Strategic Intelligence: Ecommerce Sector Scorecard Q1 2025 Update

Strategic Intelligence: Ecommerce Sector Scorecard Q1 2025 Update

Summary

Ecommerce companies globally are reeling from the announcement of the Trump administration’s tariffs, with supply chain disruption a major concern. US companies will be particularly hard hit by the staggering tariffs against key suppliers such as China (currently set at 145%), with some companies such as Walmart going so far as to request a reduction in pricing from overseas vendors to offset the burden of the tariffs. Companies that will fare best will be those with flexible supply chains. However, there are still likely to be indirect effects from Trump’s tariffs. This includes changes in consumer spending, which will impact sectors from online travel and online food delivery to online payments.

In addition to tariffs, ecommerce companies across multiple segments must grapple with increasingly stringent regulation. Google lost its antitrust lawsuit against the Department of Justice in April 2025, its second loss within a year, and a similar case against Meta is ongoing. Should these cases result in the breakup of these behemoths, M&A activity within the ecommerce industry may fall, and the sector will witness a shift in power dynamics.

Scope

• This sector scorecard provides a top-down, comprehensive outlook for the key players in the ecommerce sector over the next two years, based on the key themes set to transform their industry landscape.

• Companies that invest in the right themes become success stories. Those that miss the important themes in their industry end up as failures.
• GlobalData’s thematic research ecosystem is a single, integrated global research platform that provides an easy-to-use framework for tracking all themes across all companies in all sectors. It has a proven track record of identifying the important themes early, enabling companies to make the right investments ahead of the competition, and secure that all-important competitive advantage.
• At GlobalData, we have developed a unique thematic methodology for ranking all major companies in all major sectors based on their relative strength in the big themes that are impacting their industries.
• Our thematic engine tags over 180 million data items across six alternative data sets—patents, jobs, deals, filings, social media, and news—to themes. The vast datasets within our thematic engine help our analysts to produce sector scorecards that identify the companies best placed to succeed in a future filled with multiple disruptive threats.