Houlihan Lokey - E-commerce Market Update, 2Q 2023

This report provides information about Houlihan Lokey, a global investment bank that offers a range of financial services to clients worldwide. The company specializes in mergers and acquisitions, capital markets, financial restructuring, and financial and valuation advisory. Houlihan Lokey has been recognized as the No. 1 M&A advisor for all U.S. transactions, the No. 1 global restructuring advisor, and the No. 1 global M&A fairness opinion advisor by Thomson Reuters.  The company has a global presence with over 1,600 employees in 24 offices across the Americas, Europe, the Middle East, and the Asia-Pacific region. Houlihan Lokey serves clients in a variety of industries, including aerospace, defense, and government services; business services; consumer, food, and retail; energy; financial institutions; healthcare; industrials; real estate; technology, media, and telecommunications; and transportation and logistics.  The report also includes information about recent industry trends and news, such as Alibaba's strategic move to bolster its local business operations in Europe, Rakuten Group's launch of a digital comic book service, and JD Logistics' unveiling of the world's largest intelligent logistics park. Additionally, the file provides insights into the current state of the market, which is characterized by oversupply and strong price pressure on the supply side and decreasing discretionary spending on the demand side.