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Private equity (PE) and venture financing investors, who endured a volatile year in 2020 due to the ongoing COVID-19 pandemic, seem to be reposing their faith in the Asia-Pacific (APAC) region in 2021. A total of 1,339 deals (mergers and acquisitions, PE and venture financing) were announced in APAC in March 2021, an increase of […]
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 […]
Entry of privately-owned new umbrella entities to disrupt retail payment space in India, says GlobalData
The approval of new umbrella entities (NUE) licensing by the Reserve Bank of India (RBI) will lead to increased private participation in the Indian digital payments space, which is currently dominated by state-owned National Payments Corporation of India (NPCI) via its UPI payment system, according to GlobalData, a leading data and analytics company. To further […]
Chinese checkpoint inhibitors may drive down drug prices, says GlobalData
Chinese domestic ICI brands poised for approvals across multiple oncology indications International brands seeking access in China should balance diminishing drug prices with the opportunity to target enormous patient pool Immune checkpoint inhibitors (ICIs) and their introduction into the treatment paradigm of multiple oncology indications has arguably been the largest transformative force in the treatment […]
Citi, Rothschild & Co top M&A financial advisers by value and volume in Europe for Q1 2021, finds GlobalData
Citi and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in Europe for Q1 2021 by value and volume, respectively. Citi advised on 14 deals worth US$59.5bn, which was the highest value among all the advisers. Meanwhile, Rothschild & Co led in volume terms having advised on 48 deals worth US$11.3bn. […]
Citi looks to enhance competitiveness with shift in focus to wealth management in Asia, says GlobalData
Following the news that Citigroup has decided to exit consumer banking operations in 13 markets across Asia, Europe and the Middle East; Parth Vala, Analyst at GlobalData, a leading data and analytics company, offers his views: “Due to lack of scale and resources to compete and channelize available resources to more high return wealth management […]
AbbVie and Pfizer lead rheumatoid arthritis digital marketing space in Australia amid biosimilars competition, says GlobalData
The rheumatoid arthritis (RA) treatment landscape in Australia is well established with several novel disease-modifying anti-rheumatic drugs (DMARDs). However, stiff biosimilars competition is expected to impact the leading drugs — AbbVie’s Humira and Pfizer’s Enbrel. Against this backdrop, the pharma giants are offering maximum support to RA patients through digital channels, says GlobalData, a leading […]
Post strong performance in 2020, Grab eyes successful US listing, says GlobalData Thematic Research
Singapore-based ride hailing giant Grab has announced a Nasdaq listing via a merger with California-based special-purpose acquisition company (SPAC) Altimeter Growth Corp. The company will be valued at close to $40bn, making it the highest valued SPAC deal to date. E-commerce was the most successful theme among the technology, media and telecom (TMT) initial public […]
Rising fuel prices, costlier conventional vehicles drive CNG car sales in India, says GlobalData
Following the news that Maruti Suzuki India Limited sold over 157,000 factory-fitted CNG vehicles in FY2020-21; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Increasing CNG car sales indicate the growing alternative fuel vehicle market in India and is a positive development towards achieving clean […]
Life insurance industry in Malaysia to reach US$15.7bn in 2025, says GlobalData
The life insurance industry in Malaysia is projected to grow from MYR50.70bn (US$11.98bn) in 2020 to MYR65.86bn (US$15.68bn) in 2025, in terms of gross written premium, according to GlobalData, a leading data and analytics company. GlobalData has revised Malaysia’s insurance forecast in the aftermath of COVID-19 outbreak. As per the latest data, Malaysian life insurance […]
South Korea renal dialysis market to witness 12.5% growth through 2025, forecasts GlobalData
The renal dialysis market in South Korea is expected to grow at a compound annual growth rate (CAGR) of 12.5% between 2020 and 2025, driven by the increasing use of hemodialysis machines and peritoneal dialysis (PD) for the treatment of end-stage renal disease (ESRD), forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, […]
Singapore leads medical tourism within APAC with Novartis’ Kymriah approval, says GlobalData
The inherent heterogeneity of diseases such as cancer is driving the field of personalized (precision) therapies. Within personalized therapies, chimeric antigen receptor (CAR-T) therapies are gaining traction. With the approval of Novartis’ Kymriah, Singapore is now all set to deliver the transformative treatment for cancers and takes the lead in medical tourism within Asia-Pacific (APAC), […]
Intel steps up hiring in Taiwan to secure semiconductor chips supply chain for PC partners, finds GlobalData
Intel Corporation (Intel) is ramping up hiring activity globally but more so in Taiwan. The move forms part of Intel’s strategy to scale the existing supply chains with PC manufacturers in Taiwan and work with external foundries to ensure design, quality, and reliability of its products, observes GlobalData, a leading data and analytics company. An […]
Siemens offers significant e-mobility opportunities for Ashok Leyland in India, says GlobalData
Following the news that Ashok Leyland’s Switch Mobility Automotive and Siemens have signed a memorandum of understanding (MOU) to execute e-mobility projects in India; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “The partnership marks the entry of Ashok Leyland to eMobility-as-a-Service (eMaas) or shared […]
Australia’s surgical sutures market to rebound in 2021, forecasts GlobalData
The Australia surgical sutures market, which witnessed a decline in 2020 due to the COVID-19 pandemic, is expected to rebound in 2021 with the gradual resumption of surgical procedures, especially elective ones, forecasts GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Surgical Sutures (Wound Care Management) – Global Market Analysis and Forecast Model […]
Hyundai strengthening EV presence with innovative products, says GlobalData
Following the news that South Korean auto giant Hyundai is promoting its new electric car Ioniq 5, which has bidirectional charging technology and can power home appliances; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “Hyundai has marked itself as a leader in EV technology […]
Georgia’s beverage industry volume declines sharply by 9.6% during Q4 2020, finds GlobalData
The beverage industry in Georgia witnessed a sharp decline in volume by 9.6% during Q4 2020, mainly owing to declines in hot drinks, soft drinks and alcoholic drinks, reveals GlobalData, a leading data and analytics company. GlobalData’s report, ‘Georgia Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks […]
Hong Kong beverage volumes fall 5.3% in Q4 2020, reveals GlobalData
Hong Kong’s beverage industry saw volume decline by 5.3% during Q4 2020 owing to volume declines in all sectors, except dairy drinks, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Hong Kong Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy Drinks, Alcoholic Drinks, Soft Drinks and Hot Drinks)’, reveals that […]
Beverage industry in Kazakhstan posts modest growth in Q4 2020, says GlobalData
The Kazakhstan’s beverage industry posted a modest growth of 0.4% in Q4 2020, on a Y-o-Y basis with the rise in volume driven by gains in soft drinks, bulk/HOD water, and dairy drinks, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Kazakhstan Beverages Consumption Trends and Forecasts Tracker, Q4 2020 (Dairy and Soy […]
Efforts from all stakeholders strengthening electric vehicle ecosystem in India, says GlobalData
Concentrated efforts from the government and other stakeholders will boost the supply and demand of electric vehicles (EVs) and subsequently drive the adoption of the EVs in India, says GlobalData, a leading research and analytics company. Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, comments: “The latest developments in the automotive industry indicate that EVs […]