Global Trends

Venture Capital in Cannabis Industry Across Europe

August 06. 2021
European investors have shown an increasing willingness to take part in the cannabis industry, pitting their lot against those of U.S. investors in particular. Venture capital firms, in particular, are taking notice and responding accordingly; many have set up special units to focus on studying the marketing opportunities generated by legalization in Europe. The cannabis industry is expected to grow to become a lucrative business with high returns. The rise of the Cannabis Market Since 2017, national governments across Europe have ...

Global HNWI Population Ticks Up Despite Pandemic-Led Recession

July 28. 2021
This year marks the 25th anniversary of the World Wealth Report (WWR), prepared and published by Capgemini. Capgemini has been reporting remarkable wealth increases for much of this period, but no one would have expected the same trend for 2020. Yet, 2020 could go down in history as the year in which the global high-net-worth individual (HNWI) grew by the most considerable margin. According to the 2021 edition of WWR, the HNWI population expanded 6.3%. The wealth expansion rate in APAC is slowing down Because of the growth, there ...

How Significant Is Education in Individuals’ Journey to Billionaire Status?

July 27. 2021
You have probably heard this line before that highly educated individuals tend to earn a better income and generate more wealth. However, a study by the Federal Reserve Bank of St. Louis established that “correlation is not causation.” One of the central arguments of the study is that “a college degree itself does not magically confer all of the benefits that college grads typically enjoy.” Interestingly, this perspective of a college education has been the driver of many fallacies. One of them is: “If you get a college degree, you...

DiDi Global’s Qing Liu’s Billionaire Ambitions Dashed, Is A Trend Emerging?

July 27. 2021
On June 30, 2021, DiDi Global Inc. (NYSE: DIDI) shared exciting news about its intention to list in the US equities market. The company said in a press release that it had sold 317 million American Depositary Shares (ADS) at $14 per share. Interestingly, the initial plan was to issue 288 million ADS. According to the company, the deviation from the planned deal size became necessary after investors oversubscribed its order book. Interestingly, one can easily explain the investor excitement – DiDi is China's largest ride-hailing company. ...

Indian Investment Landscape

Indian Investment Landscape

MarketCurrents welcomed Bharat Bhise of Bravia Capital in New York as well as Nitai Utkarsh of HeroMoto Corp’s family office based out of Delhi. Sumehr Sondhi moderated this panel on The Indian Investment Landscape.

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Will The Global Hotel Industry Survive the Pandemic?

July 14. 2021
The hotel industry has been on a growth trajectory since the world emerged from the Great Recession. During this decade, occupancy rates across all regions worldwide increased. For example, Europe’s occupancy rate in 2019 was 72.2%, about three percentage points ahead of Asia Pacific in second place. However, no hotelier was prepared for the cards that 2020 dealt them. The coronavirus hit hard and fast. Within three months of the first known death, governments worldwide were restricting international travel. Will global recovery bene...

Branson One-Ups Bezos in The Space Race

July 14. 2021
On Sunday, 11 July 2021 above the ground in the scorching New Mexico sun, the VSS Unity blasted off from its mothership. Inside were Sir Richard Branson and his crew, and the mission was to experience weightlessness in space for a few minutes. During the trip, Branson said he aimed to experience the new space age before he begins taking paying customers on space tours. After the trip, he addressed a group of jovial supporters in which he said, “Space is for all humanity.” For Branson, the successful trip is a dream come true O...

Food Delivery Service, The Next Frontier for Technological Disruption

July 07. 2021
More than 12 months have passed since covid-19 started bearing down on us. The pandemic will be remembered for initiating a dramatic shift in how the food industry operates. The food and agricultural industry is critical to human existence. According to Plunkett Research, the industry's share of the world's GDP was 10% in 2018, valued at $8.7 trillion. However, the global food delivery network is poorly developed. As a result, most farmers rely on antiquated delivery systems to reach their crops on consumers' plates. Their problems worsen...