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Rebecca Panks

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  • Author: Rebecca Panks

Elon’s Twitter move further evidences that social networks will be key acquisition targets this year, says GlobalData

Elon Musk’s decision to become Twitter‘s largest shareholder is further evidence that social networks such as Twitter will be key acquisition targets this year, says GlobalData. The leading data and analytics company notes that it wouldn’t be surprised to see major tech companies such as Google, Amazon and Alibaba acquiring business-focused social media networks in […]
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Meta’s in-app tokens and cryptocurrency project is an attempt to retain Gen Z and become the WeChat of the west, says GlobalData

Following the news that Meta, the company formerly known as Facebook, is planning a virtual currency and creator coins for its apps; Dr Lil Read, Analyst in the Thematic Research Team at GlobalData, a leading data and analytics company, offers her view: “Cryptocurrencies and digital tokens will be cornerstones of what GlobalData recognises as two […]
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Sanofi’s Dupixent likely to see label expansion to young eosinophilic esophagitis patients soon after approval in adults, says GlobalData

Following the news that Sanofi and Regeneron announced that the Food and Drug Administration (FDA) accepted a Priority Review of the supplemental Biologics License Application (sBLA) for Dupixent (dupilumab) in patients ages 12 years and older with eosinophilic esophagitis (EoE), a chronic allergic inflammatory disease of the esophagus; Mandana Emamzadeh, PhD, Healthcare Analyst at GlobalData, […]
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German general insurance industry to reach $229.6 billion in 2026 supported by strong fiscal measures, forecasts GlobalData

Germany’s general insurance industry is expected to grow at a compound annual growth rate (CAGR) of 6.8%, from $165.4 billion in 2021 to $229.6 billion in 2026 in terms of direct written premium (DWP), according to GlobalData, a leading data and analytics company. Ashish Raj, Insurance Analyst at GlobalData, comments: “After contracting by 2.1% in […]
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Royal Mint’s ‘Britcoin’ more symbol than asset, but move shows commitment to crypto-friendly financial services, says GlobalData

In response to the news that the UK government is planning to make the UK a global cryptoasset technology hub; Amrit Dhami, Associate Analyst in the Thematic Research team at GlobalData, comments: “On its own, the Royal Mint’s planned non fungible token (NFT) is more a symbol rather than a significant asset in itself—much like […]
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Mastercard, Visa and PayPal miss out on combined $2.4 billion in revenue due to Russia-Ukraine conflict, says GlobalData

Following Mastercard, Visa, and PayPal’s decision to put their operations on hold in Russia over the country’s invasion of Ukraine, leading data and analytics company GlobalData has calculated that these major payment processors will miss out on a combined total of $2.4 billion in revenue—based on revenues lost from both Russia and Ukraine. Murthy Grandhi, […]
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North Korean ICBM test will spur increased spending and cooperation between South Korea and allies, says GlobalData

Following the news that North Korea has tested an Intercontinental Ballistic Missile (ICBM); William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “North Korea’s try-out of the ICBM is the latest in a number of missile tests conducted in recent weeks. However, the earlier tests were of smaller […]
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Meituan’s growth supported by its recent “Retail + Technology” strategy, says GlobalData

Following the news that Chinese food delivery giant Meituan’s earnings highlighted growth following its shift to a ‘Retail + Technology’ strategy, and that it recorded a year-on-year total revenue increase of 56% after expanding its online food delivery services to operate as an ecommerce retailer; Shabnam Pervez (MBPsS), an Analyst on the Thematic Research Team […]
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Two years since lockdowns started: ‘Ultra-convenient’ food deliveries now indispensable to UK, says GlobalData

To mark that it has been two years since the UK first entered lockdowns, Ramsey Baghdadi, Consumer Analyst at GlobalData, a leading data and analytics company, highlights the impact of the ‘ultra-convenience’ trend now and going forwards: “In the UK, we have seen peoples’ lifestyles change from ‘on-the-go’ to ‘home-centric’ within the short span of […]
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Deal activity in the travel & tourism sector down by 2% during February 2022, finds GlobalData

A total 96 deals—comprising mergers & acquisitions (M&A), private equity, and venture financing deals— were announced in the global travel and tourism sector in February 2022, according to GlobalData. The leading data and analytics company notes that this represents a decline of 2% compared to the previous month. Aurojyoti Bose, Lead Analyst at GlobalData, comments: […]
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Economic sanctions on Russia expected to significantly derail general insurance industry’s growth, says GlobalData

Russia’s general insurance industry is expected to decline by 14% in 2022 due to the Russia-Ukraine crisis, according to GlobalData’s Global Insurance Database, a leading data, and analytics company. Economic sanctions imposed by the US government, which will impact around 80% of banking assets, will also have direct ramifications for the insurance industry as many […]
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