Hampleton：2025年上半年全球数字商务并购市场报告（英文版）

The tentative resurgence of M&A activity noted in our previous Digital Commerce report has continued, with deal numbers increasing for the second consecutive sixmonth period. The easing of inflationary pressures has created a more favorable macroeconomic context for transactions, although the political uncertainty engendered by elections in the US and Europe did instill caution in 2024. Investors and acquirers have also been highly selective in Digital Commerce and across the tech sphere