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  • Thursday, March, 2021| Today's Market | Current Time: 02:32:41

    • Markets

    WeChat Most Popular App in China – A Breakdown Of The Most Popular Apps in China Per Category

    The use of the mobile phone to access the internet has grown tremendously in China over the last decade. The penetration rate of mobile internet users in China was at an all-time high in 2020, making the apps marketplace one of the most competitive in the world. Data presented by TradingPlatforms.com breaks down the leading […]

    Markets

    PayPal Is The Largest Non-bank Lender With Over $54B In Total Assets

    Non-bank lenders have become a popular alternative to traditional banks when it comes to acquiring loans. According to data presented by TradingPlatforms.com, PayPal is the largest non-bank lender in the world with $54.27B in total assets. Non-Bank Lenders Become Popular, PayPal is Largest with $54B in Total Assets Many small businesses around the world rely […]

    Markets

    Desktop PC Sales to Continue Falling, Entire Market to hit $57.5B Value this Year

    After years of steady decline, global PC sales finally saw big growth in 2020. Still, there were significant differences in demand for notebooks and desktop PCs. According to data presented by Finaria.it, global desktop PC sales generated $58.4bn in revenue in 2020 or just 0.8% more than in 2019. However, this figure is expected to […]

    Markets

    Global IT Spending to Jump by $228B and hit $3.92T in 2021

    The COVID-19 crisis forced companies and organizations across the globe to speed up the digitalization of their business, as remote working and distance learning became the new normal amid the ongoing lockdown. The surge in the use of digital solutions and services abated the pandemic’s negative effect on IT spending, which still dropped to just […]

    Markets

    Cryptocurrency theft global value rise 38% with $513 million stolen in 2020

    Data researched by Trading Platforms UK indicates that the value of cryptocurrency hacks and thefts between 2019 and 2020 increased by 38.38% from $370.7 million to $513 million. Over the last five years, the value was highest in 2018 at $950 million, an increase of  257.14% from $266 million in 2017. The analysis further highlights […]

    Markets

    ATMs in the UK Plunged by Almost 6,000 in a Year, Transaction Value Down by 30%YoY

    Even before the pandemic, the United Kingdom witnessed rapid adoption of digital payments as a more convenient way to manage money, especially among tech-savvy consumers. However, the COVID-19 speeded up the digitalization of the entire payments industry, with millions of Britons choosing online payments over cash and ATMs amid the lockdown. According to data presented […]

    Markets

    Shopping Apps Rank 2nd in Popularity After Music Apps, 73% of Millennials Shop Daily

    IMI’s data analyzed by the HelpCenter app team reveals that a sudden, pandemic-inspired shift to digital had a significant impact on consumer behavior, boosting the downloads of shopping apps and making them rank second in popularity after music apps. Daily shopping online has become popular among all generations, but millennials lead the group at 73%.  […]

    Markets

    KFC Owner Yum Brands Reports Digital Sales of $17 Billion in 2020, Up By 45% YoY

    Despite the blow of pandemic restrictions in 2020, Yum Brands’ earnings for the year topped analysts’ estimates. According to the research data analyzed and published by Stock Apps, the company’s Q4 2020 revenue grew by 3% year-over-year (YoY) to $1.74 billion, higher than the expected $1.72 billion. For the full year, digital sales rose by […]

    Markets

    Broad Homes (02163.hk) Well-positioned for Revenue of RMB4.92 Billion in 2021, an Expected Increase of over 80%

    HONG KONG: On February 26, 2020, Broad Homes (02163.HK) released its annual results announcement for 2020. In 2020, it achieved total revenue of RMB2,613.9 billion, a year-on-year decrease of 22.4%, gross profit of RMB926.8 million, a year-on-year decrease of 19.0%, net profit of RMB216.4 million, a year-on-year decrease of 68.0%, and an increase in gross […]

    Markets

    RailTel shares close 29% up amidst market sell-off

    Chennai: RailTel Corporation of India Limited (“RailTel”), one of the largest neutral telecom infrastructure providers in the country, listed on the exchanges at a 11.27% premium over its issue price. The shares of the company on trading closure settled at Rs 121.40 per share on BSE and Rs 120.60 per share on NSE. The shares […]

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