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Low-value venture capital (VC) funding deals (investments less than or equal to US$10m) volume also shrank as overall VC funding activity in the Internet of Things (IoT) space declined during 2020 compared to 2019. The share of low-value deals as a proportion of total deal volume also declined. However, it continued to account for a […]
Crypto acceptance by big organizations sparks 200% rise in influencer conversations in H1 2021, reveals GlobalData
Global interest in cryptocurrencies continues to rise as the top financial companies adopt crypto assets in shift of digital economy. Against this backdrop, influencer conversations on Twitter related to ‘Crypto’ showed a staggering year-on-year growth of 200% during H1 2021*, according to the Cards and Payments Influencer Platform of GlobalData, a leading data and analytics […]
COVID-19 to hit world debt harder than WWII, says GlobalData
Despite optimistic expectations around global economic recovery, global debt is expected to skyrocket by the end of 2021 due to continuous rise in government and corporate spending in response to the ‘Great Lockdown’ of the COVID-19 pandemic, says GlobalData. Analysis by the leading data and analytics company has highlighted that debt is forecast to surpass […]
Under Armour increases hires for stores amid DTC shift, finds GlobalData
Sportswear brand Under Armour has been on a hiring spree, according to the Jobs Analytics database by GlobalData, which noted that Under Armour had posted over 2,300 jobs in Q2 – a 151% increase when compared to Q1. This included a spurt of hiring activity in April 2021 – the first time in over a […]
RCEP trade deal aids regional economic integration but Japan needs to be cautious of Chinese influence, says GlobalData
Following today’s (25 June) news about Japan signing the regional comprehensive economic partnership (RCEP) trade agreement involving China, Australia and the Association of Southeast Asian Nations (ASEAN): Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “The trade deal marks the first trade agreement of Japan with its […]
GlobalFoundries makes Singapore, India preferred hiring regions; lists jobs to facilitate IPO, reveals GlobalData
Global chip shortage seems to have forced chip manufacturers to accelerate growth and expansion strategies. In line with this, US-based semiconductor manufacturer GlobalFoundries is investing in manufacturing facilities, and 50% of the total job postings between July 2020 and June 2021* are in Singapore and India. In addition, job listings by the company indicates potential […]
Indian startups raise US$8.1bn VC funding during January to May 2021, finds GlobalData
Indian startups stood next to Chinese counterparts in terms of venture capital (VC) funding value among the Asia-Pacific (APAC) countries during January to May 2021. A total of 499 VC funding deals were announced in India during the period while the corresponding disclosed funding value of these deals stood at US$8.1bn, according to GlobalData, a […]
MSC Cruises top mentioned cruise liner among influencer conversations during Q2 2021, reveals GlobalData
Cruise industry plans to restart operations with vaccinated crew and guests in this summer as relaxation of travel restrictions and rollout of vaccines fuel hope after a year of closure due to the COVID-19 pandemic. MSC Cruises S.A. (MSC Cruises) was the top company among the influencer conversations on Twitter on Cruise Influencer Platform, followed […]
Chinese startups brush aside COVID-19 blues to raise US$37.4bn during January to May 2021, reveals GlobalData
Despite the COVID-19 pandemic, Chinese startups raised the highest venture capital (VC) funding amount among the Asia-Pacific (APAC) countries during January to May 2021. A total of 1,303 VC funding deals were announced in China during the period as the disclosed funding value of these deals stood at US$37.4bn, according to GlobalData, a leading data […]
Low-value deals dominated VC funding landscape in cloud space in 2020, finds GlobalData
Low-value venture capital (VC) funding deals (investments less than or equal to US$10m) volume shrank as overall VC funding activity in the cloud space declined during 2020 compared to 2019. The share of low-value deals as a proportion of total deal volume also contracted, however, it still continued to account for a dominant share, according […]
Netflix, Disney find themselves at opposite ends of sentiment spectrum in India, reveals GlobalData
American over-the-top (OTT) content platform Netflix dominates in certain Asia-Pacific (APAC) countries such as Australia and Malaysia, according to the subscription video on demand (SVOD) forecasts by GlobalData, a leading data and analytics company. Yet, Netflix has significant ground to gain in India, with sentiments around India down year-on-year in 2021* while Disney’s sentiments are […]
Tokyo Olympics unlikely to drive economic activity in Japanese cities, says GlobalData
The Tokyo 2020 Olympics will do little in boosting the country’s economic growth as the organising committee has banned foreign fans and volunteers. Since February 2021, the uncertainty hovering over the Olympics navigated to the clarity for hosting the games, which boosted the confidence of the organisers and related services industries to reap some benefit […]
Goldman Sachs hires prominently for Marcus as it looks to expand its digital consumer banking division, finds GlobalData
Goldman Sachs is developing Marcus, its digital consumer business division, by expanding into new products and partnerships and providing digital solutions for consumers to better spend, borrow, invest and save. Job postings for the division increased in Q1 2021 with 151 jobs compared to 103 jobs in Q1 2020, and have been on the rise […]
Tokyo Olympics fails to boost hiring activity in Japan, finds GlobalData
Tokyo Olympics and Paralympics games are back at the world center stage after delays due to the COVID-19 pandemic. The mega sporting events do not seem to impact hiring activity with active jobs not seeing significant growth in Japan. However, it’s business as usual for companies that are partnering the event. From product launches, customer […]
Crypto discussions among corporates grew in Q1 2021, yet negativity persists, says GlobalData
Despite the market volatility, cryptocurrency has gained traction among corporates over the last five years, according to GlobalData. The leading data and analytics company’s filing analytics database reveals that, mentions of ‘crypto’ and related keywords in company filings rose by over 125% in Q1 2021, compared to Q4 2020 – the sharpest increase since the […]
Four Seasons ramps up hiring in 2021 as it reopens several of its hotels, finds GlobalData
Four Seasons and Hotels has been ramping up hires in 2021, with new job postings doubling from 431 in February 2021 to 889 in March 2021. The Canada-based company is hiring several senior-level personnel and support staff across its 119 hotels and 44 private residences, finds GlobalData, a leading data and analytics company. The company […]
Sentiments around China up by 16% in 2021 as US firms continue to rely for domestic supply, reveals GlobalData
The COVID-19 pandemic and strained economic ties between the US and China impacted the sentiments of US-based companies around China in 2020. However, sentiments seem to have gained ground in 2021* growing year-on-year by around 16%, finds GlobalData, a leading data and analytics company. Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, comments: “With no […]
Influencers opine iOS 15 will help Apple retain customers, reveals GlobalData
Apple Inc. (Apple) witnessed a dramatic jump of 100% in influencer conversations on Twitter during the second week of June 2021 over the previous week, following the official announcement of its next generation operating system iOS 15 during Worldwide Developers Conference (WWDC), reveals GlobalData, a leading data and analytics company. iOS, iPad and health emerged […]
SoftBank led US$360m funding fuels AI-powered technology ambitions of online used car platform Carro, says GlobalData
Following the news that Singapore-based online car sales platform Carro raised US$360m in a fresh funding round; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “On the back of the fresh funding led by Japan’s SoftBank, the valuation of Carro exceeded US$1bn and it became the latest […]
Renewable resources discussions grow multifold in 2020 as fossil fuel demand dwindles, says GlobalData
‘Renewable energy’ mentions in oil and gas companies’ earnings transcripts increased by over 150% in 2020 compared to 2019, while mentions in 2021* surpassed more than a half of 2020, according to GlobalData’s Company Filings Analytics platform. This trend is expected to continue as dwindling energy demand due to the COVID-19 pandemic has pushed oil […]