In 2025, the US accounted for 37% of Online-Offline Commerce M&A sellers, reaffirming its position as the sector’s primary hub. The Rest of World represented 30%, while the UK contributed 10%, and Canada, Germany, France, and India each added 4–5%. This geographic distribution reflects the concentration of digital commerce innovation in mature markets, alongside growing participation from emerging economies, signaling a broadening global footprint for technology-driven commerce solutions.

During 2025, US-based buyers dominated Online-Offline Commerce M&A, accounting for 46% of transactions. This leadership reflects strong consolidation trends in the US, supported by access to capital and aggressive strategic expansion. Other active markets included the UK home to 7% of buyers followed by Canada at 6% while Germany and India were both the headquarters of 4% of buyers. The Rest of World contributed 21% of acquirers, signaling sustained global interest despite concentrated M&A activity in North America.