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California-based cryptocurrency exchange platform Coinbase Global, Inc. (Coinbase) made its Nasdaq debut on 14 April 2021. Against this backdrop, the company witnessed a 500% jump in influencer conversations on Twitter during the third week of April 2021 over the previous week, according to GlobalData, a leading data and analytics company. Coinbase’s share price soared above […]
India needs to step up vaccination rate, secure oxygen supplies to curb COVID-19 pandemic, says GlobalData
A novel ‘double mutant’ variant of SARS-CoV-2, along with other factors, has accelerated the COVID-19 pandemic in India, setting a global record of new daily cases. Against this backdrop, increasing vaccination rates, mandating social distancing and mask wearing, and importing enough oxygen are the most crucial factors for India right now to free up hospital […]
Pay-TV services revenue in India to grow at lethargic 0.9% CAGR over next five years, forecasts GlobalData
Pay-TV services revenue in India is expected to grow a negligible compound annual growth rate (CAGR) of 0.9% from US$3bn in 2020 to US$3.1bn in 2025 due to the steady decline in cable TV subscriptions and falling average spend per pay-TV account, according to GlobalData, a leading data and analytics company. According to GlobalData’s India […]
Chinese COVID-19 vaccines supply remains crucial for developing nations irrespective of real-world data, says GlobalData
Beijing-based pharmaceutical company Sinovac Biotech’s CoronaVac vaccine was recently found to be 49.6% effective in real-world data from Brazil. However, considering the global demand for COVID-19 vaccines and the supply-demand gaps, Chinese vaccines remain crucial for developing nations’ vaccination programs irrespective of real-world data, says GlobalData, a leading data analytics and research company. China has […]
Decarbonization startups raise hope for corporate sustainability, says GlobalData
Given the far-ranging environmental and health effects of greenhouse gases, achieving net-zero emissions (net-zero global economy by 2050) has emerged as the top agenda for countries and corporates. Against the backdrop, decarbonatization startups give a new lease of life to corporates by enabling them to align with sustainable development goals (SDGs), says GlobalData, a leading […]
Need to acquire digital talent transcends industries, finds GlobalData
Enterprises are increasingly hiring senior executives beyond their traditional boundaries to accelerate digital transformation and maintain a competitive edge. The trend has become more pronounced during the COVID-19 pandemic, finds GlobalData, a leading data and analytics company. Venkata Naveen, Senior Disruptive Tech Analyst at GlobalData, comments: “The proliferation of freely available data has vouched for […]
Ola Hypercharger Network will boost customer confidence in electric two-wheelers in India, says GlobalData
Following the news that ride-hailing company Ola plans to set up 100,000 high-speed charging points across 400 cities in India under ‘Ola Hypercharger Network’ for its upcoming electric two-wheelers; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “Ola’s plan to establish its own strong network […]
Card payments in Singapore will rebound in 2021 with improving economic conditions, forecasts GlobalData
Card payments in Singapore, which have seen sustained growth in the last few years, registered a decline in 2020 amid the COVID-19 pandemic. They are set to rebound in 2021 with a 10.2% growth due to improving economic conditions and reducing impact of the pandemic, forecasts GlobalData, a leading data and analytics company. According to […]
Government measures and upcoming global sporting events to drive card payments in Japan, says GlobalData
Card payments in Japan are set to rise by 9.5% in 2021 supported by improving economic conditions, rising consumer spending and the upcoming international sports events, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, with the reopening of the economy, government measures to encourage electronic payments, easing of travel […]
Fiber optic infrastructure expansion to boost India’s fixed broadband services market, forecasts GlobalData
The Indian government’s efforts to expand fiber optic infrastructure across the country will further drive fixed broadband services market growth at a compound annual growth rate (CAGR) of 7.1% over 2020-2025, according to GlobalData, a leading data and analytics company. Rising demand for high-speed Internet services to support work-from-home commitments and consumption of high-bandwidth OTT […]
