Industry Update: E-commerce
VRC is proud to release its latest Industry Report. The report provides a concise, insightful update on the E-commerce industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
- The e-commerce industry, which comprises companies that sell merchandise
online, continues to grow rapidly as more time-strapped and cost-conscious
consumers are attracted to the convenience of finding, comparing, and
purchasing products and services online. Over the next 5 years, e-commerce
revenue will approach nearly $1 trillion, especially with the rise of mobile
connection and growth in disposable income.
- On February 17, 2021, Rent-A-Center, Inc. completed of its previously announced acquisition of Acima Holdings, a point-of-service leasing company. The transaction provides retailers and consumers an expanding set of innovative fintech solutions for frictionless lease-to-own transactions. The combined company will allow consumers to enjoy the benefits across e-commerce, digital, and mobile channels.
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