About Author : Pankaj Singh

Pankaj Singh

Pankaj Singh Develops content for Market Size Forecasters, Algosonline, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With experience in technical and niche writing, he was encouraged to opt for a career in content writing and now pens down articles pertaining to market research, industry news and business trends.



Contribution by Pankaj Singh

Online retailer zulily signs up for cloud computing services of Amazon

Online flash-sale retailer zulily has announced the shift of a bulk of its software to the cloud-computing infrastructure of Amazon Web Services. The move has been an unexpected one in the retail industry as zulily, which sells items ranging from per...

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Ikea promises to dispose of single-use plastic products by 2020

Amid growing concerns of the impact that plastic has on the environment, Swedish furniture company Ikea announced the decision to phase out all single-use plastic products from outlets and restaurants by the year 2020. The move emphasizes the awarene...

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Coca-Cola builds plant in Canada, goes international with Fairlife

Renowned beverage brand Coca-Cola Co. recently confirmed its plans to introduce its brand Fairlife milk in Canada, aiming to take it beyond national borders. The company announced that it will invest in a USD 66 million (CAD 85 million) plant in Pete...

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Walmart to divest part of its Brazil business to Advent International

As part of the process to dispose of slow growing international operations, Walmart announced that it will sell 80% of its business in Brazil to Advent International while retaining a 20% stake. Walmart wants to focus on more promising areas and is w...

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Tyson Foods buys Tecumseh Farms to expand organic meat production

The largest meatpacker in the United States, Tyson Foods, announced on Monday that it has purchased Tecumseh Farms, the company providing quality air-chilled chicken under the brand Smart Chicken. The company believes this endeavor will give them a s...

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HCA & CHS close major deals, bolster M&A trends in healthcare industry

HCA Healthcare, one of the leaders of hospital networks in Texas, reportedly stated that the executives of the business have opened a dialogue with the North Cypress Medical Center in Houston. Through this deal, which will possibly be completed by th...

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HelloFresh to sell meal-kits in supermarket chains and grocery stores

HelloFresh, the second largest provider of easy-to-make meal-kits in the United States has reportedly announced its decision to commence the sale of its products in grocery stores and supermarkets. Sources state that it will enter the brick and morta...

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Amazon confirms decision to block Australian customers from US website

Retail giant Amazon has reportedly announced that Australian consumers will no longer be able to access its U.S. website from July 1, 2018. The decision has come on the same day when the imposition of the new GST laws by the Australian government is ...

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Singapore issues invitation to China to test its AI solutions

During the very first Sino-Singapore Artificial Intelligence Forum, Singapore Finance Minister, Heng Swee Keat, invited China to help Singapore test artificial intelligence solutions that will tackle everyday problems faced by sectors like banking an...

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Wanda and Tencent come together to launch smart shopping centers

The leading Chinese operator and owner of shopping centers, Wanda Commercial Management Group, has reportedly collaborated with Tencent Holdings. With this move, Wanda plausibly aims to emerge as a smart retailer across the online retail channels as ...

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eBay disrupts Australia online retail space with free delivery program

eBay, the multinational e-commerce corporation, announced a new membership delivery service to galvanize the online retail scenario of Australia. eBay will soon be launching the offer called eBay Plus to Australian internet shoppers to avail unlimite...

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Alibaba to inject online pharmacy business into listed healthcare unit

Alibaba Group Holding Ltd, the Chinese e-commerce giant will be injecting some of its online pharmacy business to Alibaba Health Information Technology for HK$10.6 billion ($1.35 billion). Alibaba Group will be selling Ali JK Nutritional Products Hol...

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Ride-hailing service Go-Jek plans to commence operations in Singapore

Go-Jek, the Indonesian ride-hailing service, recently reported that it would be expanding its services into four markets in South-East Asia and will include Singapore in its expansion plan. The expansion is a part of a growth plan that apparently cos...

