewswire/InfoQuest

GVG Capital, the #1 ranked global private equity firm in digital transformation, today released Who Will Win Next Digital Race: startups, digital giants like Amazon or incumbents like Walmart, Tata, Lidl? based upon the world's largest digital transformation study spanning 5,000 companies across 100 countries.

The stakes could not be higher with room for 1 winner- digital giant- in each large market, e.g. Amazon in US retail or Tencent in Chinese media. 'Digital giants' are $100 billion+ companies that dominate their respective markets. $50 trillion in global consumer spending is anticipated to shift online by 2030—unleashing 40 new digital giants from 15 more countries like India and Germany in dozens of trillion-dollar markets from food to health.

Key insights:
  • The first digital race (1995-2020) produced 8 digital giants, including 7 of the world's 10 most valuable companies: 6 from US (Amazon, Apple, Facebook, Google, Microsoft, Netflix), 2 from China (Alibaba, Tencent).
  • The next digital race (2020-2030) will produce 40 new digital giants from 15 more countries: India, Indonesia, Japan, Singapore, South Korea, France, Germany, Italy, Netherlands, Spain, Sweden, UK, Brazil, Mexico and UAE in dozens of trillion-dollar markets: health, real estate, food, retail, financial services, media, consumer products, transportation, telecom, technology.
  • Incumbents have a window of opportunity because startups and digital giants face structural challenges, governmental backlash, populist resentment and investor skepticism.
  • To win the next digital race and build new digital giants, companies must improve customer experience 10X, operate at founder-owner speed and disrupt their markets with internet enabled innovation. Companies with concentrated ownership—founder, family or private equity—have a significant advantage."Our insights are shaped by twenty-five years of hands-on experience building 30 digital market leaders across four continents in more than a dozen sectors including retail, AI, logistics, financial services and food", according to Mr. Love Goel, Chairman and CEO of GVG and the report's author. Full report available at: https://bit.ly/35fbjLt.
About GVG Capital (https://www.gvgcapital.com/)

GVG Capital is a leading global private equity firm known for leading the world's 7 most successful digital transformations, building 18 billion-dollar startups, unlocking $100 billion in shareholder value and helping dozens of icons like Apple, Walmart, ABInbev, Macy's, P&G, BMW, Lojas Americanas and Future Group launch/grow their digital business.

Latest Press Release

Fujitsu Thailand Celebrates Its 29th Anniversary, Organizes CSR Activity for Phrabatnampu Temple, Lopburi Province

Fujitsu (Thailand) Co., Ltd. or FTH celebrated its 29th anniversary, led by Mr. Toshiro Miura, Managing Director, and Ms. Krittinee Sivakul, Head of HR & Administration Group, along with employees of Fujitsu (Thailand) Co., Ltd. The company organized...

Global Debut of SORAYAMA Space Park by AMKK at Central Embassy in Bangkok 16th Oct 17th Nov 2019

The iconic lifestyle destination Central Embassy presents the global debut of "SORAYAMA Space Park by AMKK at Central Embassy", the World's revealing of the life-sized scale giant aluminum Tyrannosaurus (T-Rex) sculpture setting its feet on the...

Alibaba Launches News Portal for Thai Audience

Thailand is an important market for Alibaba Group on its globalization journey, and we aspire to keep our friends in Thailand abreast of the company's developments. Today, we are happy to announce the launch of "AlibabaNews Thai," our own Thai-language...

CP Foods is going green with sustainable packaging

Charoen Pokphand Foods PCL (CP Foods) has launched Sustainable Packaging Design and Development Projects and switching to eco-friendly packages in an effort to reduce number of plastic waste and using 100% sustainable materials within 2030. Mr Wuthichai...

MEDIA ALERT: Dutch Farm Group Are Not #Unification Church# Members

Family Federation for World Peace and Unification (FFWPU), commonly referred to as 'the Unification Church', was deeply alarmed to hear of the family being held in inhumane conditions on a farmhouse in the Netherlands. While we can confirm that one of...

Related Topics