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The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. According to Goldman Sachs, the B2B payments space will see volumes topping nearly $200 trillion by 2028, more than five times the volume of B2C payment flows.
The shortage could top 100,000 drivers in five years and 160,000 drivers in 2028. And yet, Supply Chain Dive reported this week that the number of trucking companies that have shuttered has more than tripled so far in 2019 to 640 trucking companies, according to data from Broughton Capital.
percent through 2028, according to Boston Consulting Group. Revenue growth in the business payments sector is expected to grow by around 5.6 AvidXchange has ranked among the fastest-growing companies in North America on Deloitte’s Technology Fast 500 for the past six years, the company said in a blog post last month.
Leading brands such as Burberry, Gap, H&M, Nike, and Stella McCartney have joined forces to create the Make Fashion Circular initiative, which aims to transition the fashion sector to a circular operating model. The secondhand economy is projected to reach $64B by 2028, according to CB Insights’ market sizing tool.
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