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Visa has recently become the first major payments network to settle transactions in USD Coin (USDC), a stablecoin backed by the US dollar, over open source blockchain Ethereum. Against this backdrop, the company witnessed a 300% jump in influencer conversations on Twitter during the last week of March 2021 over the previous week, according to […]
Saudi Aramco sees 100% surge in influencer conversations post announcement of 44% slump in 2020 net profit, reveals GlobalData
Saudi Arabian Oil Company (Saudi Aramco) witnessed a staggering week-on-week 100% jump in influencer conversations on Twitter during the fourth week of March 2021, following the announcement of a steep 44% decline in 2020 net profit, according to GlobalData, a leading data and analytics company. The global oil giant reported annual earnings of US$49bn for […]
Singapore turns COVID-19 into an opportunity to drive healthtech sector, says GlobalData
Singapore has turned the COVID-19 pandemic into an opportunity to improve its current healthcare workflow and further expand the healthtech sector by innovating new solutions to provide better access and care to people, says GlobalData, a leading data and analytics company. The successful adoption of technology to combat and contain the COVID-19 pandemic effectively has, […]
Personal accident insurance market in India to benefit from policy standardization, says GlobalData
The Insurance Regulatory and Development Authority of India (IRDAI) has mandated all general and health insurers in the country to offer standard personal accident insurance ‘Saral Suraksha Bima’ from 1 April 2021. This product with standard coverage and policy wordings will simplify product offering and promote the uptake of personal accident insurance policies in the […]
COVID-19 mutations foil diagnostic test results, says GlobalData
Following the news that the presence of mutated COVID-19 strains in a patient sample can potentially affect the results of diagnostic tests; James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers his view: “With hundreds of millions of vaccines being rolled out worldwide, everyone can finally breathe a sigh of relief […]
Non-alcoholic fatty liver disease inclusion into national prevention program likely to reduce NASH prevalence in India, says GlobalData
Non-alcoholic fatty liver disease (NAFLD) is emerging as an important cause of a wide spectrum of liver diseases including non-alcoholic steatohepatitis (NASH) in India. A proactive focus on NAFLD if translated into action can halt its prognosis to NASH, thereby reducing its prevalence in the country, says GlobalData, a leading data and analytics company. In […]
State governments facilitating electric two-wheeler financing will boost EV adoption in India, says GlobalData
Following the news that New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has sought expressions of interest from prospective electric vehicle (EV) suppliers to buy over 100,000 electric two-wheelers; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “The announcement is positive for the […]
BAE Systems Australia’s hypersonic investment part of larger regional focus, says GlobalData
Following the news that BAE Systems will increase investment in Australia to support the rapid development of a sovereign high-speed weapons capability under ‘Project Javelin’ in 2021: Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “The move to fast-track indigenous development of hypersonic […]
Asia-Pacific sees 3.9% growth in deal activity in February 2021, finds GlobalData
The Asia-Pacific (APAC) region saw a 3.9% month-on-month growth in deal activity (mergers & acquisitions, private equity and venture financing deals) from 1,126 deals to 1,170 deals in February 2021, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The COVID-19-hit 2020 remained a roller coaster ride for […]
Global deal activity declined by 4.5% in February 2021, finds GlobalData
A total of 5,013 deals (mergers & acquisitions, private equity and venture financing) were announced globally during February 2021, which is a month-on-month decline of 4.5% over the 5,247 deals announced during January, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Although some countries are showcasing improvement […]
Travel & tourism sector witnessed 3.8% decline in deal activity during February 2021, finds GlobalData
A total of 77 deals (mergers & acquisitions, private equity, and venture financing) were announced in the global travel & tourism sector during February 2021, which is a decrease of 3.8% over the 80 deals announced in January 2021, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: […]
Xiaomi’s foray into electric vehicle segment will intensify competition in China, says GlobalData
Following the news that Chinese smartphone giant Xiaomi plans to enter into electric vehicles (EV) business with US$10bn investment over the next 10 years; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “While Xiaomi’s entry will boost the demand of EVs, which have been growing […]
Regulations, geopolitics prominently feature in earnings call transcripts of Australia, China companies, finds GlobalData
Mention of China in Australia companies’ earning call transcripts decline Cross-border deal activity falls by 41% As the trade war between Australia and China rages, mentions of geopolitics and regulations in earnings call transcripts of companies in both the countries showcased double-digit growth in 2020, reveals GlobalData, a leading data and analytics company. An analysis […]
Petrochemicals dominate upcoming project starts across oil and gas value chain in China by 2025, says GlobalData
China is expected to witness 512 petrochemical projects to commence operations during the period 2021-2025, accounting for 76% of the total project starts across the country’s oil and gas value chain. In petrochemicals, new build projects dominate the project starts with more than 90% while the rest are expansion projects, according to GlobalData, a leading […]
Quarantine-free travel for vaccinated tourists will expedite tourism revival in Thailand, says GlobalData
Following the news that Thailand will partially open for vaccinated tourists from July 2021; Animesh Kumar, Director of Travel and Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “The move is an extremely positive development for the tourism industry as well as the economy of Thailand. The country’s economy is […]
Mitsubishi Heavy Industries consolidates position in Japanese military ship building, says GlobalData
Following the news that Mitsubishi Heavy Industries (MHI) has agreed to acquire Mitsui E&S Shipbuilding Co’s naval and governmental ships business; Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s latest Global Naval Vessels and Surface Combatants Market report, MHI is the […]
Card payments in Philippines will recover strongly with 15.4% growth in 2021, forecasts GlobalData
Card payments in the Philippines, which witnessed a -7.4% slump in 2020, are all set to rebound strongly with 15.4% growth in 2021, with a gradual recovery in consumer and commercial spending, forecasts GlobalData, a leading data and analytics company. According to GlobalData’s Payment Cards Analytics, the value of card payments in Philippines is forecast […]
E-commerce offers Didi Chuxing best opportunity for successful US IPO, says GlobalData Thematic Research
Didi Chuxing Technology Co. is exploring a US listing via a special-purpose acquisition company (SPAC). Against this backdrop, e-commerce was the most successful theme among the technology, media and telecom (TMT) initial public offerings (IPOs) between 2018 and 2020 and offers a positive outlook for the China-based ride-hailing giant’s IPO, says GlobalData, a leading data […]
Competition from OTT video players to hinder traditional pay-TV market growth in Hong Kong, forecasts GlobalData
The total pay-TV services revenue in Hong Kong will grow at a very sluggish compound annual growth rate (CAGR) of 0.7% between 2020 and 2025, primarily due to intense competition from pure play over-the-top (OTT) video streaming service platforms such as Viu, reveals GlobalData, a leading data and analytics company. According to GlobalData’s Hong Kong […]
Royal Caribbean sees 200% surge in influencer conversations on Twitter post announcement of vaccinated cruises, reveals GlobalData
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., (Royal Caribbean) witnessed a dramatic 200% jump in influencer conversations on Twitter during the third week of March 2021 over the previous week, following the announcement to resume cruising in June for vaccinated crew and guests, according to GlobalData, a leading data and analytics company. […]