Hiring in China reaches all-time high in April 2021, finds GlobalData
The economic paralysis caused by the COVID-19 pandemic in China led to low job advertisements for most of the 2020. However, hiring activity crossed pre-COVID-19 levels in the last quarter of 2020 and continues to grow with active jobs open for recruitment in April 2021 reaching all-time high, finds GlobalData, a leading data and analytics […]
Linklaters, AZB & Partners top M&A legal advisers by value, volume in APAC for Q1 2021, finds GlobalData
Linklaters and AZB & Partners emerged as the top mergers and acquisitions (M&A) legal advisers in the Asia-Pacific (APAC) region for Q1 2021 by value and volume, respectively. Linklaters advised on four deals worth US$14.3bn, the highest value among all the advisers. AZB & Partners led in volume terms having advised on 12 deals worth […]
Life insurance industry in Thailand will reach US$22.8bn in 2025, forecasts GlobalData
The life insurance industry in Thailand is projected to grow from THB602.4bn (US$19.2bn) in 2020 to THB686.9bn (US$22.8bn) in 2025, in terms of gross written premium (GWP), according to GlobalData, a leading data and analytics company. GlobalData has revised Thailand’s life insurance forecast in the aftermath of the COVID-19 pandemic. As per the latest data, […]
Japanese millennials reinforce need for innovative insperiences this Golden Week, says GlobalData
73% of Japanese millennials stay at home as much as possible, above the national average of 66%* 70% are extremely or quite concerned about COVID-19 impact Manufacturers, particularly in the alcohol space, should shift focus to insperiences Golden Week, which starts on 29 April 2021, gets its name due to a cluster of Japanese national […]
Sputnik V to face stiff competition in India despite better efficacy but will help ramp up vaccination drive, says GlobalData
With the Sputnik V vaccine’s recent approval, India now has three vaccines authorized for COVID-19 treatment. However, despite better efficacy over Serum Institute of India/ AstraZeneca’s Covishield and Bharat Biotech’s Covaxin, Sputnik V will face stiff competition in India, says GlobalData, a leading data analytics and research company. Dr Reddy’s Laboratories (DRL) will receive Sputnik […]
JP Morgan, China Everbright Bank top M&A financial advisers by value, volume in APAC for Q1 2021, finds GlobalData
JP Morgan and China Everbright Bank emerged as the top mergers and acquisitions (M&A) financial advisers in the Asia-Pacific (APAC) region for Q1 2021 by value and volume, respectively. JP Morgan advised on nine deals worth US$17.2bn, the highest value among all the advisers. Meanwhile, China Everbright Bank led in volume terms having advised on […]
E-commerce market in China will reach US$3 trillion in 2024, forecasts GlobalData
The Chinese e-commerce market is set to register a strong compound annual growth rate (CAGR) of 12.4% from CNY13.8 trillion (US$2.1 trillion) in 2021 to CNY19.6 trillion (US$3.0 trillion) in 2024, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s E-Commerce Analytics, e-commerce sales in China are expected to register a robust growth […]
GlobalData reveals top 10 travel and tourism influencers on Twitter during Q1 2021
An analysis of GlobalData’s Travel and Tourism Influencer Platform, which tracks more than 200 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, revealed Melvin Bocher, Founder of Traveldudes, as the top Travel and Tourism influencer during the first quarter (Q1) […]
GlobalData uses proprietary ML algorithms to identify future unicorns
Given that there is a global startup revolution, the billion-dollar valuation of startups has emerged as a key indicator of their success. GlobalData, a leading data and analytics company, uses proprietary machine learning (ML) algorithms to accurately identify promising future unicorns (private and valued at US$1bn or more). GlobalData’s Disruptor Intelligence Center published the first […]
Toyota electrification plans to boost presence in Asia-Pacific EV market, says GlobalData
Following the news that Toyota is set to unveil the concept version of the first model in its new battery electric vehicle (BEV) series, the Toyota bZ4X, in Shanghai and establish a full line-up of EVs to reduce CO2 emissions with the aim of having 70 electrified models by 2025; Bakar Sadik Agwan, Senior Automotive […]