The timing and opportunity to establish and grow online marketplace portals and related services in emerging markets is exciting.
The pace in which the world is digitised and connected (close to 4 billion people are connected and there are 5.2 billion mobile phone users) with the emerging markets being the latest to join, make the addressable market phenomenal.
ECV is live in markets with more than 2 billion people, ~ 25% of global population.
These target markets represent a substantial opportunity to benefit from the tailwind of high population and strong GDP growth, increasing levels of internet connectivity, smartphone usage and social media penetration in emerging markets globally. The substantial market dynamics is leading to growing demand for housing and cars, consequently to growing use of online marketplaces to facilitate the transaction of cars and real estate and related services.
ECV is leveraging and adapting into emerging markets the success of online classifieds and marketplaces business models in developed markets which has time after time proven its profitability and solid value creation around the globe.
ECV’s Local Profile and Regional Presence strategy has proven to be attractive for local engagement, regional partnerships and growth and our team has a solid track record and unique domain expertise to tap into the global market for marketplace portals, social media and online digital technology.
There is an increasing interest, M&A activity and consolidation of marketplace portals in emerging markets.
Our extensive portfolio can be segmented in different ways. Parts of the portfolio or in full. Vertically (Automotive and Property) and by region (Africa, Asia, Central America, Pacific) or individual portals. When time is right we see exit opportunities via merger with competitor/strategic partners – trade sale to competitors/strategic partners – tranche sales to new shareholders or potentially IPO / RTO.