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The UK experienced a year-on-year (YoY) decline in venture capital (VC) funding deal volume and value during the first quarter (Q1) of 2024 as investor sentiment remained weak. A total of 281 VC deals of worth $2.7 billion were announced during the quarter. This represents a 21.7% YoY decline in deals volume and 31.2% fall […]
Cybersecurity: Join GlobalData’s webinar on tackling challenges
As cybersecurity remains a persistent concern for governments, companies, and individuals, 2024 has brought new challenges. From ransomware, phishing schemes, and supply chain attacks to critical national infrastructure threats, the cybersecurity landscape is fraught with peril. Organizations must confront the growing threat of AI-led cyberattacks, while numerous national elections, including those in the US, are […]
JP Morgan, UBS top M&A financial advisers by value while Eight Capital leads by volume in metals and mining sector during Q1 2024, reveals GlobalData
JP Morgan and UBS were the top mergers and acquisitions (M&A) financial advisers by value while Eight Capital was the top adviser by volume in the metals & mining sector during the first quarter (Q1) of 2024, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis […]
Malaysia e-commerce payments to grow by 12.8% in 2024, reveals GlobalData
The Malaysia e-commerce market is anticipated to surge by 12.8% in 2024, driven by the ongoing shift of consumer preferences from offline to online shopping, finds GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that Malaysia e-commerce market registered 15% growth in 2023 to reach MYR44.6 billion ($9.8 billion), as consumers increasingly […]
Startup innovation shapes tech landscape for enhanced customer experiences, says GlobalData
In the ever-evolving landscape of tech innovation, practical and customer-centric solutions take center stage. From AI-driven medical diagnostics to streamlined IT management platforms enhancing operational efficiency, the focus is on solutions that directly impact customer experiences. This convergence of technology and industry trends signifies the influential role startups play in shaping the future of the […]
Davis Polk & Wardwell and Cassels Brock & Blackwell top M&A legal advisers in metals and mining sector during Q1 2024, reveals GlobalData
Davis Polk & Wardwell and Cassels Brock & Blackwell were the top mergers and acquisitions (M&A) legal advisers in the metals & mining sector during the first quarter (Q1) of 2024 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of […]
Top 25 global insurers market value up 8.3% QoQ in Q1 2024, reveals GlobalData
Progressive Corp and Allstate Corp shares surge 24% Humana and AIA Group lose over 20% Berkshire Hathaway stock continues to be to highly valued for the eighth consecutive quarter The aggregate market capitalization (MCap) of the top 25 global insurers grew 8.3% to $3.02 trillion on a quarter-on-quarter (QoQ) basis during the first quarter (Q1) […]
Top 20 global biopharmaceutical companies report 9.6% market capitalization growth in Q1 2024, reveals GlobalData
Despite the ongoing uncertainties surrounding macroeconomic activities, fluctuating interest rates, and changes in the Medicare Drug Price Negotiation landscape, the top 20 global biopharmaceutical companies experienced a promising first quarter this year. They reported a total increase of 9.6% in market capitalization from $3.67 trillion as on 31 December 2023 to $4 trillion as on […]
Boston Scientific reports 138% CAGR since US market release of Farapulse PFA System, reveals GlobalData
Boston Scientific has successfully ended Medtronic’s brief one-month monopoly in the US pulsed-field ablation (PFA) space after receiving FDA approval for its Farapulse System in January 2024. The medical device giant has experienced a compound annual growth rate of 138% in market value between January and February 2024, according to the Electrophysiology Devices March 2024 […]
HIV tests market in New Zealand to grow at 2% CAGR through 2033, forecasts GlobalData
Human immunodeficiency virus (HIV) self-testing carries significant importance in the global fight against HIV. Particularly crucial for the LGBTQ+ community, it actively promotes HIV prevention, testing, and care, by offering a confidential, accessible, and empowering means of testing. New Zealand has implemented initiatives including targeted outreach programs and community-based testing services at events such as […]
GlobalData reveals list of top 10 LLMs on social media
Large language models (LLMs) have seen significant advancements in recent years, with the introduction of new artificial intelligence (AI) chatbots and upgrades to the existing models. These advancements have not only revolutionized the ability of LLMs to mimic human-like text but have also opened new possibilities for applications, showcasing their potential to transform various industries […]
Alternative payments account for over 40% of Hong Kong e-commerce payments in 2023, reveals GlobalData
Alternative payment solutions are the preferred payment method for e-commerce purchases in Hong Kong (China SAR), collectively accounting for 41.7% share in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that e-commerce market in Hong Kong grew by 9.2% in 2023 to reach HKD158.3 billion ($20.2 billion), as increasing number […]
Deutsche Bank and UBS top M&A financial advisers in Asia-Pacific region during Q1 2024, reveals GlobalData
Deutsche Bank and JP Morgan were the top mergers and acquisitions (M&A) financial advisers by value in the Asia-Pacific region during the first quarter (Q1) of 2024 while UBS was the top adviser by volume, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s […]
Sintilimab and fruquintinib combination to face stiff competition in endometrial cancer market in China, says GlobalData
Innovent Biologics Inc and HUTCHMED (China) have recently announced the acceptance of new drug application (NDA) for fruquintinib (Elunate) in combination with sintilimab (Tyvyt) for the treatment of advanced endometrial cancer with pMMR or non-MSI-H tumors that have failed prior systemic therapy but are not candidates for curative surgery or radiation with priority review status […]
Covington & Burling and TriLegal top M&A legal advisers in Asia-Pacific region during Q1 2024, reveals GlobalData
Covington & Burling and TriLegal were the top mergers and acquisitions (M&A) legal advisers in the Asia-Pacific region during the first quarter (Q1) of 2024 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database revealed that Covington […]
Japan Ground Self-Defense Force expected to continue procuring UGVs over next decade, says GlobalData
The Japan Ground Self-Defense Force (JGSDF) has awarded a contract to Milrem Robotics to supply three THeMIS unmanned ground vehicles (UGVs). This follows another contract awarded last week by the Japanese Ministry of Defense to Rheinmetall to deliver its Mission Master SP UGVs. These procurements by the JGSDF are being driven by the Japan Ministry […]
US VC funding falls 35.7% YoY to $24.2 billion in Q1 2024, yet global dominance intact, finds GlobalData
The US startup ecosystem saw the announcement of a total of 1,137 venture capital (VC) funding deals of worth $24.2 billion during the first quarter (Q1) of 2024. This represents a decline of 49.1% in terms of deal volume and 35.7% in terms of value compared to Q1 2023. Despite a decline from the previous […]
Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis top M&A legal advisers in North America during Q1 2024, reveals GlobalData
Skadden, Arps, Slate, Meagher & Flom and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the North American region during the first quarter (Q1) of 2024 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of […]
JP Morgan and Houlihan Lokey top M&A financial advisers in North America during Q1 2024, reveals GlobalData
JP Morgan and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the North American region during the first quarter (Q1) of 2024 by value and volume, respectively according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Deals Database reveals that […]
Alzheon’s oral anti-amyloid drug has potential to be first oral Aβ-targeting therapy approved in US and EU, says GlobalData
Given the complex pathophysiology of Alzheimer’s disease (AD), developing disease modifying therapies (DMTs) that target different aspects of AD pathology is critical. American clinical-stage biopharmaceutical company Alzheon has recently presented promising interim results from its Phase II Biomarker Trial (NCT04693520) of its oral, brain-penetrant, amyloid-oligomer inhibitor ALZ-801 (valiltramiprosate) at the American Academy of Neurology (AAN) […]