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Zoom’s sentiment growth in Q1 2021* was driven by themes such as cloud, sustainability, and customer growth. The company continues to gain from work-from-home (WFH) trends, with mentions of revenue and customer growth increasing by around 21% in 2020 compared to 2019, finds GlobalData, a leading data and analytics company. Rinaldo Pereira, Senior Business Fundamentals […]
Sustained recovery in supply from Aramco in the coming years, says GlobalData
Following less-than-rosy company results, though, amid one of the most challenging years for oil and gas companies, Saudi Aramco is expected to lay significant emphasis on improving business performance by focusing on growth markets such as Asia while keeping a tab on operational expenditures. GlobalData’s Oil & Gas and Business Fundamentals teams offer their view […]
Influencers on Twitter excited on successful launch of SpaceX’s Starship rocket, reveals GlobalData
Space Exploration Technologies Corp (SpaceX) witnessed a dramatic jump in influencer conversations on Twitter during the first week of March over the previous week, following the first successful landing of its Starship rocket, according to GlobalData, a leading data and analytics company. On 3 March 2021, SpaceX achieved a major milestone as it launched its […]
Sequoia Capital was top VC investor in AI space in 2020, says GlobalData
US-based firms dominated the list of top ten venture capital (VC) investors in the artificial intelligence (AI) space by number of investments in 2020. Sequoia Capital managed to top the list as the firm participated in 52 VC funding rounds, according to GlobalData, a leading data and analytics company. Of the list of 10 VC […]
Singapore’s new unicorn PatSnap well placed to capitalize on IP race between US and China, says GlobalData
Following the news that Singapore-based patent analytics firm PatSnap raised US$300m in a fresh Series E funding; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “With the fresh funding round backed by Softbank and Tencent, the valuation of PatSnap exceeded US$1bn. The fresh injection of capital will […]
PayPal sees surge in influencer discussions on Twitter post Curv acquisition, observes GlobalData
PayPal Holdings Inc. (PayPal) has recently agreed to acquire Israel-based cryptocurrency startup Curv. Subsequently, there was a 100% spike in influencer conversations around the global digital payments company on Twitter during second week of March, reveals GlobalData, a leading data and analytics company. PayPal expects Curv to accelerate and expand its initiatives to support cryptocurrencies […]
HSBC earnings transcripts reveal 47% rise in discussions around Asia in 2020, says GlobalData
Shifts focus away from low-return US and Europe markets Cost-cutting among top agendas Digital push weighs on hiring activity Volatility in the markets brought on by the COVID-19 pandemic is forcing London-based HSBC Holdings Plc (HSBC) to shift focus away from the low-return US and Europe markets to Asia. Against this backdrop, mentions around Asia […]
Uniform recovery expected across major nations in the Americas in 2021, says GlobalData
Recovery in the Americas is expected to speed up from the second quarter of 2021 as vaccine rollout picks up pace and foreign investment starts pouring in, supported by accommodative monetary policies. The Americas is expected to recover in 2021 and real GDP is forecasted to grow by 4.7%, says GlobalData, a leading data and […]
CoreCivic hiring remains resilient despite US executive order to eliminate private detention facilities, finds GlobalData
CoreCivic hiring continues to be relatively resilient despite a recent executive order (EO) by the US President Joe Biden to do away with private detention facilities. Active jobs open for recruitment in March 2021 are 439 when compared to 301 jobs in March 2020, according to GlobalData, a leading data and analytics company. Most jobs […]
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. […]
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 […]
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 […]
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 […]
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 […]
US is home to majority of top VC investors, says GlobalData
Eight of the top ten global VC investors, by number of investments in 2020, were headquartered in the US Silicon Valley/California was the home to seven of these top ten investors Several American venture capital (VC) investors managed to make sizeable number of investments, despite the challenges around COVID-19. US-based firms dominated the list of […]
EdTech startups help China dominate GlobalData’s list of top five VC funded companies in APAC in 2020
China is the largest economy in the Asia-Pacific (APAC) region and has a conducive startup ecosystem. As a result, China-based startups, which are at the forefront of innovation in emerging technologies, are able to attract investors’ attention. This reflects in GlobalData’s list of top five VC funded companies in APAC in 2020, where all the […]
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 […]
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 […]
Airbnb and DoorDash show distinct hiring trend post trading debut, finds GlobalData
Ever since raising over $3bn, Airbnb and DoorDash – two companies that both went public in December 2020 – are seeing drastically different hiring activities, with Airbnb making cautious job postings while DoorDash ramps up recruitment, observes GlobalData. This is unusual because there is a high probability that companies will increase spend on hiring after […]
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 […]