One of Hatched’s longest-running reports.
Prior to COVID, we are correctly predicting these KPIs with 2.0% of error rate. Hatched estimate was slightly volatile due to Covid-19 and the error rates have now returned to normal. In 2022-Q1, the Transaction Index is down 4.9% QoQ. We believe the existing model is over-penalizing this decrease, which resulted in a negative YoY figure. An alternative sequential model suggests Subscription Revenue of $333.9m (4.1% YoY) and MRR of $97.0m (7.9% YoY). Regardless of the model, the data suggests a slow start to 2022.
Our global dataset allows you to examine the performance of this e-commerce platform and how the pandemic has affected the soaring of online shopping market.