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Alternative payment methods such as mobile and digital wallets are being widely used in the e-Commerce space in Singapore, accounting for 38.6% of the payments made on the online payments in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s e-Commerce Analytics reveals that Singapore’s e-Commerce market grew by 16.9% in 2022 to reach […]
North America companies dominate Forbes 2000 list with $19.3 trillion revenue in 2023, reveals GlobalData
Companies headquartered across the North America region accounted for 38% ($19.3 trillion) of the total aggregate revenue ($50.8 trillion) of the companies featured in the Forbes 2000 list in 2023, according to a study by GlobalData, a leading data and analytics company, revealed. The analysis of 2023 Forbes list by GlobalData has revealed interesting facts. […]
Amazon better than expected Q2 2023 results fuel social media buzz among Twitter influencers, finds GlobalData
E-Commerce behemoth Amazon.com Inc has exceeded Wall Street’s expectations in the second quarter (Q2) of 2023 with an impressive 11% year-on-year rise in earnings, propelling a surge in market share and value before the first weekend of August. Consequently, Twitter influencer conversations around Amazon saw a dramatic increase, reveals the Social Media Analytics Platform of […]
MEA region risk score up in Q1 2023 amid global economic slowdown and strained finances, finds GlobalData
The Middle East and Africa (MEA) region’s growth prospects in 2023 face significant downside risk due to a potential global economic slowdown impacting exports. Lower oil production, high inflation, tighter monetary policies, increased borrowing costs, and the rising cost of servicing debt continue to strain the region’s finances. Against this backdrop, the risk score of […]
US, China account for around 70% of high-value VC deals volume, value in H1 2023, reveals GlobalData
The US and China maintained their status as the preferred investment destinations for venture capital (VC) firms in the first half (H1) of 2023. Together, they accounted for a staggering 70% of the volume and value of high-value VC deals (≥$100m) announced globally during this period, reveals GlobalData, a leading data and analytics company. An […]
Top 25 global tech giants defy recession predictions, gain $2 trillion market cap in Q2 2023, reveals GlobalData
Nvidia gains over 50% in market cap in Q2 and almost 200% since Jan 2023 FAAMG stocks fare better in valuation early this year The prediction of a global recession and the Federal Reserve (Fed) interest-rate induced spending squeeze saw tech stocks experiencing a tipsy-topsy journey during most part of H1 2023. At the back […]
Investors risk in Asia-Pacific rises marginally in Q1 2023, says GlobalData
The Asia-Pacific (APAC) region continues to grapple with challenging economic conditions, with prominent concerns revolving around China’s sluggish economic indicators, amplified by increased financing costs in major APAC economies and weakened external demand. Against the backdrop, the risk score for the region remained unchanged over the last quarter at 42.4 out of 100 during the […]
Global enterprise cloud computing market to reach $1.4 trillion in 2027, forecasts GlobalData
The total revenue opportunity for cloud computing in the enterprise segment is poised to reach $1.4 trillion in 2027 globally, driven by positive IT investment sentiment seen among enterprises globally, and the large-scale automation and IT modernization initiatives taken up by them, forecasts GlobalData, a leading data and analytics company. Sandeep Kolakotla, Technology Lead Analyst […]
India card payments market to surpass $728 billion in 2027, forecasts GlobalData
India’s card payments market is expected to almost triple from INR21.7 trillion ($262.1 billion) in 2022 to INR60.2 trillion ($728.2 billion) in 2027, driven by rising consumer spending, says GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payments value in India registered a strong growth of 26.2% in 2022, […]
Setback for Sumitomo, Otsuka Schizophrenia drug ulotaront after Phase III failure, says GlobalData
Following the news that Sumitomo and Otsuka’s ulotaront failed to meet the primary endpoints in the Phase III DIAMOND 1 and DIAMOND 2 trials, treating acutely psychotic adults with schizophrenia; Christie Wong, Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “As all members of the atypical antipsychotic drug class have […]
Malaysia card payments value to grow by 20.8% in 2023, supported by strong economic recovery, forecasts GlobalData
Malaysia’s card payments market is estimated to grow by 20.8% to reach MYR371.8 billion ($84.5 billion) in 2023, driven by a significant shift in consumer preferences towards non-cash payment methods and recovery in consumer spending, according to GlobalData, a leading data and analytics company. GlobalData’s Payment Cards Analytics reveals that card payments value in Malaysia […]
ESG theme drives 28% QoQ rebound in global M&A deal activity during Q2 2023, reveals GlobalData
Global mergers and acquisitions (M&A) deals have shown a remarkable quarter-on-quarter (QoQ) rebound, surging by 28% from $469 billion during the first quarter (Q1) of 2023 to reach $602 billion during the second quarter (Q2) of 2023. After four consecutive quarters of decline, this growth signals a resurgence in deal-making activities driven by environmental, social, […]
Hogan Lovells, Kirkland & Ellis top M&A legal advisers by value, volume in construction sector in H1 2023, reveals GlobalData
Hogan Lovells and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the construction sector during the first half (H1) of 2023 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 Financial Deals Database reveals […]
JP Morgan, PwC top M&A financial advisers by value, volume in construction sector in H1 2023, reveals GlobalData
JP Morgan and PwC were the top mergers and acquisitions (M&A) financial advisers in the construction sector during the first half (H1) of 2023 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 Financial Deals Database reveals that JP […]
LK-99 superconductor ignites excitement and skepticism on Twitter, reveals social media analysis by GlobalData
The global scientific community is abuzz with excitement and skepticism following a momentous announcement by a trio of distinguished Korean physicists. In a landmark achievement, they have unveiled the remarkable Lead-Apatite (LK-99) superconductor, which claims to be the first ever Room-Temperature Ambient Pressure Superconductor. This groundbreaking discovery has sparked a surge of discussions surrounding superconductors […]
South Korea e-commerce market to surpass $160 billion mark in 2027, forecasts GlobalData
South Korea continues to evolve as a major e-commerce market and is expected to register a strong compound annual growth rate (CAGR) of 7.7% between 2023 and 2027 to reach KRW202.6 trillion ($160.4 billion) in 2027, forecasts GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that South Korea e-commerce market has been […]
Kirkland & Ellis top M&A legal adviser in oil & gas sector in H1 2023, reveals GlobalData
Kirkland & Ellis was the top mergers and acquisitions (M&A) legal adviser in the oil & gas sector during the first half (H1) of 2023 by both value and volume, according to the latest legal advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that […]
Morgan Stanley, JP Morgan top M&A financial advisers by value, volume in oil & gas sector in H1 2023, reveals GlobalData
Morgan Stanley and JP Morgan were the top mergers and acquisitions (M&A) financial advisers in the oil & gas sector during the first half (H1) of 2023 by value and volume, according to the latest financial advisers league table by GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals […]
GenAI takes center-stage as media industry AI-first approach sparks content revolution, says GlobalData
From elevating content creation to optimizing distribution strategies and personalizing user experiences to enhancing monetization efforts, the impact of generative artificial intelligence (genAI) in the media industry is bound to reshape how we consume and engage with media content. Amidst the enthusiasm around the power and possibilities of genAI and its new application paradigms, media […]
Jefferies, Rothschild & Co top M&A financial advisers by value, volume in retail sector in H1 2023, reveals GlobalData
Jefferies and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the retail sector during the first half (H1) of 2023 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 Financial Deals Database reveals that […]