Each year, legendary internet stock analyst-turned-investor Mary Meeker of Kleiner Perkins Caufield & Byers puts together a presentation on the state of the web. The report, now in its 23rd year, compiles and crunches data from a wide range of sources and provides insights into the biggest trends in digital.

Meeker launched the 2018 edition of the Internet Trends Report at Vox Media's Code Conference on Wednesday, and we have republished it here in full.

While last year focused on interactive games and online advertising, this year’s presentation delves into data and personalization, e-commerce innovation, and China’s rising intensity and leadership in internet-related markets.

Here's what's happening on the internet in 2018:

Mary Meeker just dropped her 2018 Internet Trends Report.

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