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Kroger acquires Home Chef, redefines consumer shopping patterns

Kroger Co. is undertaking a deal to acquire Home Chef, a meal kit company for an upfront value of $200 million. The deal, which is expected to close in a month, also includes a clause to make payments of another $500 million over the next 5 years if ...

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New Zealand supermarket eliminates annual use of 1 mn plastic bags

Supermarket FreshChoice Nelson will reportedly stop the use of plastic bags at its checkout counter and replace them with paper and reusable bags. The supermarket in Nelson will become the first in the country to undertake such a drastic action for l...

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Canadian Tire Corporation to purchase Helly Hansen for $985 million

Canadian Tire Corporation Limited has reportedly announced that it has entered into an agreement to buy Helly Hansen – a leading workwear and sportswear producer based in Oslo, Norway. Through Mark's and FGL, Canadian Tire Corporation has ...

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Carrefour Brasil inaugurates click-and-collect service in Sao Paulo

Carrefour Brasil, the largest food retailer of the country, will reportedly launch an innovative click-and-collect style service in Sao Paulo. Incidentally, the business model already accounts for about 8% to 10% of food sales in France. In an offici...

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Genentech-Lodo sign agreement for soil-based drug discovery

Genentech, a Roche subsidiary, has reportedly signed a deal with Lodo Therapeutics for around $1 billion to employ the genome mining technology of Lodo for a new drug discovery. The deal seems to be a first for Lodo which has a backing of $17 million...

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BP Plc may plan to acquire some of BHP’s energy assets in the U.S.

BP Plc, a British multinational oil and gas company, has reportedly been weighing a decision to acquire assets from BHP Billiton Ltd, the Australia based mining company, in an effort to expand its onshore U.S. shale assets. According to reliable sou...

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Edeka & Nestle reach agreement to settle long-standing retail dispute

Germany’s largest supermarket chain, Edeka and the renowned Swiss foodstuff producer, Nestle, have reportedly reached an agreement to settle the much-publicized retail dispute the two were entangled in. No details were provided about the conten...

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GP Strategies buys out IC Axon to deliver training to pharma customers

GP Strategies Corporation, the international performance improvement solutions provider, has scarcely declared that it has purchased IC Axon, a leader in developing science-oriented training for life science and pharmaceutical companies. The acquisit...

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Internet services giant Baidu to divest financial services business

Baidu Inc., one of the leaders in the China market for internet services and products, has announced that it has entered into a deal to divest its financial services business. The investor consortium would be led by TPG and the Carlyle Group. Other p...

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Walmart to stem market share loss via local partnerships in India & UK

Renowned retailer Walmart Inc., in an effort to curtail the loss of shares to rivals across the globe, plans to strike partnership deals with local operators in the UK and India. Walmart’s international moves over the years have proved to be la...

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UK supermarkets launch voluntary pledge to cut plastic packaging waste

Renowned supermarkets and food businesses based in the UK have seemingly initiated a voluntary pledge to curb plastic packaging wastes. The move, as per sources, may have plausibly come in the wake of the plastic waste crisis faced across myriad geog...

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Subway to shut down 500 U.S. stores & set up over 1000 stores abroad

Subway, one of the largest restaurant chains in the world is planning to close around 500 outlets in the United States. According to Subway CEO Suzanne Greco, the international chain is aiming to increase its overseas presence and is planning to open...

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Barclays inks deal with PayPal to aid customers manage accounts easily

Barclays, the British multinational bank and PayPal, the American digital wallet service announced that they have joined forces in a strategic partnership to enable customers manage and use their accounts together. In a press release, the two compan...

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DBS to launch cross border transaction tracker in HK and Singapore

DBS will be launching a real-time payment tracking service that will benefit 200,000 of its corporate and small to medium enterprise clients located in Hong Kong and Singapore. According to reliable sources, the service will be powered by SWIFT Glob...

