Weather New York, NY +83°F

People

The Number Of Women-Owned Businesses Is Exploding. Why Does The Digital Space Lag?

Close
(Credit: pixabay) The Number Of Women-Owned Businesses Is Exploding. Why Does The Digital Space Lag?The Number Of Women-Owned Businesses Is Exploding. Why Does The Digital Space Lag?
July 23
1:59 AM 2019

The number of women-owned businesses has been exploding, but not in one part of the economy where you'd expect it to be: digital-only businesses. The number of women-owned businesses grew 58% between 2007-2018, according to the American Express 2018 State of Women-Owned Business, compared with 12% for all businesses.

Some 2,000 new women-owned businesses are started every day. But when Melbourne-based Flippa, a marketplace for buying and selling online businesses, looked at what portion of the businesses registered on its platform were women-owned, it found an astonishingly low number: 3%. Women-owned businesses account for 6% of sales, according to the site.

Full Article

© 2019 VCPOST, All rights reserved. Do not reproduce without permission.
Share

Comments

Join the Conversation

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics