GlobalData

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

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.

4 days ago

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.

4 days ago

Asian food makers expand functional offerings to bakery and savoury snacks

The bakery and cereals market is valued at US$2.4b.

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.

Alternative payment methods maintain growth in Singapore’s e-commerce market

It accounted for 38.6% of the total payments.

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.

Alternative payment to account for 34.1% of Australia’s e-commerce payments

Payment cards will dominate e-commerce payments in 2023.

How GenAI supports retailers communication channels

GenAI can help retailers provide a personalised customer experience.

Malaysian baby food market could be target for plant-based food makers: report

This is due to the increasing population of the country.

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.

Mobile wallets gradually displaces traditional payments in India: report

Payments through mobile wallets are expected to rise by 23.9% annually until 2027.