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Grab To Invest $500 Million In Vietnam

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It was recently confirmed by ride-hailing firm, Grab that they were planning on invest $500 million in Vietnam. They are expected to do this, over the span of the next five years. They are doing this with the effort of expanding their services in other South-East Asian countries. According to numerous reports, the company is expected to expand its transport, food and payments network all throughout the country. An official spokesperson from Grab was able to, in a statement to the press, that they will be going ahead with the investment. 

In a statement to the press, the head of Grab’s regional operations, Russell Cohen reportedly said that the latest investment goes on to reflect their re-doubled commitment to Vietnam. They personally believe that due to the country’s rapidly developing phase in different fields, including the economy and the emerging middle class population, ensures that it is ready for digital payments.

One of the first reports that was published online, in relation to this news, was by Reuters. In their report, they stated that there will be major investments seen in Vietnam this year. The President of the company, Ming Maa also provided a special interview in this regard. He said that the team at Grab is extremely excited at the provided opportunity. They expect to see similar characteristics that they have been able to realize during their investments in Indonesia. 

As can be recalled, it was only last month that Grab had made their plans of investing nearly $2 billion in Indonesia, public. They had strategically made the selection of Indonesia, with the hopes of generating as many profits as possible in a region that is so populated. It is through this that they aim towards building the next-generation transport network. Their other objective is to ensure that their investments undergo transformation, with regards to their critical services in the Healthcare division.

The company made the decision of making the additional investment in Vietnam, as the company is hoping to become more competitive. They plan on doing this after their participation in Indonesia, especially with regards to Go-Jek and Vietnam Be, have found to be fruitful. Expert Economist Bui Quang Tin, in a statement, commented that the competition in the market, as far as the ride-hailing applications are concerned, is becoming increasingly fierce. The considerable amount of investment that has been made from the side of Frab, would ultimately also mean that they will be able to offer heavier discounts, even when it comes to considering short-term risks. 

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Market Trends: How This latest Pandemic Will Affect Residential Real Estate Market

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How this Pandemic will affect Global Residential Real Estate market

Effect of COVID-19 on Global Residential Real Estate Market 

The coronavirus pandemic’s consequences are tremors being felt all around the globe, especially by the real estate industry. The real estate market is segmented into four categories- housing, retail, hospitality, and commercial. Most listed real estate companies suffer from a crunch in consumer demand and take massive losses to their businesses. However, it is unclear how the crisis will affect the real estate business in the long term, but one thing stands clear above all other speculations. There will be no significant changes in the market for residential real estate.

Experts anticipate the global Residential Real Estate market grow at a noteworthy rate during the studied period, between 2020 and 2028. In 2020-2021, the market is predicted to be growing at a constant rate. With key players making their moves and prominently choosing their strategy, the market is expected to even further over the projected period.

Highlights:

  • The Global Residential Real Estate Market 2020-2022 is an industry research report that offers a thorough and intensive look into the functioning of the residential real estate market until the year 2028
  • The coronavirus pandemic continues to send tremors that are being felt all around the globe, especially by the real estate industry, with most listed real estate companies are suffering from a crunch in consumer demand and taking massive losses to their businesses
  • Some of the key industry players discussed in this study are New Sobha Limited, DLF Properties, Godrej Properties, World Development Company Limited, Keller Williams Realty, CBRE Group, Inc., 
  • The regions studied in this report are Asia-Pacific, Europe, North and Latin America, and southeast Africa
  • This report also provides in-depth knowledge on supply and demand figures, states export/import expenditure, cost, revenue, price, and total gross margins

Recent research on the global residential real estate industry offers a thorough and intensive look into the residential real estate market’s functioning. The study has been named a “global Residential Real Estate Market research for 2020-2021”, it forecasts the overall operation and growth until the year 2027-2028. This report studies the effect different active and passive factors have on market development and other key markers.

The following report of the global residential real estate market focuses on the industry demand, size, global trend, share, growth, business statistics, top contenders, and business methodology forecasting until 2028

The Global Residential Real Estate market 2020-2021 research provides us with a first survey of the industry, including all its different applications, definitions, industry chain structure, and classifications. The Global Residential Real Estate Market Share analysis is produced, keeping in mind all the variables that affect international markets and their development courses, competitive panorama analysis, and regional critical development status through the projected period of observation. Manufacturing processes, as well as cost structures and development plans and policies, are also analyzed in this survey to help business enthusiasts or owners better understand the nitty-gritty involved with real estate business linked to that particular region exclusively.

Names of some of the key industry players discussed in this study are:

  1. Sobha Properties
  2. New World Development Company Limited
  3. Key One Real estate 
  4. BHomes
  5. DLF Properties
  6. Simon Property Group
  7. Soundcloud promotion
  8. MAX Properties
  9. Colliers International
  10. EPA Real Estate
  11. Jones Lang LaSalle Inc
  12. Weyerhaeuser
  13. Newmark Grubb Knight Frank

The regions studied in this report are:

  1. North and Latin America
  2. Europe
  3. Asia-Pacific America
  4. Middle East Africa

Experts came up with this report to understand that it will help understand the residential real estate market and help businesses choose the best strategies for business expansion. Their strategy analysis section provides readers with much-needed insights from marketing channels and market positioning to potential growth strategies. 

