Fashion has been one of the hot areas of investment with second-hand clothes marketplace Vinted and valued at €3.5bn (£3bn) in its latest funding round.
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Total valuation of marketplace unicorns climbed by 70% in 2020, outpacing the listed tech sector as a whole
More global VC investment was made into marketplaces in Q1 2021 than in any other quarter in history - $28bn, up from $9.9bn during the same period last year
Since January 2019, valuations of marketplace unicorns have more than doubled - up from $2.2tn to $5.0tn
There are now more than 370 marketplace unicorns with the top 30 accounting for 79% of total value ($3.9tn)
Covid has been a significant driver of innovation and adoption across marketplaces
The most valuable marketplace categories - fashion, delivery, logistics, and health - all saw triple-figure percentage growth last year