APN News

  • Sunday, September, 2021| Today's Market | Current Time: 03:07:49
  • Tripadvisor Suffered a 61% YoY Decrease in Revenue in 2020 – Almost A Billion Dollar Drop

    The travel and tourism industry was one of the hardest-hit industries by the COVID-19 pandemic and the world’s most visited travel and tourism website was not spared. TripAdvisor had one of its worst years and experienced a historic drop in revenue. According to data presented by TradingPlatforms.com, TripAdvisor experienced a 61% YoY decrease in revenue […]

    Robinhood’s Revenue Increased By 514% YoY- $682M In 2020

    The FinTech industry is one of the fastest-growing industries despite the effects of COVID-19 slowing down its momentum. One of the more recent successes to come out of the FinTech industry is Robinhood Markets, Inc. or simply known as Robinhood. The company was founded in 2013 and officially launched its mobile-app that allowed investors to […]

    Global Tablet Sales to Plunge by $2.4B in 2021

    Global demand for tablets surged in 2020, as COVID-19 lockdown measures forced people worldwide to switch to working and educating at home. Despite that, the entire market generated $39.9bn in revenue last year, slightly above the 2019 levels. According to data presented by AksjeBloggen.com, the year 2021 is expected to witness a downsizing trend in […]

    Revenues of Europe’s Top Five Football Clubs Plunged by €670M Amid Pandemic, FC Barcelona Leads with a €275M Loss

    The coronavirus lockdown has had a massive impact on the entire football industry. Despite broadcasters, club owners, and sponsors’ efforts to minimize the losses caused by postponed matches and empty stadiums, the COVID-19 lockdown still produced a costly financial hit. According to data gathered by SafeBettingSites.com, the combined revenues of FC Barcelona, Real Madrid, FC […]

    Global Consumer Healthcare Spending to Jump by 25% and hit $6.3T by 2025

    Although the COVID-19 caused a global health end economic crisis, global healthcare spending still plunged significantly in 2020. Last year, consumers worldwide spent $4.73trn on healthcare, $130bn less than in 2019. According to data presented by Finaria.it, global consumer healthcare spending is expected to jump by $330bn and hit $5.06trn in 2021. The increasing trend […]

    Cannabis Sector Highest Growing Industry In Canada – 50% GDP Growth In 2020

    Cannabis has become more accepted in more recent times around the world, making it a tremendous growth opportunity for investors. Canada was one of the first countries to show an open mind with cannabis, where medical cannabis has been legal since 2001. Since then, Canada has legalised recreational cannabis and is reaping the benefits of […]

    China’s Mainland-Listed Banks Poised for 4.5% Profit Rise in 2021 Following 1.8% Decline in 2020

    Chinese banks expect to initiate a recovery in 2021 following their first decline in a decade in 2020. According to the research data analyzed and published by ComprarAcciones.com, profits in the country’s banking sector as a whole fell by 1.8% last year based on preliminary statistics. It is estimated to increase by 4.5% in 2021, […]

    World’s Top Three Cruise Lines Accumulate Over $60 Billion in Debt

    The year 2020 was unforgiving for cruise lines but 2021 seems to have started off on a slightly higher note. For the top three industry players, surviving the year took its toll resulting in a high level of cash burn and massive debt burdens. According to the research data analyzed and published by ComprarAcciones.com, the […]

    Only three countries account for 31% of all gold mined in 2020

    Data analyzed by Finbold indicates that China accounted for the highest 2020 gold production at 380 metric tons. The amount represents 11.9% of the 3,200 total gold production in 2020. Australia’s production was 320 metric tons, representing 10% of the global share, while Russia ranks third at 9.4% or 300 metric tons. The three countries […]

    Beijing’s Tourism Revenue Dropped by 53% in 2020 – Loss of Over ¥330B

    The tourism industry was badly hit by the COVID-19 pandemic and the city of Beijing saw the momentum of the industry halted in 2020. Beijing had become an increasingly popular tourist destination prior to the pandemic with revenue from inbound tourism recorded at $5.16B in 2019. According to data presented by TradingPlatforms.com, Beijing’s total revenue […]