Business Fundamentals

TikTok deal may not be lucrative enough for any potential US buyer, says GlobalData

Following the news that China-based multinational Internet technology company ByteDance dropped the sale of video-sharing app TikTok’s US operations to Microsoft and selected Oracle as technology partner to avoid a possible US ban; Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “ByteDance, which is valued at about US$100bn […]

Deal activity in Asia-Pacific up by 2.8% in August, finds GlobalData

A total of 2,094 deals were announced in the Asia-Pacific (APAC) region during August 2020, which is an increase of 2.8% over 2,037 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 above […]

Business Fundamentals

Softbank’s investment pushes edtech start-up Unacademy into unicorn league in India, says GlobalData

On the back of US$150m fundraising lead by Japan’s Softbank, Bengaluru-based edtech start-up Unacademy became the latest player to join the league of unicorns in India, according to GlobalData, a leading data and analytics company. The funding round, which was announced on 2 September 2020, has put the valuation of Unacademy at US$1.5bn, a three-fold […]

Business Fundamentals

India’s GDP contraction continue to persist another quarter though at slower pace, forecasts GlobalData

Following the news that Indian economy has nosedived by 23.9% YoY in the April-June 2020 quarter, the acutest historical decline; Kausani Basak, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view on the dip: “India imposed one of the strictest lockdowns in the world which in turn has led to […]

Business Fundamentals

COVID-19 pulls down profits of top Singapore banks in Q2, says GlobalData

Although Singapore boasts a resilient financial system, top players of the country’s banking sector suffered a sharp decline in their quarterly profits, reflecting sentiments similar to the country’s quarterly GDP growth, says GlobalData, a leading data and analytics company. DBS Group Holdings (DBS), Oversea-Chinese Banking Corp (OCBC) and United Overseas Bank (UOB), which are not […]

Business Fundamentals

Post-COVID-19, floods may hinder China’s economic recovery, says GlobalData

Following the news that floods in China forced several small businesses to shut down and millions to migrate from their homes; Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “China’s GDP growth rate of 3.2% (YoY) in Q2 2020 may not sustain in the next quarter due […]

Business Fundamentals

Despite slowing consumer spending, 24 of the top 25 publicly traded global retailers saw YoY revenue growth in 2019, shows a study from GlobalData

Fiscal 2019 appeared to be quite fruitful year as all but one of the top 25 global publicly traded global retailers reported YoY revenue growth – with seven seeing double-digit growth, reveals GlobalData. The data and analytics firm analyzed the year-on-year (YoY) change and compound annual growth rate (CAGR) of the publicly traded retailers in […]

Business Fundamentals

High-profile investors, e-commerce mentions prominently feature in Reliance’s filings, finds GlobalData

Jio Platforms Limited (Jio), a subsidiary of India-based Reliance Industries Ltd. (Reliance), has recently added two tech giants Facebook and Google to its roster of high-profile investors. Subsequently, the mentions of ‘investment’ in Reliance’s filings (filed in Q3 2020, and earnings released on 30 July 2020) have grown multifold as compared to Q2 2020 (ended […]

Business Fundamentals

Amazon speeds ahead of e-commerce competitors in ranking of top 25 publicly trading retailers by MCap in Q2 2020 with a 41.8% QoQ rise, says GlobalData

Amazon saw a huge rise in market capitalization (MCap) in H1 this year as customers flocked to online platforms amid lockdowns. Having now reached the US$1 trillion mark – and seeing a whopping 41.8% rise in Q2, when compared with Q1 – the e-commerce company is powering ahead of competitors globally, with over 125% lead […]

Business Fundamentals

US retailers’ sentiments recover due to stellar digital gains, says GlobalData

Sentiments rise seen for Walmart, The Home Depot, Target and Kohl’s on the back of digital sales boom, says GlobalData, a leading data, and analytics company. Walmart shrugged off any COVID-19 concerns as the retailing giant’s US comparable sales growth drove a sentimental upswing of over 23%. Meanwhile, The Home Depot’s sentiments grew by over […]

Business Fundamentals

Beijing’s public companies lead revenue generation among APAC cities, finds GlobalData

