Dot-com dive begins to slow

Dot-com casualties totalled 537 in 2001 according to webmergers.com, almost double from the previous year’s figure of 225. However, the figures also revealed that the dot-com meltdown is beginning to abate.

  • E-Mail
By  Zoe Moleshead Published  January 7, 2002

Dot-com casualties totalled 537 in 2001 according to webmergers.com, almost double from the previous year’s figure of 225. However, the figures also revealed that the dot-com meltdown is beginning to abate having reached its peak in the second quarter of 2001.

179 companies shut down or declared bankruptcy during Q201, this improved to 78 by the fourth quarter.

November and December 2001 witnessed only 21 shutdowns each, which was the fewest number of closures since August 2000.

The e-commerce sector also accounted for the largest number of the dot-com deaths with 43% of casualties coming in this sector. Content and infrastructure sectors followed with 25% and 17% respectively.

2001 also witnessed a move away from business-to-consumer (B2C) closures. 73% of 2000’s dot-com shutdowns were B2C companies while in 2000 43% of companies were B2C. 40% of the closures in 2001 came in the business-to-business (B2B) sector an increase from the previous year’s 22%.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code