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Facebook change of data privacy terms to affect 1.5 billion users

Facebook, the social media platform that has come under severe scrutiny due to the allegation of leaking personal data of 87 million users, declared that it will be soon changing its terms of service. This change in data privacy terms apparently mean...

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J&J buys Bristol-Myers Squibb’s Factor XIa inhibitor program

The pharmaceutical giant Johnson & Johnson has reportedly entered into a collaboration with Bristol-Myers Squibb for the development and commercialization of Factor XIa inhibitors. The deal also provides a major stake to J&J in the developmen...

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Costa Coffee pledges to recycle up to 500 million cups a year by 2020

Costa Coffee, the largest coffee chain in UK, has committed to recycle an equivalent volume of takeaway cups bought by customers. According to Costa Coffee, hundreds of millions of recyclable takeaway cups needlessly end up in landfills each year. Th...

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Walmart inches closer to purchasing a major stake in Flipkart

Globally acclaimed tech giant Amazon is reportedly looking forward to winning over Walmart’s bid to take over Flipkart, the leading Indian e-commerce company, Flipkart. Sources state that Flipkart Online Services however, may be inclined toward...

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Howard county considers Elkridge to setup drug treatment center

Howard county, a region that made it to the headlines due to its soaring numbers of opioid related fatalities, is expected to witness the construction of its first residential drug treatment center in Elkridge. Reportedly, the possible site is adjace...

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CBA to pay $3 million penalty over charging unjustified advice fees

Australian multinational bank, CBA has finally decided to pay $3 million in the form of penalty after the Australian Securities and Investments Commission found two financial planning arms of the bank charged millions of dollars from customers for th...

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Sony forms alliance to introduce AI based cab hailing service in Japan

Sony apparently plans to broaden its technology and business profile through the development of a Japanese taxi hailing system using artificial intelligence and algorithms to predict demand. In effect, Sony seems to be on the verge of competing with ...

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National Grid to install 350kW electric vehicle charging network in UK

National Grid PLC, the British utility company, responsible for running the electric grid of the nation, has apparently proposed the installation of a network of 50 strategically located EV charging points across England and Wales. The tactical posit...

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Ravensdown opens $30 million precision blending plant in New Plymouth

Ravensdown Ltd., one of the pivotal manufacturers and suppliers of fertilizers to the New Zealand agricultural sector, has scarcely made an announcement with regards to a major capital project. Sources state that the company will be setting up a new ...

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Samsung & Grab team up to boost Southeast Asia digital economy

Tech giant Samsung Electronics and the largest ride-hailing service of Southeast Asia, Grab, have reportedly signed a memorandum of understanding facilitating a strategic collaboration between the two companies. Sources claim that through this deal, ...

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EU orders Luxembourg to recoup USD 294 million from Amazon in back taxes

The European Union (EU) has ordered the world’s renowned e-commerce giant, Amazon, Inc., to pay back unpaid taxes amounting to USD 294 million (approximately EUR 250 million) to Luxembourg, that the company has apparently exhorted from the regi...

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Ford inks partnership with Mahindra & Mahindra to ramp up its position in India automotive industry

The American multinational carmaker, Ford Motor Company, has recently signed an agreement with Mahindra & Mahindra in a bid to use the latter’s operational skills to innovate advanced technologies in the ever-growing automotive market. Ford...

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Dubai to host the testing module of the world’s first driverless flying taxi

In a bid to lucratively enhance the transportation system in the city, Dubai has successfully commenced the testing of its first drone taxi service. Reportedly, this aerial taxi will transport passengers across the city without the assistance of pilo...

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Daimler invests USD 1 billion in U.S. auto plant to build first electric SUV

The reputed German automaker, Daimler has announced the expansion of its manufacturing plant in the U.S., with an aim to consolidate its position in the electric vehicle market. The company plans to commence the production of a fully electric SUV at ...

