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GVG Capital Group

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,