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The rising use of technology due to social distancing and lockdowns has led all sectors to enter a digitalization rush, according to GlobalData, with companies using mergers and acquisitions (M&A) as a key strategy. The leading data and analyics company notes that there has been a huge rise in M&A value, demonstrated by examples such […]
From AI to cybersecurity: Popularity of key technologies help drive up total TMT M&A deal value by 169% in 2021, says GlobalData
In the first six months of 2021, mergers and acquisitions (M&A) in the tech, media and telecom (TMT) sector totaled $555bn, according to GlobalData – that is a huge 169% rise from the same period in 2020.The leading data and analytics company notes that, in H1 2021, the software and services sector accounted for half […]
The US and China accounted for more than 60% of high-value VC investments in Q2 2021, finds GlobalData
The US and China remained the preferred destinations for venture capital (VC) investors globally in Q2 2021. Both nations attracted a significant amount of high-value VC investment deals (worth more than US$100m) both in terms of volume and value during the quarter. The US and China collectively accounted for 66.2% and 61.8% of high-value VC […]
Production of Permian Basin to recover completely by 2022 from COVID-19 slowdown, says GlobalData
Permian Basin, the largest oil producing basin in the US, was the most affected play in the country during the COVID-19 pandemic times. However, production of crude oil and natural gas from this play is likely to exceed the pre-pandemic levels by 2022 amid market recovery from the pandemic, says GlobalData, a leading data and […]
Sustainable aviation fuel is a greener alternative to reduce aviation carbon emissions, says GlobalData
The aviation sector is increasingly looking towards sustainable aviation fuel (SAF) as a greener alternative to reduce its emissions footprint, according to GlobalData. The leading data and analytics company notes that the advantages offered by SAF over conventional jet fuel, coupled with government and company initiatives to reduce carbon emissions, will significantly drive the adoption […]
Revolut’s ‘super app’ could threaten future profitability of leading travel brands across Europe and US, says GlobalData
Revolut’s new super app, ‘Stays’, could threaten the profitability of leading travel brands across Europe and the US, says GlobalData. The leading data and analytics company notes that the app has beat leading brands in the move towards end-to-end booking solutions, which comes right at home with travel-hungry customers looking for deals online. Johanna Bonhill-Smith, […]
Top 25 global retailers by MCap reported 7% growth in cumulative MCap in Q2 2021, says GlobalData
The cumulative market capitalization (MCap) of the top 25 retailers increased by $321bn in Q2 2021 Regulatory crackdown led to broad-based selloff of Chinese retailers’ stocks The MCap of US-based online retailers, such as Amazon and eBay rebounded in Q2 2021, whereas major Chinese e-commerce players, such as Alibaba, Pinduoduo and JD.com, struggled to retain […]
Automotive financials strong this year, but tougher times ahead, says GlobalData
Following the latest strong part-year financial results and guidance on full-year outlook from BMW and Stellantis; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Car companies are getting a big bottom-line lift on recovering vehicle markets and high margins on sales – especially in North America, but also […]
Development of maritime surveillance and tactical airlift capability to drive New Zealand’s defense expenditure, says GlobalData
Driven by the requirement to expand maritime surveillance and tactical airlift competence, New Zealand’s defense budget is set to grow at a compound annual growth rate (CAGR) of 1.76% from US$2.9bn in 2021 to US$3.3bn in 2026, according to GlobalData, a leading data and analytics company. GlobalData’s report, ‘New Zealand Defense Market – Attractiveness, Competitive […]
GlobalData reveals top 10 cruise influencers on Twitter in Q2 2021
GlobalData’s Cruise Influencer Platform, which tracks about 100 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, revealed Doug Parker, Producer / Host of Cruise Radio Podcast and Cruise News Today, as the top cruise influencer during the second quarter (Q2) […]
Square looks to expand into booming buy now pay later market in Asia-Pacific with Afterpay acquisition, says GlobalData
