According to the source, there were ** mergers and acquisitions (M&A) in the e-commerce and direct to consumer (D2C) markets during the fourth quarter of 2024. During the analyzed period, the second quarter of 2021 was the one with the largest number of M&A deals (***). In 2024, there were *** M&A deals in the e-commerce and D2C markets.
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Houlihan Lokey. (February 12, 2025). Merger and acquisition (M&A) transactions in the direct to consumer (D2C) and e-commerce markets worldwide from 1st quarter 2021 to 4th quarter 2024 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /statistics/1613012/e-commerce-and-d2c-manda-transactions-worldwide/
Houlihan Lokey. "Merger and acquisition (M&A) transactions in the direct to consumer (D2C) and e-commerce markets worldwide from 1st quarter 2021 to 4th quarter 2024." Chart. February 12, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /statistics/1613012/e-commerce-and-d2c-manda-transactions-worldwide/
Houlihan Lokey. (2025). Merger and acquisition (M&A) transactions in the direct to consumer (D2C) and e-commerce markets worldwide from 1st quarter 2021 to 4th quarter 2024. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /statistics/1613012/e-commerce-and-d2c-manda-transactions-worldwide/
Houlihan Lokey. "Merger and Acquisition (M&a) Transactions in The Direct to Consumer (D2c) and E-commerce Markets Worldwide from 1st Quarter 2021 to 4th Quarter 2024." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 12 Feb 2025, /statistics/1613012/e-commerce-and-d2c-manda-transactions-worldwide/
Houlihan Lokey, Merger and acquisition (M&A) transactions in the direct to consumer (D2C) and e-commerce markets worldwide from 1st quarter 2021 to 4th quarter 2024 ÌÇÐÄÆƽâ°æ, /statistics/1613012/e-commerce-and-d2c-manda-transactions-worldwide/ (last visited July 23, 2026)
Merger and acquisition (M&A) transactions in the direct to consumer (D2C) and e-commerce markets worldwide from 1st quarter 2021 to 4th quarter 2024 [Graph], Houlihan Lokey, February 12, 2025. [Online]. Available: /statistics/1613012/e-commerce-and-d2c-manda-transactions-worldwide/
