‘Money surges into e-commerce in 2015’ – Internet Retailer
Allison Enright says, “Investors and buyers put more than $32 billion into the industry last year, a 145% jump year over year.
E-commerce companies saw a lot of green last year. High-dollar investment rounds and billion-dollar-plus acquisitions led to the sector nabbing $32.45 billion from investors and acquirers, a leap of more than 145% compared with 2014, according to investment firm Petsky Prunier’s 2015 summary of merger and acquisition and investment activity. In 2014, the comparable amount was $13.22 billion.
Deal and investment activity in the sector increased to 475 deals in 2015 from 323 announced deals in 2014. High-value acquisitions in the sector included online travel company Expedia Inc. buying vacation rental services site Homeaway Inc. in a deal valued at $3.4 billion. High-value investments included $2.1 billion raised by ride-share service Uber, and the $500 million raised by Jet.com, the online marketplace that launched in July“.
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