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Mar 21, 2025 | Business Enterprise

With over 670 billion U.S. dollars in revenue, Walmart topped the ranking of the hundred largest companies globally, followed by Amazon. Walmart was also the largest company in the world based on its number of employees, with some 2.1 million all over the world.

Largest corporations based on revenue - additional information

The concept of revenue itself might slightly differ depending on country or even from one company to another. It usually refers to the income resulted from normal business activities, such as the sale of goods and services to customers.

Walmart

The American-based multinational corporation Walmart was founded in 1962 and currently operates over 10,600 stores worldwide, out of which 4,600 are in the United States alone. In 2024, Walmart was ranked the third most valuable retail brand in the world, with a brand value of about 60 billion U.S. dollars.

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Mar 21, 2025 | Currencies

Based on 24 hour trading volume, stablecoin Bitcoin outpaced Ethereum and, more importantly, Tether in December 2024, accounting for most crypto trades. This is unusual as stablecoin Tether often tends to be most traded - due to its use in purchasing other cryptocurrencies. Bitcoin's leading role is underlined in a market cap league table of more than 100 cryptocurrencies — including ones for DeFi, NFT and stablecoins. Bitcoin and Ethereum were the only ones to reach over 100 billion U.S. dollars, with Ethereum following by around one half this amount. Does this mean that Bitcoin gets traded more than Ethereum? Not necessarily, as the daily transactions of Ethereum tend to be significantly higher than that of Bitcoin.

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Mar 19, 2025 | Social Media & User-Generated Content

The number of Tencent's WeChat active accounts has been increasing steadily. As at the end of September 2024, the Chinese multi-functional social media platform had over 1.38 billion monthly active users.

WeChat users 

First released in 2011, WeChat is a mobile messaging app developed by the Chinese company Tencent. In its home market of China, WeChat was marketed as Weixin and was rebranded as WeChat in 2012 for international audiences. In 2018, WeChat and Weixin surpassed one billion users, which was a significant increase from the previous year. Today, WeChat is one of the leading social networks worldwide, ranking sixth in terms of active user numbers. It has users from different age groups. 

Special features on WeChat 

WeChat has lots of popular messaging app features, including Moments. Most WeChat users access WeChat Moments every time they open the app. The app also provides a broad range of services, such as financial management and mobile shopping. Short videos, online payment, and gaming were the most popular activities among WeChat users. A survey found that half of users spent six to 30 minutes per visit on the short video function, WeChat Channels.

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Mar 17, 2025 | Apparel & Shoes

The brand value of Nike has increased year-on-year since 2010 and reached over 45 billion U.S. dollars in 2024. In comparison, the adidas brand was valued at approximately 16 billion U.S. dollars in – this was a decrease compared to the previous year after eight consecutive years of increase.

Will there be a power shift in North America?

With instantly recognizable logos and catchy slogans, Nike and adidas are the two biggest sportswear brands, and Nike is one of the most valuable brands worldwide. Both companies are driving growth in the sportswear market worldwide, but Nike has a particularly firm hold of its home market of North America: the company generates over 40 percent of its total revenue from the region, whereas around a quarter of adidas’ global revenue comes from North America.

The stories behind the logos

Nike has its swoosh; adidas has its three stripes. Those logos have become synonymous with the brands they represent, and consumers will pay a higher price to wear products with the logos emblazoned on them. The Nike swoosh was created by graphic design student Carolyn Davidson in 1971, who was paid a fee of 35 U.S. dollars. The three stripes trademark was bought by adidas from another sportswear company in the early 1950s. The design used to belong to a Finnish brand called Karhu, but they sold the logo for a small fee that included two bottles of whiskey.

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Mar 24, 2025 | Online Retail

In 2024, the Temu shopping app was the most downloaded e-commerce app in the United States on both iOS and Android devices, accumulating a grand total of over 86 million downloads that year. Fast fashion retailer SHEIN's app was the second most popular on mobile devices, with about 23 million downloads on the Apple App Store and over 13 million on the Google Play Store.

M-commerce takes over

Over the past few years, mobile e-commerce has become increasingly popular, as it allows users to access a variety of services at the touch of a screen. This increase in popularity can be seen through mobile retail e-commerce sales, which are forecast to almost double from 2024 to 2027 in the United States. With mobile phones being used the most when it comes to retail website traffic, it should come as no surprise that smartphones were also ultimately the most common device for purchasing online in the United States in 2023.

Marketplace galore

Among the top five most downloaded apps in the U.S., four were marketplaces. While Temu and Shein dominated in app downloads, American-owned Amazon and Walmart were among the most visited e-commerce marketplaces in their headquartered countries. Additionally, when compared directly to Temu, Shein, and AliExpress, Amazon outperformed them when it came to registered users as of March 2023.