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Waymo inks a pivotal deal with Intel to develop an in-house self-driving computer design

The reputed American multinational corporation and technology company, Intel, has recently signed an agreement with Waymo, with regards to the latter’s decision of going in-house to develop the core technology for its self-driving system. For t...

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Bayer receives approval from the FDA to sell its cancer drug Copanlisib in the U.S.

The renowned German pharmaceutical, chemical, and life sciences company, Bayer has scarcely received regulatory approval from the U.S. Food and Drug Administration (FDA) to sell its cancer drug to treat lymphoma. It is prudent to mention that FDA&rsq...

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Anheuser-Busch inks PPA agreement with Enel Green Power to be a part of the global renewable energy goal

Renowned U.S. based beer giant Anheuser-Busch has signed a contract to purchase power produced at an Oklahoma wind farm, as a strategic part of its future goal to become 100% dependent on renewable energy sources for electricity. The Oklahoma based w...

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IT service behemoth UST Global to make a substantial investment in Singapore’s MyDoc

UST Global, the renowned American multinational provider of digital technology, IT services and solutions, has lately been eyeing the healthcare market prospects across the Asia Pacific and Europe regions with an aim to provide advanced digital healt...

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DowDuPont announces the realignment of its post-merger plan

DowDuPont, the joint venture between chemical giants Dow Chemical Company and DuPont, has changed its post breakup plan pertaining to the opposition from a select number of shareholders to bring about changes in the corporate strategies. For the reco...

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China implores Denmark on wind farm development, aims to leverage its position in offshore wind industry

The renewable energy bandwagon is replete with the news of China tapping Denmark for the development of an offshore wind farm in its home ground, in a bid to control GHG emissions and consolidate its position in the sustainability landscape. China&rs...

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Hyundai Motor’s production in China comes to a standstill on account of product supply disruption

Reputed South Korean automaker Hyundai Motor has been facing a stumbling block – the production in one of its Chinese factories has been halted due to supply disruptions. The company’s officials have announced the shutdown of this product...

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ESB to execute an offshore wind power plant in Ireland worth close to a billion Euros

The latest news in the renewable energy cosmos is that of ESB aiming to profoundly penetrate the offshore wind industry. Taking into account the several energy and environmental benefits of renewables, the Irish Government has planned to develop a wi...

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Jazz Pharmaceuticals signs a deal with Immunogen to develop and commercialize ADCs

Ireland-based biopharmaceutical company Jazz Pharmaceuticals is planning to team up with ImmunoGen Inc., one of the many pharma giants reputed for the development of antibody-drug conjugate therapeutics. Jazz is planning to invest USD 175 million in ...

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Renault-Nissan to penetrate Chinese electric car market, ties up with automaker Dongfeng

With regard to the favorable initiations taken by Beijing government to improve air quality, Renault-Nissan has signed an agreement with the Chinese automaker Dongfeng to develop electric vehicles. With this joint venture, Renault-Nissan Alliance ha...

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Maersk settles energy deal with Total to divest its oil unit for USD 7.5 billion

Globally acclaimed Danish conglomerate, Maersk, has been planning to sell its energy business to the French integrated oil and gas company, Total SA. Through this deal, Maersk will receive approximately USD 7.5 billion for the entire sale from Total....

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The UK Government aims to ban new petrol and diesel cars to regulate the pollution levels in the country

The UK government has been planning to introduce a ban on the usage of diesel and petrol based vehicles with an aim to reduce the air pollution levels in UK and improve the air quality, which has reportedly been taking a turn for the worse due to the...

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The U.S. government’s Oil and Gas Leasing Program ushers in high bids worth more than USD 121 million

Major behemoths operating in the oil and gas market have purchased oil blocks in the U.S. waters in the Gulf of Mexico that has generated approximately USD 121.14 million in high bids. The sale received bids for 90 tracts, which approximately covers ...

