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Business Fundamentals

Ecommerce hiring increases by 180% y-o-y while social commerce trends with increasing hiring activity, finds GlobalData

A rise in online shopping throughout the pandemic led to an increase in hires in both the e-commerce and social commerce spaces, according to GlobalData. The leading data and analytics company noted that the number of ecommerce jobs open for recruitment grew from 28,933 in September 2020 to 80,890 in September 2021 – a huge […]

Travel & Tourism

TUI’s ‘workation’ packages meet growing trend to combine travel with remote working

With travel demand expected to return slowly, TUI is turning to alternative markets such as the growing trend for a combined travel and remote working experience as it launches a new ‘workation’ package in a bid to become a leading provider of this new travel service, says GlobalData, a leading data and analytics company. Gus […]

Strategic Intelligence

The US is home to 50% of tech unicorns with collective value of $1.3 trillion, says GlobalData

Unicorns – privately held startups worth over $1bn – first emerged in the US in the early 2000s, and the country continues to dominate the unicorn club. As of 31 August 2021, there were 751 tech unicorns globally, of which 379 are headquartered in the US – with a collective valuation of $1.3 trillion. Priya […]

Oil & Gas

United States to account for 65% of North America’s gas processing capacity additions by 2025

The US is expected to lead North America’s planned and announced gas processing capacity additions projects over the next 5 years , contributing approximately 65% of the regions gas processing additions by 2025, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Gas Processing Industry Outlook in Europe, North America, and […]

Sport

Saudi takeover of Newcastle United could be worth $200m in commercial deals

Following today’s news (Friday 8th October) that the Saudi backed takeover of Newcastle United has been completed; Conrad Wiacek, Head of Sport Analysis at GloblalData, a leading data and analytics company, offers his view: “With the Saudi investment fund backed takeover of Newcastle finally ending the Mike Ashley era, the fans are now looking toward […]

Construction

Economic headwinds and energy crisis trim China’s construction industry growth to 7.2% in 2021, says GlobalData

The Chinese economy has slowed down in recent times due to various compounding factors. Among these are the ‘potential bankruptcy’ of Evergrande Group and the current energy crisis, apart from the disruption from flooding and restrictions enacted due to the Delta variant outbreak. Against this backdrop, China’s construction industry growth rate has been revised down […]

Sport

LaLiga clubs turn to crypto and front-of-shirt brand sponsorship deals following ban of betting brands

Clubs in LaLiga have been forced to find new sponsorship revenue streams this season following Spain’s ban on betting brand partnerships. Leading data and analytics company GlobalData notes that the digital space, including cryptocurrency and fan tokens*, could provide a lucrative source of new sponsorship revenue for the league. Jake Kemp, Sport Analyst at GlobalData, […]

Automotive

China aims for sustainable EV economy with revision in policy, says GlobalData

China’s success in vehicle electrification is highly attributable to the conducive government policies that subsidized the electric vehicle (EV) manufacturing besides sale, and penalizing the higher carbon-emitting internal combustion vehicles. Additionally, China is likely to replace its present green car credit system with a new policy that will largely focuses on reducing the carbon emissions. […]

Retail

Shift in consumers preferences to drive India e-commerce growth at 23% CAGR through 2025, says GlobalData

India’s retail industry is set to witness a massive shift with its e-commerce sales expected to grow at a compound annual growth rate (CAGR) of 23% during 2020-25 to reach INR9,328bn (US$119.0bn), according to GlobalData, a leading data and analytics company. Indian consumers preferred buying fresh groceries from local markets before the COVID-19 pandemic. However, […]

Strategic Intelligence

Cyber subversion is the greatest cyber threat modern states face, says GlobalData

Cyber subversion – online propaganda and hacking that deliberately attempts to undermine the authority of political leaders – poses the greatest threat to state stability, according to GlobalData. The leading data and analytics company notes that, while it is not actively destructive, cyber subversion requires the least technological competence to implement and maintain, and is […]

Insurance

Over 33% of UK SMEs have increased their support of mental and physical wellbeing compared to before the COVID-19 pandemic, says GlobalData

More than one third of UK small-to-medium enterprises (SMEs) have, to some extent, increased their support for mental and physical wellbeing since the start of the COVID-19 pandemic, according to a survey* by GlobalData. The leading data and analytics company notes that this comes as 67.8%** of people in the UK were found to be […]

Strategic Intelligence

Sky jumps on the smart TV bandwagon in a bid to compete with streaming giants Netflix & Disney, says GlobalData

Following Sky’s announcement of ‘Sky Glass’, a smart TV that will combine a state-of-the-art display with access to competitors’ streaming services; Francesca Gregory, Associate Analyst of Thematic Research at GlobalData, a leading data analytics company, offers her view: “Sky’s smart TV launch is a decisive move that reflects the decline of cable and satellite offerings […]

