Business Fundamentals

Ericsson most mentioned telecom company on Twitter during MWC 2023, reveals GlobalData

The Mobile World Congress (MWC) 2023 has recently come to an end, leaving behind a wealth of insights into the telecom industry’s latest trends and key players. Against this backdrop, Telefonaktiebolaget LM Ericsson (Ericsson) has taken center stage as the most mentioned company among the top 10 companies in the telecom industry. Twitter influencers fueled the […]

Beijing business-friendly policies, reopening borders set to drive economic growth at 3.5% in 2023, forecasts GlobalData

The Beijing metropolitan municipality’s emphasis on fostering a business-friendly environment through the creation of two zones, including the establishment of a free trade zone, showcases a greater openness to foreign investors and is expected to boost the economic activities in the coming years. Along with it, the lifting of Zero-COVID policy and reopening of borders […]

Business Fundamentals

GlobalData sees companies posting jobs around cellular agriculture as food production shifts towards sustainability

The food industry is undergoing a major transformation as companies seek to reduce the environmental impact of meat production and create a sustainable food system. Against this backdrop, cellular agriculture has emerged as a core platform to produce animal products without the need for traditional livestock farming methods. This innovative approach is gaining traction among […]

Business Fundamentals

TikTok emerges as Twitter influencers top choice for shopping, reveals GlobalData

Live stream shopping on social media has gained popularity since the COVID-19 pandemic, as it provides a full-funnel customer experience by blending entertainment with instant shopping. In line with this, TikTok has emerged as the most discussed social media app related to shopping among the Twitter influencers in the last six months (Sep-22 to Feb-22) […]

Business Fundamentals

Cellular agriculture key technology for food security, says GlobalData

With the global population estimated to expand to around 10 billion by 2050, the call for a sustainable food system to meet the global protein needs iss on the rise. “Cellular agriculture” is emerging as one of the key technologies for decarbonizing protein production systems by directly producing products from cells, as opposed to raising […]

Business Fundamentals

APAC fintech startups see decline across all venture capital funding stages in 2022, reveals GlobalData

The Asia-Pacific (APAC) region has emerged as a significant hub for startups in the financial technology (fintech) industry over the past few years, with increasing number of venture capitalists (VCs) investing in the space. However, the region’s fintech startups are currently facing a funding slump, with all funding stages, including early-stage (Seed and Series A) […]

Business Fundamentals

ExxonMobil, Apple find themselves at opposite ends of market value spectrum in 2022, reveals GlobalData

ExxonMobil and Apple, two prominent companies, experienced contrasting market fortunes in 2022. While the oil and gas behemoth gained the most market value, the Cupertino-based tech giant registered the biggest loss, reveals the Company Profiles Database of GlobalData, a leading data and analytics company ExxonMobil has reportedly gained a whopping $195.2 billion to reach a […]

Business Fundamentals

Global economic slowdown looms in 2023 due to high inflation, borrowing costs, says GlobalData

The global economy is facing significant challenges due to slowing but elevated inflation, high borrowing costs, and lower external demand. These factors are expected to have a profound impact on private consumption expenditure, investments, and economic activities. As a result, major global economies are projected to experience slower growth or even recession this year. Against […]

Business Fundamentals

India startup ecosystem faces winter chill with 23.1% MoM drop in VC funding to $696.2 million in January 2023, reveals GlobalData

As one of the major startup hubs in the Asia-Pacific (APAC) region, India has always been a hotbed for venture capital (VC) funding activity. However, the new year has brought with it a funding winter that has been continuing to take a toll on investor sentiments, leading to a sharp month-on-month (MoM) 23.1% decline in […]

Business Fundamentals

China venture capital funding value down by 62.4% YoY in January 2023, reveals GlobalData

A total of 237 venture capital (VC) funding deals worth $2.9 billion were announced in China during January 2023, which is a decline of 31.7% in terms of deals volume and 32.9% by value compared to the previous month. The corresponding year-on-year (YoY) deal value is more than halved by a massive 62.4%, reveals GlobalData, […]