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Mar 24, 2025 | American Football

Total attendance at National Football League (NFL) games reached about 18.63 million fans across the regular season in 2024. This represented a slight decrease over the previous year's figure of approximately 18.9 million spectators. 

Attendance at NFL games

Over the last few years the total attendance at regular season games of the National Football League has consistently been at more than 18 million per season. The NFL is composed of 32 teams and each team plays a minimum of eight home games during the regular season for a total of 256 games per season. The average attendance at National Football League games was at around 69,500 in the 2023 season.

Dallas Cowboys drew record crowds

In 2023, the Dallas Cowboys drew the most spectators to their home games with a total attendance of more than 748 thousand. The Cowboys also had the highest average attendance that season with around 93,600 people attending each home game. The average price for a ticket to an NFL game was at 120.94 U.S. dollars in 2023. On average, tickets to Las Vegas Raiders games were the most expensive (168.83 U.S. dollars), while tickets for Arizona Cardinals games were the least expensive, with an average price of 98.54 U.S. dollars.

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Mar 21, 2025 | Mobile Devices

In January and February 2025, the production volume of cellphones in China amounted to over 216 million units. 

Cell phone industry in China – additional information

According to the statistic shown, 1.66 billion cell phones have been produced in China until December 2024. China has been one of the leading cell phone manufacturing countries in the world and may continue to develop steadily in the near future. In addition to its established status as a manufacturing country for mobiles, China’s domestic mobile phone market has become one of the largest cell phone markets in the world.

The number of cell phone subscribers in China had reached about 1.71 billion in July 2023, displaying a growth momentum of a few million subscribers each month, which was hit hard by coronavirus at the beginning of 2020. Meanwhile, the number of fixed telephone lines had decreased to about 176 million in July 2023, marking a significant cutback over the past years. In terms of operating systems, Android and iOS had maintained their tight grip on the market with a mobile phone operating system market share of over 78 percent and 21 percent in China as of July 2023.

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Mar 25, 2025 | Retail & Trade

Avenue Supermarts Limited recorded the highest net profits with nearly 27 billion Indian rupees in 2025. The second leading retail company was Trent Limited, with net profit of over 14 billion Indian rupees during the same year.

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Mar 24, 2025 | M&A & Private Equity

M&A activity in Europe has slowed down in terms of value since 2018. In 2024, M&A deals in Europe totaled 1.35 billion U.S. dollars. In terms of volume the height of European M&A was seen in 2021, when over 23,500 deals took place. The largest ever M&A deal to take place in Europe was the 1999 acquisition of Mannesmann AG by Vodafone AirTouch.

What purpose do mergers and acquisitions serve?

Mergers and acquisitions (M&A) are an important branch of corporate strategy which deal with the combining, buying and selling of companies with the aim of helping to promote the growth of the enterprise in its sector. The combining of two companies can boost financial power, market share and business activity, allowing the newly formed company to further develop and expand within its sector and territory. Acquiring new technologies and taking advantage of distressed or turnaround opportunities were leading motivations for acquisitions among European M&A stakeholders.

Europe on a global scale

Historically, Europe has always accounted for a high share of global M&A transactions. European deals generally account for one third of all deals made globally during the year. The same cannot be said for Europe’s share of the total global deal value. When it comes to total deal value, North America far exceeds any other region.

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Mar 24, 2025 | Mining, Metals & Minerals

BHP Group Limited led the metals and mining companies listed on the Australian Securities Exchange as of March 2025, with a market capitalization of over 200 billion Australian dollars. BHP (formerly known as BHP Billiton) is a British-Australian mining company, with its major headquarters in London and Melbourne. It is one of the leading mining companies in the world. 

Mining company BHP

BHP is a global mining, metals, and petroleum company with operations in Australia, North America, South America, and the U.K. In the fiscal year 2024, BHP’s revenue reached 55.6 billion U.S. dollars. The profit of BHP was reported at over 9.6 billion U.S. dollars in the same year. The company primarily focuses on the extraction of coal, copper, iron ore, and petroleum. BHP's iron ore segment had the highest revenue at over 27 billion U.S. dollars in the fiscal year 2024. 

Mining in Australia 

Mining is one of Australia’s largest industries, and the country plays a crucial role in the trade of mining commodities. The value added by the mining industry in Australia exceeded 350 billion Australian dollars in 2023. Furthermore, the mining industry provides employment opportunities to over 200 thousand people in Australia. Australia’s role in the mining industry is expected to continue to grow, particularly in Asia, due to its vast resources, proximity, and willingness to participate in the global marketplace.

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