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GlobalData

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Top 50 APAC firms amass over $650 billion in MCap in Q1 2024, reveals GlobalData

The Asia-Pacific (APAC) region, which includes several of the world’s fastest-growing economies, performed strongly in the first quarter of 2024. This led to an increase in the market capitalization (MCap) of companies within the region. China moving away from lockdowns, strong domestic demand in India and Indonesia, and better-than-expected corporate earnings across the region led […]
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Germany VC landscape thrives despite volume decline, signals growth potential, says GlobalData

Germany’s venture capital (VC) landscape saw notable activity during January-February 2024, with 62 disclosed deals of worth $1.3 billion. Despite a 38.6% year-on-year (YoY) decline in deal volume, the funding value witnessed an impressive 18.9% growth, positioning the country among the top five global markets by funding value. Significant VC funding, including those secured by […]
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Alternative payments account for over two thirds of total e-commerce payments in China, reveals GlobalData

Alternative payment methods such as mobile and digital wallets dominate the e-commerce space in China. They have displaced cash and cards and are the most preferred payment method with 67.3% market share in 2023, finds GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that Chinese e-commerce market is expected to register a […]
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UK startup ecosystem stays globally prominent despite YoY dip in first two months of 2024, reveals GlobalData

Amidst a decline in year-on-year (YoY) startup venture capital (VC) funding, the UK’s entrepreneurial ecosystem remains resilient, retaining its influential position globally despite market fluctuations. With $1.4 billion raised across 152 deals in the first two months of 2024, the UK sustains its prominence in Europe’s venture capital landscape, showcasing adaptability and enduring appeal amidst […]
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Alternative payments account for 58% of e-commerce market in India, reveals GlobalData

India’s e-commerce sector is witnessing a seismic shift with alternative payment methods commanding a staggering 58% share of the market in 2023. Mobile and digital wallets have eclipsed traditional payment modes, reflecting a paradigmatic change in consumer preferences and transactional behavior. This dominance underscores the country’s digital revolution, propelled by burgeoning internet connectivity and a […]
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Card payments in Australia to surpass $700 billion in 2024, forecasts GlobalData

Australia has a well-developed card payment market, supported by robust payment infrastructure featuring the widespread acceptance of electronic payments. The country benefits from a nearly 100% banked population and a well-established framework for accepting various payment methods, making it one of the most developed card markets both regionally and globally. Against this backdrop, the card […]
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