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China government declares cyber-crime investigation: Sina Weibo, Baidu, and Tencent under scrutiny for breaking cyber laws

The government of China has declared an investigation involving three top-notch Chinese media giants - Sina Weibo, Baidu, and Tencent under the cyber security legislation. These three companies have reportedly violated the cybersecurity laws and have...

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GM plans to introduce Maven Gig, its app-based car rental program in Los Angeles

Renowned American automaker, General Motors, is on the verge of expanding the scope of its rental car business, not only for passenger services, but also for delivering food across LA and other cosmopolitan cities. Apart from the U.S., GM has commenc...

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European Investment Bank (EIB) plans to terminate Volkswagen from research funding citing the infamous Dieselgate scandal

The European Investment Bank (EIB) has apparently decided to cut off Volkswagen from any type of funding for research activities owing to the alleged emissions cheating scandal. This move is likely to prove disastrous for Volkswagen, considering its ...

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Tesla almost in agreement with regards to opening its first manufacturing unit in China

Reputed American automaker and energy storage company Tesla is on the verge of a major accomplishment, with its forthcoming business expansion in the China market. As per authentic snippets from the auto industry universe, China is the largest automo...

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Tata Communication and Alibaba join hands to transform the business landscape of global enterprises

Tata Communications has inked a deal with Alibaba Cloud, the cloud computing arm of Alibaba Group- founded in 1999 when Jack Ma launched the website Alibaba.com. This strategic partnership between the two companies has enabled 150 countries including...

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Amazon to establish warehouse in Australia to commence business operations, retail behemoth likely to face tough challenges on the Aussie turf

Renowned American e-commerce and retail giant, Amazon Inc., is looking forward to purchasing a high-end warehouse in Australia to expand its operations in the region. According to reliable reports, however, the company is likely to face unconventiona...

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Commendable surge recorded in the cybersecurity shares post the WannaCry Ransomware Cyber-Attack: FireEye and Symantec Corp encountered a decent stock hike

Global cyber security industry shares are witnessing a rapid surge in response to the recent wave of “WannaCry Ransomware” cyber-attack, which has smashed more than 200,000 computers in 150 countries. The attackers have reportedly demande...

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ChemChina-Syngenta acquisition treading on eggshells as NFU beckons FTC to resist the deal

The National Farmers Union (NFU) has called upon the Federal Trade Commission (FTC) to oppose the recently proposed acquisition of Syngenta by ChemChina. ChemChina (China National Chemical Corporations), the Chinese state-owned chemical company spec...

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Uber aims to launch flying automobiles by 2020, Dallas and Dubai await trial runs

Uber’s recent announcement of introducing flying cars by the end of 2020 has made sensational headlines all over the globe. The 8-year old transportation network giant has revealed its ambitious plans of launching taxis that resemble small elec...

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Netflix’s global subscribers to cross the much-awaited 100 million mark

Netflix, the famous American entertainment firm, is on the brink of surpassing a global subscriber count of 100 million very soon. Reports cite that the prediction was made after the company’s earnings from the first quarter of 2017 were releas...

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Flipkart takes over eBay India, Amazon to face critical competition on the Indian turf

In a bid to outshine the world’s most popular online retail giant, Amazon, Flipkart has officially acquired eBay’s India operations as of March 2017. India’s largest online retailer has also brought Tencent and Microsoft on board to...

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Massive growth spectrum ahead for 3D technology market, 3D printers to accumulate a major chunk of the industry stake

3D technology market has always been, and will continue to be an attractive sector for tech giants to invest in. With a rush of top notch companies involved in this competitive business space, 3D technology industry size is projected to record a lucr...

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Hybrid cloud services to revolutionize enterprise storage market, security companies to profit from rising data threats

The global cloud space is rapidly expanding its horizons, owing to which cloud-based enterprise storage market is on a definite upswing. Cloud services have literally reached the pinnacle, with every business and enterprise demanding a share of the c...

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