Business Fundamentals

Tokyo is the top city worldwide in 2020 by count and aggregated revenue of public enterprises headquartered in 25 cities, says GlobalData

Tokyo has topped a ranking by GlobalData that listed the top 25 global cities worldwide. The leading data and analytics company compiled the ranking by assessing the 2020 GDP and aggregate revenues of more than 43,000 companies headquartered in around 5,400 cities. With an aggregate revenue of $4,877bn, Tokyo has been crowned king, beating the […]

Demand for automotive chips helps Toshiba recover from COVID-19 pandemic in Q1 FY2021, says GlobalData

Following the news that Toshiba reported a jump in net profit to JPY18bn (US$162.1m) for the first quarter ended 30 June 2021 (Q1 FY2021) compared to a net loss of JPY11.3bn (US$107m) in Q4 FY2020; Alisha Bajpai, Analyst at GlobalData, a leading data and analytics company, offers her views: “The return to profitability, which reflects […]

Business Fundamentals

Benign inflation along with strengthening factory output to aid India’s economic recovery in 2021, says GlobalData

Following the release of the data on India’s Index of Industrial Production (IIP) for June 2021, in the backdrop of recovery of economic activities; Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “Relaxation of COVID-19 restrictions, resumption of demand conditions and low base due to strict lockdowns […]

Business Fundamentals

GlobalData links GDP per capita of countries with Tokyo 2020 Olympics performance

After almost five years wait and more than US$15bn spent, the Tokyo 2020 Olympics successfully concluded on 8 August 2021. The US topped all the three medal categories to get the first rank in the overall medal tally. Asian counterparts, China and the host country Japan, occupied the next two spots with Australia settling at […]

Business Fundamentals

GlobalData reveals top 10 solar power influencers on Twitter in Q2 2021

Growing greenhouse gas emissions, government incentives and tax rebates, and increase in investors’ interest are driving the global solar energy market. Companies are also responding to the rising demand for reliable and sustainable energy. Against this backdrop, GlobalData, a leading data and analytics company, has ranked the top solar power influencers during the second quarter […]

Business Fundamentals

Morocco, Kenya and Ghana to be the fastest-growing major economies in Africa in 2021, says GlobalData

Having witnessed its worst recession in half a century in 2020, Africa’s economy is forecast to grow at a healthy pace of 3.8% in 2021 driven by rising global demand as restrictions are eased, untapped market opportunities, a rebound in commodity prices and a rise in oil prices. Leading data and analytics company GlobalData notes […]

Business Fundamentals

India’s first current account surplus since 2003 may not sustain as trade deficit set to widen, says GlobalData

India recorded an annual current account surplus for the first time in 17 years in 2020 due to lower trade deficit amid depressed import demand with closure of economic activities due to the COVID-19 induced nationwide restrictions. However, the current account surplus may not sustain as trade deficit is forecasted to widen from US$23.3bn in […]

Business Fundamentals

GlobalData prediction of BharatPe becoming unicorn comes true

Following the news that India-based merchant payments and financial services provider BharatPe has raised US$370m in fresh Series E funding; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “As rightly predicted by GlobalData’s Unicorn Prediction Model (uses proprietary machine learning (ML) algorithms to accurately identify promising future […]

Business Fundamentals

Li Auto outpaces Tesla in China job postings, reveals GlobalData

Growing deliveries for maiden mid-size SUV ‘Li ONE’ and the introduction of new production line seems to have increased Beijing-based Tesla rival Li Auto’s need for talent. The US-listed electric vehicle (EV) maker is rallying for new hires with job postings increasing from 159 jobs in January 2021 to 441 in July 2021, surpassing Tesla’s […]

Business Fundamentals

VC firms secured most investments in North America in Q2 2021, finds GlobalData

Global venture capital (VC) funding volume continued to showcase a declining trend during the months in the second quarter (Q2) of 2021, with inconsistent activity across most of the regions. However, North America continued to attract the highest number of VC investments during the quarter, according to GlobalData, a leading data and analytics company. The […]

Business Fundamentals

Early-stage funding rounds continue to dominate global VC funding landscape in Q2 2021, finds GlobalData

