The 468 SPAC I SE has identified potential target businesses which are based in the specific technology or technology-enabled sectors of marketplaces, direct-to-consumer (D2C), and software & artificial intelligence. Suitable target businesses in the Targeted Technology Sectors also include operating platforms with broader operations owning multiple assets. The Targeted Technology Sectors are defined as follows:
- Digital environments, focusing on e-commerce and mobile commerce, where products or services are aggregated on one platform to enhance customer experience;
Over the past few years, digital marketplaces have seen a sustainable unbundling trend where service offerings of large generalist marketplaces have been overtaken by more specialized niche marketplaces; following this trend, we have identified several sub-segments with proven value creation by meeting global unbundling trends:
- Deep marketplaces, i.e. marketplaces that specialize in value adding products and services and/or that tailor the customer experience to their specific target groups, and not only offer the mere matching of demand and supply but the additional value add of facilitating the fulfillment of a transaction in the form of intellectual property or operations, particularly in areas such as groceries and grocery and food deliveries, real estate or automobile sales;
- Marketplaces participating in the sharing enabled economy, i.e. where users can share specific products or services for a limited amount of time to maximize the utilization of such products and services over their entire lifetime, which may in particular apply to the areas of mobility, travel, accommodation or consumer electronics; and
- Business-to-business (B2B) marketplaces, i.e. establishment of commercial marketplaces by capitalizing on user behavior which has been learned from the frequent use of business-to-consumer (B2C) marketplaces and which may bring together fragmented supply and demand, such as in logistics, travel, or procurement technology.