Country for PR: United States
Contributor: PR Newswire New York
Thursday, October 10 2019 - 07:45
GVG predicts winners of the next digital race—startups, digital giants like Amazon or incumbents like Walmart?
SAN FRANCISCO, Oct. 10, 2019 /PRNewswire-AsiaNet/ --

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:

About GVG Capital  (
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.

SOURCE  GVG Capital Group

CONTACT: Jonathan Wright, Hollenbeck Group, 415-216-8592,