 

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Market Trends: How This latest Pandemic Will Affect Web Hosting Services Market

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How this pandemic will effect global web hosting services market

The global web hosting services market that evaluated $60 billion in 2019 and this industry could grow at a rate of 16% between 2020 to 2028.

Highlights:

  • Global web hosting services market was valued at $56.7 billion in 2019
  • Web hosting services market is expected to grow at a rate of 16% between 2020 to 2028
  • The market report also delves into studying big firms like Google LLC, Amazon Web Services, Alibaba Cloud, etc.

According to the report, web hosting services can be classified into different categories, such as colocation, shared, Virtual Private Server (VPS), and dedicated. Web Hosting Services performs the vital job of allowing businesses and individuals to influence a website on the web and post their business-related and personalized content. A rising number of companies have spread worldwide, making it very difficult to have a lasting impact on a fleeting life under the constant onslaught of information on the internet. This is where web hosting services play their part as they are expected to strengthen market growth over the studied forecast period. Companies publish their websites on the internet, optimizing it to certain keywords to increase their presence and availability online, as well as use the internet for marketing the commodities they sell at an affordable advertising cost, unlike traditional marketing. It also reduces waste that is often a big problem following the traditional marketing rules.

An example of such a web hosting company is GoDaddy Operating Company LLC. 

The global web hosting services market was estimated at around $60 billion in 2019 and is expected to grow even more rapidly in the future.

In revenue terms, the report talks about hows and how much in the following categories:

  1. Deployment: The public segment dominated this market with a share of 44% in 2019. This high share is due to the reasons such as higher returns and low cost on offers of cloud functions.
  2. Type: Shared hosting category dominated this market with a 38% revenue share in 2020. This high percentage was attributed to higher usage by smaller and medium businesses, such as startups.
  3. End-User: The enterprise segment dominated this market with a share of 91% in 2019. This high growing market potential can be credited to the increasing tendency of businesses to expand their marketability via the internet.
  4. Application: The public website segment dominated this part of the web hosting market with a share of 55% in 2019. This high share is since most websites are easily accessible to anyone on the web.
  5. Regional: North America dominated the market with a share of 35.28% in total revenue in 2019 since the US has a very high number of websites popping up on the internet. The percentage was guaranteed with firms like Google LLC, Amazon Web Services, GoDaddy Operating Company, LLC, all big names based in the US.

Europe and Asia is also estimated to grow by 16% between 2020-2028.

The market report also delves into studying big firms like Bluehost, Namecheap hosting, Webhost, Easy WP, Amazon Web Services, 1&1 IONOS Inc., Liquid Web, LLC, GoDaddy Hosting company LLC, Google LLC, Endurance International Group, WPEngine Inc., LLC, Hetzner Online GmbH, Alibaba Cloud, Equinix Inc, etc., and how they used WHS to progress into their business ventures.

The report also covers aspects and segments of from 2017-2028 in the following headlines, like above:

  • Type
  • Deployment
  • Regional
  • Application
  • End-User
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Recovery on a Pause for Labour Market in the U.S. Amid a Resurgence in Covid Cases

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Highlights

  • The unemployment rate fell by nearly 1% point to 10.2%
  • People are returning to low wage jobs at restaurants and retailers in major cities
  • Many companies are having reduced their workforce by nearly 15%

An end to the key relief program

The employment growth in the United States has declined considerably in July encompassing increasing cases of viral infections.

The employment report released on Friday by the Labour department has put another pressure on the White House and Congress to come up with another deal after the $600 weekly unemployment benefit supplement expired last Friday.

Companies are levelling off their labour force

Several companies sustained a complicated period by securing loans from the government. Although companies like Amazon, Amazon Inc., Alphabet Inc, Ford Motor Co., and D.R. Horton Inc, hired a number of employees, a lot of industries are preparing to dismiss a proportion of their workforce. American Airline Group said that 25,000 jobs are at risk when aid expires and the United Airlines Group Inc. said it would lay off one-third of its pilots.

White House economic advisor continued to call the economic recovery ‘V-shaped’. He said that the executive orders by the Trump administration will set up certain priorities which include cutting off the payroll tax and eviction moratorium.

No straight curve close at hand

According to the data released by the Labour Department on Friday, about 1.76 million jobs were added in July by the employers. This is nearly 300,000 more than the economists’ anticipations. nonfarm payrolls rose by 1.763 million jobs last month after a record 4.791 million in June. The overall rates of employment are almost triple that of the pre-crisis level.  

With no vaccine yet in sight, situations are trembling in the States. Millions of people have lost their jobs amid the Coronavirus. Almost 8 million of the total 16.3 million unemployed individuals had been out of work for more than 15 weeks, since the pandemic lead-off.

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