The past few weeks have been rich in outstandingly insightful data. Out of the endless content published every single day, there are two gems we’d like to emphasize today:
By the United Nations Conference on Trade and Development (UNCTAD)
These are still the early days of the digital economy. But already, it is clear that it has had, and will continue to have, globally transformative impacts on the way we live, work, and develop our economies.
Read the full report here.
The 2018 Marketplace Expansion Index by Hyperwallet is one of the most fantastic studies I have seen so far. It was developed to assist digital marketplace platforms operating in the collaborative, gig, and sharing economies to gauge the expansion readiness of 36 countries. Hyperwallet researchers began their analysis by conducting a series of informal interviews with a diverse collection of two-sided marketplaces to understand how they identify potential expansion markets. These insights went on to inform macro-level data analysis, which included metrics like population size and internet penetration of 209 countries. A thorough analysis of this data allowed Hyperwallet analysts to narrow the field to 55 countries of preliminary interest. A further review of this information helped to identify a set of four key expansion readiness indicators: Infrastructure, Workforce, E-commerce Activity, and Foreign Competition. Data was split into 10 sub-parameters within each of the four sectors:
Source: The 2018 Marketplace Expansion Index
Established countries – the USA, Netherlands, Germany, Australia, Singapore, Canada, South Korea, India, China, Austria, UK, and Denmark – boast sizable retail e-commerce markets (larger than $50 billion annually).
Final Scores. Source: The 2018 Marketplace Expansion Index
Singapore leads Southeast Asia in smartphone penetration (>100%) and mobile broadband subscriptions (140%).
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