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Mobile wallet payments go mainstream in India, says GlobalData

Mobile wallet payments have gained significant prominence in India with mobile and digital wallets gradually replacing traditional payments such as cash and cards as retailers from street merchants to big chains prefer mobile payments, finds GlobalData, a leading data and analytics company. India is one of the most developed mobile wallet markets in the world, […]
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Global deal activity down by 16.5% in August 2022, reveals GlobalData

Challenging macroeconomic conditions and geopolitics have negatively impacted the deal-making sentiments globally. Against this backdrop, a total of 4,188 deals (comprising mergers & acquisitions (M&A), private equity, and venture financing deals) were announced globally during August 2022, a decline of 16.5% compared to the previous month, says GlobalData, a leading data and analytics company. An […]
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Vietnam telecom and pay-TV services market to reach $6.5 billion in 2026, forecasts GlobalData

The telecom and pay-TV services market in Vietnam is set to grow to $6.5 billion in 2026, witnessing a marginal compounded annual growth rate (CAGR) of 1% over the forecast period 2021-2026, mainly supported by mobile data segment, observes GlobalData. The leading data and analytics company’s, ‘Vietnam Telecom Operators Country Intelligence Report’, reveals that mobile […]
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St. George tops list of Australian banks in net satisfaction of digital experience, finds GlobalData

With digital banking becoming ever prevalent in recent years, banks are scrambling to provide enhanced digital experience to attract and retain customers. Against this backdrop, St. George has emerged as the leading Australian bank for net satisfaction of digital experience in 2022, reveals GlobalData, a leading data and analytics company. GlobalData’s Australian Competitor Benchmarking report […]
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Reliance Retail can deliver India’s first major carbonates private label with Campa Cola relaunch, opines GlobalData

Reliance Retail Ventures, a division of Reliance Industries, has recently acquired Campa Cola, an iconic Indian carbonates brand, from Pure Drinks Group for an estimated INR220 million ($2.8 million). The retailer has now relaunched Campa Cola in the cola, orange, and lemon flavors in select stores. With this move, Reliance Retail can potentially give India […]
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UK foodservice profit sector sales will surge by 14.9% CAGR through 2026, driven by easing COVID-19 restrictions, says GlobalData

The UK Government’s strong macroeconomic policies and grants to help businesses, which were severely impacted by COVID-19, will help the country’s foodservice profit sector to grow at a compound annual growth rate (CAGR) of 14.9% from GBP50.5 billion ($69.6 billion) in 2021 to GBP100.9 billion ($152.6 billion) in 2026, predicts GlobalData, a leading data and […]
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Zomato switches to premium play with inter-city services to reinvigorate food delivery business in India, says GlobalData

Following the news that Zomato has launched a new inter-city food delivery service ‘Intercity Legends’; Bobby Verghese, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “To reinvigorate its food delivery business, Zomato is experimenting with new value-added services by leveraging its existing delivery fleet. The launch of a 10-minute delivery […]
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