GlobalData

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See below for the Latest GlobalData News, Analysis, Profit Results, Share Price Information, and Commentary. 

Alternative payment dominates India’s e-commerce market

The method accounts for almost 60% of the country’s e-commerce transactions.

Alternative payment dominates India’s e-commerce market

The method accounts for almost 60% of the country’s e-commerce transactions.

Shein’s market share rise to 2.2% due to high sales in the UK

It is the 14th largest apparel retailer in 2022, with a 1.7% market share.

Wearable tech sector revenue to grow $290b by 2030: GlobalData

The industry is set to expand at a compound annual growth rate (CAGR) of 14.3%.

Payment cards lead e-commerce payments in UAE

Alternative payments are the second most preferred payment method.

China will remain the leading e-commerce market: GlobalData

It will achieve $2.2t of e-commerce market sales by 2030.

Retail sector amongst leading GenAI talent recruiters

Amazon.com has a job posting for Machine Learning Architect.

South Korea’s e-commerce market to exceed $160b in 2027

It is backed by increasing consumer confidence and smartphone penetration.

How APAC’s foodservice sector drives towards sustainability

They turn to local sourcing and minimising food waste, amongst others.

How GenAI supports retailers communication channels

GenAI can help retailers provide a personalised customer experience.

Health and beauty industry in APAC to grow 4.7% annually

This is largely driven by improving macroeconomic conditions amongst others. 

Pride month campaigns should come with ‘active’ LGBTQ+ support

Logo changes are perceived as “shallow” publicity stunt.

Proposed tax hikes could hurt no-alcohol beer in Thailand

A tax hike on no-alcohol beer is being considered to discourage attracting novice drinkers.

Top 25 global retailers post 7.1% revenue growth despite economic woes

GlobalData linked this to the pandemic-driven shift in shopping habits.