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The Global Fermented Beverages market, valued at 860 billion USD in 2024, is projected to reach 1.3 trillion USD by 2032, growing at a CAGR of 6.4%. The market analysis covers major regions including North America, Europe, and Asia-Pacific, with customization options available for specific countries and applications. Key players include Apple, Microsoft, and Nestlé, with insights into market dynamics, competitive landscape, and growth drivers such as lifestyle changes and technological advancements in fermentation.
Emerging-market stocks rebounded, driven by speculation of new stimulus measures from China amid potential US tariffs. The MSCI Emerging Markets Index reversed a 0.4% decline to rise 0.3% by 7:33 a.m. in London, with notable gains from Tencent Holdings, Meituan, and Alibaba Group.
Chinese data center firm Zdata Technologies Co. is reportedly considering an initial public offering in Hong Kong. The company, which serves clients like JD.com, ByteDance, and Tencent, is in early discussions with potential advisers and could be valued at over $5 billion in the listing.
Tencent Holdings Ltd. reported a 47% surge in profit for the September quarter, reaching 53.2 billion yuan ($7.4 billion), exceeding estimates of 45.3 billion yuan. The growth was driven by the successful summer release of Dungeon & Fighter Mobile, while revenue increased by 8% to 167.2 billion yuan, aligning with projections.
Zomato congratulated rival Swiggy on its stock market debut, where shares opened at Rs 420, a 7.69% premium over the IPO price. The event saw Swiggy's IPO oversubscribed 3.59 times, raising Rs 11,327 crore, despite mixed investor sentiment. Notably, Zomato's CEO was excluded from "Shark Tank India" due to Swiggy's sponsorship.
Alibaba Group Holding Ltd., Tencent Holdings Ltd., and JD.com Inc. are set to release their earnings reports as China prepares to unveil a significant fiscal stimulus package aimed at boosting economic growth post-pandemic. These companies are likely to benefit from the measures discussed during the National People’s Congress meeting in Beijing this week.
The quantum computing in healthcare market is projected to grow from $0.06 billion in 2023 to $0.30 billion by 2028, driven by advancements in precision medicine and drug discovery, with a CAGR of 37.1%. North America leads the market, supported by increased investments and technological innovations, including the launch of a dedicated quantum computer for healthcare research by Cleveland Clinic and IBM. Major players include Google, Microsoft, and IBM, focusing on leveraging quantum technology for genomic data analysis and personalized treatment plans.
The new CEO of Prosus, a major technology investment firm, aims to replicate the success of its $34 million investment in Tencent, which yielded a staggering 3,700% return. He emphasizes that the key to creating value lies in a company's people and culture, rather than just its products or investments. With a focus on India and AI, he expresses confidence in identifying future winners while highlighting the importance of adaptability in business.
Emerging-market stocks are on track for their worst month since January, driven by concerns over the US presidential election and letdowns from China's stimulus measures. The MSCI Emerging Markets Index has declined for four consecutive days, with major losses attributed to Samsung Electronics, Alibaba, Tencent, and Meituan. Hong Kong-listed shares have been particularly hard hit, while mainland stocks ended a four-day rally.
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