GlobalData
GlobalData

Business Fundamentals

Low-value deals continued to dominate VC funding activity in AI space, while big-ticket deals registered growth in 2020

Low-value venture capital (VC) funding deals (investments less than or equal to US$10m) volume shrank as overall VC funding activity in the artificial intelligence (AI) space declined during the COVID-hit 2020. The share of low-value deals as a proportion of total deal volume also declined, however, it still continued to account for a dominant share. […]
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Capco deal yields Wipro steep spike in influencer discussions on Twitter, observes GlobalData

India-based IT giant Wipro Limited (Wipro) has recently agreed to acquire London-headquartered global management and technology consultancy Capco for US$1.45bn. Subsequently, there was a 150% spike in influencer conversations on Wipro during the first week of March compared to the previous week, reveals GlobalData, a leading data and analytics company. This is Wipro’s largest ever […]
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Ford Motor sees 200% growth in influencer conversations after doubling investment in EVs, reveals GlobalData

Ford Motor Company (Ford) doubled its investment in electric vehicles (EVs) while declaring better than expected quarterly earnings report for Q4 2020. This led to a staggering 200% jump in influencer conversations on Twitter during January-February 2021 over the previous two months, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s […]
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Circle’s hiring swells as cryptocurrency payment ecosystem enters a new epoch

Payments technology company, Circle Internet Financial, increased job postings from 51 in January to 481 in February 2021. The growing circulation of Circle’s USD Coin (USDC), along with wide usage of public blockchains for payments, commerce and financial applications, presents an opportunity for global expansion, finds GlobalData, a leading data and analytics company. Circle is […]
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Gojek rivalry with Grab extends to digital payments with investment in Indonesia’s e-wallet LinkAja, says GlobalData

Following the news that Indonesia-based ride-hailing giant Gojek has invested in state-backed e-wallet LinkAja in a fresh funding round;   Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “Rising Internet penetration, increasing digitalization and the proliferation of websites have been driving e-wallets’ growth in Indonesia. The popularity of […]
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Deal activity in AI space showcased growth during 2016-2020 despite fluctuating Y-o-Y trend, says GlobalData

Venture capital (VC) funding and mergers and acquisitions (M&A) activity in the artificial intelligence (AI) space showcased a fluctuating trend during 2016-2020. However, despite the fluctuation in deal activity, there is a significant growth in 2020’s deal volume and value compared with 2016, according to GlobalData, a leading and data analytics company. VC funding deal […]
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Huge fiscal support announced in Budget 2021 to aid the UK economy to grow in 2021, says GlobalData

Following today’s unveiling of the UK’s Budget 2021 as the country sets out its long-term economic recovery; Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “The £325bn ($453.8bn) COVID-19 package and successful vaccination drive will set the UK to experience a strong V-shaped recovery for 2021. According […]
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Sustainability agenda now a key priority for automotive sector with 75% of OEMs discussing this theme in 2020

GlobalData’s Filing Analytics platform identified that around 58% of vehicle manufacturers discussed electric vehicles in 2020, while mentions of sustainability rose by around 57% in 2020 compared to 2019 Sustainability-related M&A and PE/VC deal volumes in the automotive sector increased by more than 50% in 2020 Eco-mobility weighs on hiring activity Sustainability will remain a […]
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Consumer discretionary sector drives S&P 500 index performance

Consumer discretionary stocks led the S&P 500 charge between 31 January 2020 and 31 January 2021, while energy stocks remained the worst performing sector, according to analysis by GlobalData, a leading data and analytics company. Aggregate market cap of S&P 500 index constituents grew 18% from $28.4 trillion to $33.5 trillion over the period, and the index posted an annual return of 15.2% – whereas the return was […]
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Over 2,800 AI start-ups received funding from more than 3,700 VC investors during 2020

Among all the technology themes, artificial intelligence (AI) attracted the largest number of investors during 2020, while blockchain and cybersecurity led in terms of investors-to-idea ratio (number of venture capital (VC) investors / number of funded companies) and average deal size, respectively, according to GlobalData, a leading and data analytics company. Over 2,800 AI start-ups […]
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ByteDance ramps up recruitment in Singapore as India makes TikTok ban permanent, observes GlobalData

After realizing that the ban of video-sharing social networking service TikTok will be permanent in India, China-based ByteDance is downsizing workforce in India but ramping up recruitment in Singapore, observes GlobalData, a leading data and analytics company. An analysis of GlobalData’s Job Analytics Database reveals that about 25% of total job postings by ByteDance are […]
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