Strategic Intelligence

Half of today’s tech unicorns are operating in the ecommerce, cloud or fintech themes, says GlobalData

Half of the 751 tech-focused unicorns worldwide operate in just three themes, according to GlobalData. The leading data and analytics company identifies ecommerce, cloud and fintech as the core areas within which unicorns are operating. GlobalData’s latest thematic report, ‘Thematic Research: Tech unicorns- Top 10 Themes in 2021’, reveals that as of 31 August 2021, […]

Medical Devices

The increasing number of disposable medical devices is a cause for concern, according to latest poll

The impact of medical waste resulting from single-use disposable medical devices is concerning. Worldwide over 200 billion personal protective equipment (PPE) were used in hospitals in 2020, according to GlobalData. The leading data and analytics company suggests that reducing waste continues to be an important objective for medical device companies. However, with COVID-19 leading to […]

Retail

COVID-19 continues to affect retail spending in APAC even as e-commerce thrives, observes GlobalData

Even after the mass rollout of vaccinations and diminishing COVID-19 cases compared to Q2 2021, 83%* of consumers in the Asia-Pacific (APAC) region are extremely/quite concerned about the impact of COVID-19 in general. This, together with the fact that 66% are still extremely/quite worried about their financial situation, will slow down the recovery of retail […]

Travel & Tourism

Trips to visit friends and family set to rise by ten million by 2024 as US relaxes UK travel restrictions, says GlobalData

VFR travellers likely to lead demand in the immediate travel recovery phase VFR travel set to increase at a compound annual growth rate (CAGR) of 24.8% between 2021 and 2024 UK-US flights set to underpin recovery as demand for flights increases The announcement that US travel restrictions for vaccinated UK residents will be relaxed from […]

Banking

Pandora Papers to spark greater scrutiny of property, says GlobalData

The latest release of offshore financial information has revealed little illegal activity, and will lack much of the punch that previous leaks enjoyed. However, it could still have significant consequences. While little direct regulatory action is in the offing, tighter reporting and disclosure of property holdings is the most likely outcome, observes GlobalData, a leading […]

Business Fundamentals

APAC companies continue to rule the roost in 2021 Forbes 2000 list, says GlobalData

Of the total aggregated revenue of companies featured on the Forbes 2000 list ($39.8 trillion), APAC-headquartered companies represented 38.2%, totaling $15.2 trillion, according to research by Parth Vala, Company Profiles Analyst at GlobalData. Vala notes that this figure was achieved by 803 enterprises – representing around 40% of those in Forbes’ list. Below, Parth notes […]

Sport

Derby County’s administration could indicate football league’s troubles as government withdraws support

With clubs paying back deferred tax repayments and increasing wage costs, Derby County has fallen into administration after reportedly several years of financial mismanagement from its owners and breaching of EFL accounting rules. Derby’s annual accounts show operating losses reached £97m over the three financial years from 2015/6 to 2017/18, with the club also being […]

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Ecommerce hiring increases by 180% y-o-y while social commerce trends with increasing hiring activity, finds GlobalData

TUI’s ‘workation’ packages meet growing trend to combine travel with remote working

The US is home to 50% of tech unicorns with collective value of $1.3 trillion, says GlobalData

United States to account for 65% of North America’s gas processing capacity additions by 2025

Saudi takeover of Newcastle United could be worth $200m in commercial deals

Economic headwinds and energy crisis trim China’s construction industry growth to 7.2% in 2021, says GlobalData

LaLiga clubs turn to crypto and front-of-shirt brand sponsorship deals following ban of betting brands

China aims for sustainable EV economy with revision in policy, says GlobalData

Shift in consumers preferences to drive India e-commerce growth at 23% CAGR through 2025, says GlobalData

Cyber subversion is the greatest cyber threat modern states face, says GlobalData

Over 33% of UK SMEs have increased their support of mental and physical wellbeing compared to before the COVID-19 pandemic, says GlobalData

Sky jumps on the smart TV bandwagon in a bid to compete with streaming giants Netflix & Disney, says GlobalData

Half of today’s tech unicorns are operating in the ecommerce, cloud or fintech themes, says GlobalData

The increasing number of disposable medical devices is a cause for concern, according to latest poll

COVID-19 continues to affect retail spending in APAC even as e-commerce thrives, observes GlobalData

Trips to visit friends and family set to rise by ten million by 2024 as US relaxes UK travel restrictions, says GlobalData

Pandora Papers to spark greater scrutiny of property, says GlobalData

APAC companies continue to rule the roost in 2021 Forbes 2000 list, says GlobalData

Derby County’s administration could indicate football league’s troubles as government withdraws support

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