Online Retail Sales Projections - Europe9 Dec 2023 13:45
For anybody interested, an article on the projected bounce back in online retail sales.
“Overall, combined online retail sales in Europe-5 countries will increase from €372 billion in 2023 to €579 billion in 2028 at a five-year CAGR of 9.2%. Online sales will represent 22% of total retail sales in these five markets, compared to 16% in 2023.”
The article above states “ Amyris’s squalane alternative was sold to Swiss manufacturer Givaudan for $200 million in upfront cash and $150 million in a performance-based earnout, along with a long-term manufacturing agreement that valued the total transaction at an estimated $500 million.”