Beijing has emerged as the top city in the Asia–Pacific (APAC) region in the 2019 revenue analysis of the top 10 cities by GDP, according to GlobalData, a leading data and analytics company. GlobalData analyzed 10 cities with the highest GDP in the APAC region, which are then ranked based on total revenue generated by […]

Business Fundamentals, Pharma

Takeda’s hiring continues to decline following a 13.9% drop in Q1-Q2, finds GlobalData

Global pharmaceutical industry job postings see recovery in Q3 thus far, following a decline in Q2 2020 Takeda’s workforce size of 49,578 as of 31st March 2019, declined to 47,495 by end of March 2020 Takeda’s resources should be moved to areas that made Shire an appealing purchase Takeda Pharmaceutical’s (Takeda) hiring patterns show a […]

Business Fundamentals

Beijing and Tokyo public company revenue surged ahead of London, Paris and all major US metropolitans in 2019

Beijing and Tokyo saw a major lead over European and US-based cities in GlobalData’s 2019 ranking of top 25 global cities by GDP, with Beijing seeing $5,643bn revenue – three times larger than London, which is the first non-APAC city in the ranking by revenue. Although Beijing was the largest revenue contributor – and third […]

Business Fundamentals

Despite ban on apps, Chinese tech stocks continue to yield impressive returns, reveals GlobalData

Ban on apps and technology companies notwithstanding amidst the rising data breach concerns, the Chinese technology sector continues to yield impressive returns with domestic support, finds GlobalData, a leading data and analytics company. The COVID-19 pandemic has disrupted the supply of critical raw materials, thus affecting the electronics value chain of the technology sector in […]

Business Fundamentals

FAANG shrugs off COVID-19 impact as sentiments rebound, says GlobalData

FAANG’s Q2 2020 sentiment score grew by over 15%, with Facebook topping the group with over 30% rise followed by Google with 28%, says GlobalData, a leading data and analytics company. FAANG companies are well-positioned to continue their exemplary performance. However, Apple commented on possible iPhone supply chain disruptions in fall 2020, while the anti-trust […]

Business Fundamentals

Apple’s US$2 trillion valuation a combination of subscription success, loyal customers and investor confidence, says GlobalData

Apple recently became the first US publicly listed company to hit the US$2 trillion market cap (MCap) mark. The iPhone maker’s pandemic-defying performance can be attributed to the success of its subscription services, a loyal customer-base worldwide that continued buying its products and services from online platforms – even when many of the flagship Apple […]

Business Fundamentals

Global deal activity up by 16.6% in July 2020

A total of 6,423 deals were announced globally during July 2020, which is an increase of 16.6% over 5,507 deals announced during the previous month, according to GlobalData, a leading data and analytics company. GlobalData’s Financial Deals Database also reveals that deal volume during the month remained above the first quarter (Q1) of 2020 and […]

Business Fundamentals

Despite posting impressive revenue growth in 2019, tough road ahead for top 20 APAC tech companies, reveals GlobalData

Software sales and advertising revenue were instrumental for the top 20 Asia-Pacific (APAC) technology* companies reporting an average revenue of over US$40bn and an average revenue growth of 4% in 2019. However, the going may get tough for them in 2020 due to the ongoing volatile geo-political situation and COVID-19, says GlobalData, a leading data […]

Business Fundamentals

Japan’s economy set for marginal recovery in H2 2020, after record dip in real GDP in Q2 2020, says GlobalData

Following the news that Japan’s economy has contracted by 7.8% in the April-June 2020 quarter, the sharpest economic slump on record in the country’s modern history; Gargi Rao, Economic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “The global pandemic has led most developed countries to revise down their real […]

Business Fundamentals

Sentimental recovery in food services sector driven by Del Taco and Yum! Brands benefitted by quick implementation of digital infrastructure, says GlobalData

In July 2020, ten of the top 11 global foodservice companies witnessed a recovery in their earnings transcript sentiment score. Sentiment growth in the sector was largely driven by Del Taco Restaurants, which saw over 30% in July 2020*, compared to Q1 2020, according to GlobalData, a leading data, and analytics company. Rinaldo Pereira, Senior […]

Prev 1 … 118 119 120 121 122 … 134 Next