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Following the news that Indian shared mobility giant Zoomcar has partnered with ETO Motors to boost electric mobility; Bakar Sadik Agwan, Senior Automotive Consultant at GlobalData, a leading research and consulting company, offers his view: “Zoomcar’s partnership with ETO Motors is aligned with the new business priorities that the company announced in late 2019. The […]
China dominates APAC VC funding landscape Q2 2020, reveals GlobalData
China continued to top the venture capital (VC) funding activity both in terms of volume as well as value and was way ahead of its peer countries in the Asia-Pacific (APAC) region during the second quarter (Q2) of 2020, according to GlobalData, a leading data and analytics company. VC funding activity in the APAC region […]
China’s economy set to post positive growth in 2020 unlike peer countries, forecasts GlobalData
With improvements in key macroeconomic indicators, the Chinese economy is forecasted to post a positive growth in 2020 unlike other peer countries, which are expected to enter into a recession, says GlobalData, a leading data analytics company. The business activities started to resume from March across various provinces of China, except in Hubei where lockdown […]
Geopolitical tensions make domestic IPOs more attractive for Chinese TMT companies, says GlobalData
Chinese and Hong Kong stock exchanges escaped COVID-19 largely unscathed JD.com and NetEase have turned back home for secondary listings GlobalData anticipates several more secondary listings next six months The increasingly volatile relations between the world’s two largest economies—China and the US—are forcing several Technology, Media, and Telecoms (TMT) companies across the Asia, especially in […]
Biocon and Voluntis deal aims to personalize treatment for type 2 diabetic patients on insulin, says GlobalData
Biocon Sdn. Bhd., Malaysia, a subsidiary of Biocon Biologics, and digital therapeutics company Voluntis have recently announced a global collaboration agreement to develop and distribute FDA-cleared and CE-marked digital therapeutic product ‘Insulia’ for type 2 diabetes (T2D) patients across several markets. The deal will make Insulia available to a large number of Biocon’s biosimilar insulin […]
Early-stage funding rounds dominated APAC VC funding landscape in Q2 2020, finds GlobalData
Early stage funding rounds (comprising Seed and Series A funding) dominated the venture capital (VC) funding landscape during the second quarter (Q2) of 2020 in the Asia-Pacific (APAC) region, according to GlobalData, a leading data and analytics company. Series B was the only funding round that witnessed consistent growth in share during the period. The […]
Hyundai’s plans to ramp-up EV production aligned with new business priorities, says GlobalData
Following the news that South Korean car manufacturer Hyundai Motor plans to ramp-up electric vehicle (EV) production and introduce two new dedicated production lines; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Hyundai’s plans to ramp up EV production in South Korea is aligned with the […]
Consumer and retail sectors dominate GlobalData’s list of top 50 APAC companies by market cap in Q2 2020
Consumer and retail sectors have topped GlobalData’s list of the top 50 companies in the Asia-Pacific (APAC) region with an impressive growth in their market capitalization (M Cap) during the second quarter (Q2) ended 30 June 2020. An analysis of GlobalData’s Company Profiles Database reveals that even while countries continue to reel under the COVID-19 […]
Enterprise ICT budget in Malaysia to be affected by COVID-19 in 2020, forecasts GlobalData
Most of the enterprises cutting across industries in Malaysia are expected to witness a decline in their proposed ICT budgets for 2020 in the aftermath of COVID-19 pandemic, according to the latest Enterprise ICT Decision Makers’ Survey 2020* by GlobalData, a leading data and analytics company. GlobalData’s ‘Malaysia Enterprise ICT Investment Trends 2020’ reveals that […]
Jio Platforms best placed to pose stiff competition to domestic and international rivals in India, says GlobalData
With tech giants such as Google and Facebook investing in Jio Platforms, India-based conglomerate Reliance Industries Limited not only is best placed to drive the increasing mobile phone penetration and boost Internet usage due to its cheap smartphones and 4G services but also has the advantage of capturing additional consumers through various digital services across […]