Following the news that Square, Inc has agreed to buy Australia’s ‘buy now, pay later’ solution (BNPL) provider Afterpay Limited for US$29bn; Ravi Sharma, Lead Banking and Payments Analyst at GlobalData, a leading data and analytics company, offers his views: “Buy now, and pay later (BNPL) has been gaining prominence in Asia-Pacific with large number […]
Early-stage funding rounds account for over 68% of Asia-Pacific VC investment during Q2 2021, reveals GlobalData
Startups seeking early-stage funding (seed and Series A) got a bigger slice of the Asia-Pacific (APAC) venture capital (VC) investment pie during the second quarter (Q2) of 2021. Subsequently, early-stage funding rounds accounted for 68.2% of the total deal volume in the region during the period, according to GlobalData, a leading data and analytics company. […]
LG Energy, Hyundai battery partnership will boost Indonesia strategic presence in EV market, says GlobalData
Following the news that Hyundai Motor Group has teamed up with LG Energy Solution to build an electric vehicle (EV) battery cell manufacturing joint venture (JV) with US$1.1bn investment in Indonesia; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Indonesia, which has reserves of nickel […]
Upcoming LBPs could be the answer for GI patients with no approved treatments, says GlobalData
Live biotherapeutic products (LBPs), which target microbial communities in the skin and gastrointestinal (GI) and respiratory tracts, are expected to offer hope to groups of irritable bowel syndrome patients that currently have no US- or EMA-approved treatment options, according to GlobalData. The leading data and analytics company highlights the example of 4D Pharma’s Blautix, which […]
ESG disruption will shake up oil and gas market and is an opportunity for companies, says GlobalData
Hydrocarbon demand is set to fall in the coming decades due to the measures the Paris Agreement signee governments will take to discourage emissions and ensure the success of net-zero goals. This agreement will render conventional oil and gas activity less and less viable. In order to reduce emissions and minimize loses, oil and gas […]
Job postings in the UAE have increased by 148% since July 2020 largely driven by Dubai Expo, finds GlobalData
The United Arab Emirates (UAE) has ramped up hiring activity across a number of different industry areas. The majority of this activity has occurred in the travel and tourism sector, largely coming from hotel chains and airline operators. Job postings have been increasing since January 2021, but has really picked up in July, finds GlobalData. […]
UK local authorities keen on gigabit broadband but not Internet of Things, according to GlobalData
Only 176 smart cities ICT awards have been made by UK local authorities in the past six years, with only 94 of 404 councils having made any such awards during that time Network communications procurements account for 62% of all smart cities ICT contract awards in this period. 82% of the value of such awards […]
Top 25 global technology companies saw $1.4 trillion MCap added in Q2 2021, says GlobalData
Tech’s biggest companies ended Q2 with a bang. The top 25* added another $1.4 trillion in MCap in Q2 2021, according to GlobalData analysis, with the majority – a whopping $1.1 trillion – contributed by Facebook, Amazon, Apple, Microsoft and Alphabet/Google (FAAMG) stocks. Keshav Kumar Jha, Business Fundamentals Analyst at GlobalData, comments: “Microsoft’s $2 trillion […]
Building further on the spectacular Q1 2021, the top 25 global banks continued to maintain growth momentum in market values in Q2 2021 says GlobalData
The aggregate market cap of the global top 25 banks* increased to $3.8 trillion, reflecting an increase of 3.3% over Q1 2021 with 17 players reporting growth over the previous quarter says GlobalData, a leading data analytics and research company. The most impressive performers were Morgan Stanley, Wells Fargo, Goldman Sachs, Commonwealth Bank of Australia, […]
Lam Research ramps up hires in Malaysia, focuses on manufacturing, supply chain operations, finds GlobalData
California-based semiconductor company Lam Research Corporation is gearing up to develop products and provide dedicated supply chain operations to support its new factory operations in Malaysia. In line with that the company is making significant hires in the Asia-Pacific (APAC) region with Malaysia witnessing significant job listings. Hiring shows that the company is overseeing transportation […]