Marketplaceses' Time Travel to 2018: NASDAQ Says 'Been There, Done That'.

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Artur Stańczuk
January 29, 2024
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Summary:

Battery Ventures' report highlights a 2023 reality for online marketplaces: underperforming NASDAQ, a deviation from their traditional sync. Lower IPO values and major players' index shifts are key factors. Battery Ventures suggest 4 imperatives these platforms should pursue: efficiency (and if not yet then get to break-even), offer additional high-margin services, viral/product-led growth strategies, and generative AI to stay afloat in the digital realm.... and I need to admit some Packaging Marketplaces might be already doing that :)

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