Caution weighs on investor sentiments with low value deals dominating APAC VC funding landscape in Q2, finds GlobalData
Low value deals (investment <=US$10m) dominated the Asia-Pacific venture capital (VC) investment landscape with 67.4% share of the overall volume in the second quarter (Q2) of 2020, according to GlobalData, a leading data and analytics company. VC investment volume (deals with disclosed deal value) increased marginally from 290 deals in May to 295 in June […]
China dominates GlobalData’s list of top 20 APAC banks by revenue in 2019
China has dominated the list of top Asia-Pacific (APAC) banks by revenue in 2019, with 13 banks from the country occupying the top 20 list, according to GlobalData, a leading data and analytics company. Three banks from Japan, two from South Korea and one each from India and Hong Kong featured in the top 20 […]
Wipro reopens hiring in US and India; ambitious on cloud and AI, says GlobalData
Going by the recent new job postings, looks like Wipro Ltd. (Wipro) is on its way back to restart full-fledged operations and COVID-19 cannot stop it anymore. Wipro has accelerated its hiring and posted 3,146 jobs in June 20, a big leap from 741 in the previous month globally. Wipro has been consistently limiting its […]
GlobalData reveals top 10 tobacco influencers on Twitter in Q2 2020
An analysis of GlobalData’s Tobacco Alternatives Influencer Network Platform, which tracks more than 190 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, has revealed Charles A. Gardner, Director at the Foundation for a Smoke Free World, as the top tobacco […]
ICT market in Philippines to continue to grow in 2020 notwithstanding COVID-19, forecasts GlobalData
The Information & Communications Technology (ICT) market in the Philippines is set to continue to grow in 2020 driven by wider digital transformation initiatives taken by local enterprises and growing customers’ needs despite COVID-19 crisis, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Enterprise ICT Investment Trends 2020 Philippines’, reveals that […]
China tops Asia-Pacific M&A deal activity during Q2 2020, finds GlobalData
Mergers and acquisitions (M&A) deal activity in the Asia-Pacific (APAC) region remained inconsistent during second quarter (Q2) of 2020. However, China continued to top the region both in terms of volume as well as value, according to GlobalData, a leading data and analytics company. After decreasing from 505 in April to 493 in May, the […]
Despite COVID-19, enterprises in Hong Kong set to increase ICT budget on digital transformation, says GlobalData
Despite the negative impact of COVID-19, most of the enterprises in Hong Kong are expected to increase their share of ICT spending on digital transformation in 2020, according to the latest ICT decision makers’ survey* by GlobalData, a leading data and analytics company. GlobalData’s ‘Hong Kong Enterprise ICT Investment Trends 2020’ reveals that the enterprises […]
Series of investments in Reliance led to 300% surge in Twitter conversations in last 120 days, says GlobalData
At a time when several companies are facing the heat of COVID-19 pandemic, India-based Reliance Industries Limited (RIL) was able to attract some of the global investors to raise over US$20.6bn by selling 33% stake in ‘Jio Platforms’. This had led to a rapid conversation spike on Twitter with 300% increase during 15 March–15 July […]
ICT spending in South Korea to drop by 5.4% in 2020, owing to COVID-19 pandemic, says GlobalData
With the COVID-19 pandemic having engulfed almost the entire globe, South Korea too is estimated to witness a 5.4% decline in the overall ICT spending in 2020, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market Opportunity Forecasts Model reveals that ICT spending in South Korea is estimated to register […]
Hematology testing can be potential diagnostic biomarker in predicting severity of COVID-19 in India, says GlobalData
With the rapid increase in the number of COVID-19 cases across India, identifying the critically ill COVID-19 patients in the early stage of infection can help in assessing the risk stratification and clinical management. Critically ill patients will show a progressive decrease in peripheral blood lymphocytes and this could be a predictive marker in identifying […]