2019年第四季度市场报告.pdf

Q4 2019 Sector Update Marketplaces Important disclosures appear at the back of this report GP Bullhound LLP is authorised and regulated by the Financial Conduct Authority 1 GP Bullhound Inc is a member of FINRA EXECUTIVE SUMMARY Marketplaces perspectives GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to category leaders ▪ GP Bullhound’s marketplaces sector comprises the broader internet ecosystem, including online marketplaces, online classifieds, online travel and e-commerce ▪ We publish this report to provide insights into public and private valuations across the transaction spectrum and qualitative insights into broader market trends ▪ We also feature and interview many of the leading companies and CEOs who are currently transforming the sector ▪ Based in our London office, Alessandro Casartelli heads up our marketplaces practice which has completed over 20 transactions ▪ Several of our marquee marketplaces advisory transactions and investments are showcased below Glovo Baltic Classifieds Group Ontruck AutoTrader SA Avito.ru INVESTMENT ACQUIRED BY INVESTMENT ACQUIRED BY INVESTMENT BY GP Bullhound, Lakestar, Apax Partners GP Bullhound, Cathay, OLX (Naspers) Accel, Baring Vostok & Korelya and others Atomico and others Vostok New Ventures €150m UNDISCLOSED €25m UNDISCLOSED $110m