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PayPal Holdings, Inc. (PayPal) launched a new service in October 2020 enabling customers to buy, hold and sell bitcoin and other virtual coins (cryptocurrencies) at the 26 million merchants on its network, as migration towards digital payments continues to accelerate driven by the COVID-19 pandemic. Against this backdrop, cryptocurrency emerged as the most popular topic […]
Alibaba shows 60% spike in influencer conversation on Twitter during Q4 2020, reveals GlobalData
Alibaba Group Holding Limited (Alibaba) company came under scrutiny after China’s State Administration for Market Regulation (SAMR) issued guidelines for Anti-Monopoly Law (AML) to prevent and stop monopolistic behavior within the platform economy or digital platform. This contributed to a staggering 60% quarter-on-quarter rise in influencer conversations around Alibaba on Twitter during Q4 2020, reveals […]
Deal activity in Asia-Pacific declines by 15.7% in December 2020, finds GlobalData
A total of 1,417 deals were announced in the Asia-Pacific (APAC) region during December 2020, which is a decline of 15.7% over the 1,681 deals announced during the previous month, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the deal volume during the month remained […]
Goldman Sachs was top M&A financial adviser by value and volume for 2020
Goldman Sachs was the top financial adviser for mergers and acquisitions (M&A) deals by both deal value and volume for 2020, having advised on 338 deals worth US$816.6bn, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Goldman Sach’s diversified and global scale helped the firm top the […]
Latham & Watkins and Kirkland & Ellis were top legal advisers by value and volume for 2020
Latham & Watkins and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers for 2020 by value and volume, respectively, according to GlobalData’s Financial Deals Database. Latham & Watkins advised on 434 deals worth US$430.9bn, which was the highest among all the advisers. Meanwhile, Kirkland & Ellis led in volume terms having […]
Travel & tourism sector witnessed 9% decline in deal activity during December 2020
A total of 81 deals were announced in the global travel and tourism sector during December 2020, which is a decrease of 9% over 89 deals announced during the previous month, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “The travel and tourism sector remains one of […]
Global deal activity down by 0.8% in December 2020
A total of 5,401 deals were announced globally during December 2020, which is a decrease of 0.8% over 5,443 deals announced during the previous month, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database revealed that deal volume during the month also remained below the monthly average of […]
UPS hires for a busy shipping season as holiday logistics and vaccine deliveries gain pace, finds GlobalData
In a market environment redefined by COVID-19 pandemic, logistics companies are hiring employees and preparing for vaccine deliveries to cater to the holiday season’s demand. United Parcel Services (UPS), a key logistics player, is hiring more than 100,000 seasonal employees for the holiday season along with job postings for storage, transportation and distribution of healthcare […]
Adidas’ filing documents reveal declining coverage of Reebok as it considers brand’s sale
Mentions of Reebok in Adidas’ 2020* filings have substantially reduced compared to previous years, with GlobalData’s Filing Analytics platform identifying steep declines in discussions around the Reebok brand, which could indicate that the company is likely considering a sale of the brand. Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, says: “Adidas’ acquisition of Reebok more than a decade ago aimed to place the company on a better footing against competitors such as Nike. However, the […]
COVID-19 fails to deter Ikea’s store opening plans in India, says GlobalData
Following the news that Ikea is all set to open its second large format retail store in Navi Mumbai, India on 18 December 2020; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “The COVID-19 pandemic did not deter Ikea from pursuing its large format offline retail expansion plans […]
China among top themes in travel and tourism sector as recovery beckons, reveals GlobalData
With lockdowns and shutdowns back across several countries to contain the possible second or third wave of COVID-19, China’s domestic travel rebound has fueled discussions in the travel and tourism (T&T) sector. As a result, mentions around ‘China’ and related keywords have risen by over 16% in 2020 (as on 10 December) earnings call transcripts […]
Roku’s hiring rallies for strong business performance, finds GlobalData
With a significant increase in active accounts, streaming hours and higher advertising revenues, connected TV company Roku’s strong business performance has also triggered a jump in hiring activity. The company has seen a rapid rise in hiring with around 600 jobs posted since February 2020, according to the Jobs Analytics database by leading data and […]
Deal activity in Asia-Pacific declines 11% in November 2020, finds GlobalData
A total of 1,681 deals were announced in the Asia-Pacific (APAC) region during November 2020, which is a decline of 11% over the 1,888 deals announced during the previous month, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the deal volume during the month remained […]
Global deal activity down by 13.7% in November 2020, finds GlobalData
A total of 5,443 deals were announced globally during November 2020, which is a decrease of 13.7% over 6,304 deals announced during the previous month, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Global deal activity has remained inconsistent due to volatile market conditions since the COVID-19 outbreak and this is the second consecutive month of decline in deal volume. The decline could […]
Samsung pivots towards foldable phones while mentions of Galaxy Note down in 2020 filings, finds GlobalData
Foldable smartphones hit the market last year itself, but they gained in popularity with improved hinge mechanisms in 2020. Samsung, which is one of the first companies to embrace the design, had a busy year on the foldable phone front. Against this backdrop, the success of foldable phones seems to have caused a decline in […]
Grab, Gojek seem to set aside rivalry to counter growing competition from Sea across Southeast Asia, says GlobalData
Following the news that Southeast Asia’s two most valuable start-ups Grab Holdings (Grab) and Gojek are in talks to merge their businesses; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “The two ride-hailing rivals are amongst the most valued start-ups in the region. While Grab is valued at […]
Conagra’s job postings spike amid increasing at-home consumption
Conagra’s active jobs increased from over 200 in April to around 400 in October 2020, according to the Job Analytics database by leading data and analytics company, GlobalData – with hiring inclined towards production facilities and meeting supply chain requirements. As demand for a more diet-conscious market is shaping consumption patterns, Conagra is strengthening its […]
North America dominated global VC funding landscape during Q3 2020, while APAC emerged as bright spot
Global venture capital (VC) funding activity fluctuated during the third quarter (Q3) of 2020 due to inconsistent growth among different regions. However, North America continued to maintain its dominance, according to GlobalData, a leading data and analytics company. The number of VC funding deals that were announced globally declined from 1,787 in July to 1,531 in August before rising to […]
Early-stage funding rounds dominate VC investment landscape in APAC during Q3 2020, reveals GlobalData
Despite volatile market conditions, venture capital (VC) investors seem to continue placing bets on promising start-ups as the COVID-19 pandemic has dramatically accelerated the rate of digital adoption by companies across sectors. Against this backdrop, early-stage funding rounds (Seed and Series A) dominated the venture capital (VC) funding landscape during the third quarter (Q3) of […]
Caution prevails across APAC with big ticket VC deals remaining mostly non-existent in Q3, finds GlobalData
Big ticket deals (or billion-dollar deals) remained mostly non-existent as low value deals (investment <=US$10m) continue to account for the majority of the venture capital (VC) investment volume in the Asia-Pacific (APAC) region during the third quarter (Q3) of 2020, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals […]