GlobalData

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

Payment cards lead e-commerce payments in UAE

Alternative payments are the second most preferred payment method.

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. 

Mobile wallets gradually displaces traditional payments in India: report

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

Singapore’s coffee sales to see ‘steady’ growth in next five years

The market is expected to grow by 3.2% CAGR over 2022-2027. 

Alternative payments account for 43.3% of e-commerce purchases in Hong Kong

Over 90% of Hong Kong consumers have shopped online over the past 6 months.

Most consumers in Saudi Arabia use cards to shop online

The e-commerce market is expected to reach $15.7b, GlobalData reported.