Business Fundamentals

APAC deal activity down by 50.5% in January 2023, reveals GlobalData

Most of the key APAC markets registered subdued deal activity All the deal types under coverage also witnessed massive double-digit decline Resultantly, APAC deal activity down 44.9% M-o-M and 50.5% Y-o-Y in January 2023 Akin to the global trend, the Asia-Pacific (APAC) region also experienced a slowdown in deal activity in January 2023. A total […]

Business Fundamentals

UK startups raise $925 million VC funding during January 2023, reveals GlobalData

The UK witnessed significant slowdown in venture capital (VC) funding activity during the first month of 2023. A total of 90 VC funding deals were announced in the UK during January 2023 while the disclosed funding value of these deals stood at $925 million, according to GlobalData a leading data and analytics company, This is […]

Business Fundamentals

US startups raise $5.9 billion VC funding during January 2023, reveals GlobalData

Venture capital (VC) funding activity in the US is reeling under the impact of volatile market conditions and subsequently the total value of these deals fell below $10 billion in January 2023. A total of 498 VC funding deals were announced in the US during the month while the disclosed funding value of these deals […]

Business Fundamentals

GlobalData reveals diverse perspectives among Twitter influencers around Meta Verified

Meta Platforms, Inc (Meta), the parent company of Facebook and Instagram, has launched a paid subscription bundle “Meta Verified” starting at $11.99 a month that includes account verification with impersonation protections and access to increased visibility and support. Following the announcement, diverse perspectives among the Twitter influencers around Meta surged dramatically in the third week […]

Business Fundamentals

Global deal activity sees slow start in 2023 as deals volume falls sharply in January, reveals GlobalData

Global deal activity down 27.5% M-o-M and 46.7% Y-o-Y in January 2023 All the deal types under coverage witnessed massive double-digit decline Most of the key global markets registered subdued deal activity Global deal activity is off to a slow start in 2023 as the first month of the year itself saw a significant contraction […]

Business Fundamentals

Travel & Tourism deal activity down by 42% in January 2023, finds GlobalData

Challenging global economic conditions and their implications reflected their impact on the travel and tourism sector’s deal activity in the first month of 2023. A total of 38 deals (comprising merger and acquisition, venture financing and private equity deals) were announced in the sector globally in January 2023, which is a decline of 42.4% in […]

Business Fundamentals

S&P 500 index loses over $4.4 trillion in one year to January 2023, finds GlobalData

The aggregate market cap of the Standard and Poor’s 500 (S&P 500) index companies declined 10.9% from $40.7 trillion to $36.3 trillion between 31 January 2022 and 31 January 2023. Communication services sector registered the most market loss over the period, followed by consumer discretionary* and information technology, according to GlobalData, a leading data and […]

Business Fundamentals

Growth, expansion and late-stage VC funding rounds in APAC down by 22.5% in 2022 while early-stage rounds see marginal growth, finds GlobalData

A total of 6,046 venture capital (VC) deals with disclosed funding rounds were announced in the Asia-Pacific (APAC) region in 2022, which is a decline of 6.8% over 2021. The decline was mainly driven by a massive 22.5% fall in announcement of growth, expansion and late-stage VC funding rounds (Series B onwards). Meanwhile, the number […]

Business Fundamentals

Industries on cusp of major transformation as ChatGPT opens new doors, says GlobalData

Ever since OpenAI has launched Chat Generative Pre-Trained Transformer (GPT), it has emerged as a trending discussion among the companies across the industries. ChatGPT, which can be useful for a variety of applications such as chatbots, virtual assistants, customer service, and content creation, may offer a competitive advantage in industries where language understanding is critical, […]

Business Fundamentals

GlobalData sees companies posting jobs around OpenAI/ChatGPT

Conversational artificial intelligence (AI) is a rapidly growing field, and the demand for skilled professionals with expertise in natural language processing (NLP), machine learning, and related technologies is on the rise. As more companies adopt chatbots and other conversational interfaces to improve their customer service and operational efficiency, the need for talented individuals to develop, […]

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