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? ( https://c212.net/c/link/?t=0&l=en&o=2603448-1&h=2831085875&u=https%3A%2F%2Fbit.ly%2F35fbjLt&a=Who+Will+Win+Next+Digital+Race%3A+startups%2C+digital+giants+like+Amazon+or+incumbents+like+Walmart%2C+Tata%2C+Lidl%3F ) 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: https://bit.ly/35fbjLt. About GVG Capital (https://www.gvgcapital.com/) 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, jonathan@thehollenbeckgroup.com