Early-stage funding rounds (comprising Seed and Series A funding rounds) continued to dominate the global VC funding landscape in terms of deal volume during the second quarter of 2021, according to GlobalData, a leading data and analytics company. The total number of deals with disclosed funding rounds announced during Q2 2021 stood at 4,122. Deals […]

Business Fundamentals

The US and China accounted for more than 60% of high-value VC investments in Q2 2021, finds GlobalData

The US and China remained the preferred destinations for venture capital (VC) investors globally in Q2 2021. Both nations attracted a significant amount of high-value VC investment deals (worth more than US$100m) both in terms of volume and value during the quarter. The US and China collectively accounted for 66.2% and 61.8% of high-value VC […]

Business Fundamentals

Top 25 global retailers by MCap reported 7% growth in cumulative MCap in Q2 2021, says GlobalData

The cumulative market capitalization (MCap) of the top 25 retailers increased by $321bn in Q2 2021 Regulatory crackdown led to broad-based selloff of Chinese retailers’ stocks The MCap of US-based online retailers, such as Amazon and eBay rebounded in Q2 2021, whereas major Chinese e-commerce players, such as Alibaba, Pinduoduo and JD.com, struggled to retain […]

Business Fundamentals

GlobalData reveals top 10 cruise influencers on Twitter in Q2 2021

GlobalData’s Cruise Influencer Platform, which tracks about 100 leading industry experts and their discussions pertaining to the emerging trends, pain areas, new fields of innovation and other popular areas on Twitter, revealed Doug Parker, Producer / Host of Cruise Radio Podcast and Cruise News Today, as the top cruise influencer during the second quarter (Q2) […]

Business Fundamentals

Lam Research ramps up hires in Malaysia, focuses on manufacturing, supply chain operations, finds GlobalData

California-based semiconductor company Lam Research Corporation is gearing up to develop products and provide dedicated supply chain operations to support its new factory operations in Malaysia. In line with that the company is making significant hires in the Asia-Pacific (APAC) region with Malaysia witnessing significant job listings. Hiring shows that the company is overseeing transportation […]

Business Fundamentals

Early-stage funding rounds account for over 68% of Asia-Pacific VC investment during Q2 2021, reveals GlobalData

Startups seeking early-stage funding (seed and Series A) got a bigger slice of the Asia-Pacific (APAC) venture capital (VC) investment pie during the second quarter (Q2) of 2021. Subsequently, early-stage funding rounds accounted for 68.2% of the total deal volume in the region during the period, according to GlobalData, a leading data and analytics company. […]

Business Fundamentals

Job postings in the UAE have increased by 148% since July 2020 largely driven by Dubai Expo, finds GlobalData

The United Arab Emirates (UAE) has ramped up hiring activity across a number of different industry areas. The majority of this activity has occurred in the travel and tourism sector, largely coming from hotel chains and airline operators. Job postings have been increasing since January 2021, but has really picked up in July, finds GlobalData. […]

Business Fundamentals

Venture capital investors continue to bet big on low value deals in Asia-Pacific during Q2 2021, finds GlobalData

Low value deals (≤ US$10m) accounted for most of the venture capital (VC) investment volume in the Asia-Pacific (APAC) region while billion-dollar deals remained mostly non-existent during the second quarter (Q2) of 2021, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the region saw the […]

Business Fundamentals, Construction

JP Morgan top M&A financial adviser in construction sector for H1 2021, finds GlobalData

JP Morgan emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in the construction sector for H1 2021, having advised on 21 deals worth US$92.7bn. A total of 1,957 M&A deals were announced in the sector during H1 2021, according to GlobalData, a leading data and analytics […]

Business Fundamentals

Lori Shemek top health and wellness influencer in Q2 2021, reveals GlobalData

Nutrition and weight loss expert Lori Shemek emerged as the top influencer among the health and wellness experts on Twitter during the second quarter (Q2) of 2021, according to GlobalData, a leading data and analytics company. Shemek was also recognized as the top health and wellness global influencer for 2020. She largely shares updates on […]

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