shifted their focus to online shopping as retail outlets closed in the wake of the outbreak. This sector raised 2.6 billion U.S. dollars in venture capital funding in the third quarter 2020 alone.
Venture capital investments in the ecommerce sector in the United States skyrocketed in the third quarter of 2020. Ecommerce was one the few sectors positively impacted by the COVID-19 pandemic, because consumers Value of venture capital invested in ecommerce sector in the United States from 4th quarter 2018 to 3rd quarter 2020 (in billion U.S. dollars)
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PwC. (October 19, 2020). Value of venture capital invested in ecommerce sector in the United States from 4th quarter 2018 to 3rd quarter 2020 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 27, 2022, from https://www.statista.com/statistics/773513/vc-investment-ecommerce-usa/
PwC. "Value of venture capital invested in ecommerce sector in the United States from 4th quarter 2018 to 3rd quarter 2020 (in billion U.S. dollars)." Chart. October 19, 2020. Statista. Accessed June 27, 2022. https://www.statista.com/statistics/773513/vc-investment-ecommerce-usa/
PwC. (2020). Value of venture capital invested in ecommerce sector in the United States from 4th quarter 2018 to 3rd quarter 2020 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 27, 2022. https://www.statista.com/statistics/773513/vc-investment-ecommerce-usa/
PwC. "Value of Venture Capital Invested in Ecommerce Sector in The United States from 4th Quarter 2018 to 3rd Quarter 2020 (in Billion U.S. Dollars)." Statista, Statista Inc., 19 Oct 2020, https://www.statista.com/statistics/773513/vc-investment-ecommerce-usa/
PwC, Value of venture capital invested in ecommerce sector in the United States from 4th quarter 2018 to 3rd quarter 2020 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/773513/vc-investment-ecommerce-usa/ (last visited June 27, 2022)