Psychic Ventures Ltd - Latest News [Page 1]

Alibaba Records Only 9% Lower Profit Than Amazon But Trails By 4x In Revenue

Wednesday, 27 May 2020, 7:43 am | Psychic Ventures Ltd

Data gathered by shows that Chinese internet company Alibaba registered 9.3% lower profits compared to United States’ Amazon. The data further shows that there is a significant gap in revenues between the two companies by at least four ... More >>

Total Value Of Commercial Bank Loans In The US Jumped By $1trn Since January

Wednesday, 27 May 2020, 7:37 am | Psychic Ventures Ltd

American debt levels continue rising year after year, with a surge in the number of people using loans to pay anything from home renovation and medical expenses to vacations, scholarship, and credit card debts. However, with thousands of troubled ... More >>

Europe's Banking Population Surpasses 400 Million As Germany, UK Lead

Friday, 22 May 2020, 7:29 am | Psychic Ventures Ltd

Data gathered by shows that Europe’s banking population hit 409.46 million by the end of 2019. From the data, about 77.74% of Europe is now part of the banking population. Germany takes lead in banking population Our data shows that ... More >>

Cryptocurrency Total Market Cap Jumped 80% After COVID-19 Crash

Thursday, 21 May 2020, 6:39 am | Psychic Ventures Ltd

The last few months have witnessed sharp price falls and massive selloffs in the cryptocurrency market, following the deepest economic plunge in decades and the coronavirus uncertainty. In the second week of March, the cryptocurrency industry lost $145bn ... More >>

Almost 70% Of Major Organisations To Increase Cybersecurity Spending Following Coronavirus Outbreak

Thursday, 21 May 2020, 6:37 am | Psychic Ventures Ltd

The coronavirus pandemic has changed almost every aspect of people`s lives, including how they socialize, shop, learn and work. With millions of people forced to spend more time indoors and online, these new circumstances created a huge space for cyber ... More >>

Global Military Spend At A Record High With 68% Growth, As The US Outspends China By 2.8x

Wednesday, 20 May 2020, 7:03 am | Psychic Ventures Ltd

Research by shows that global military spending hit a record high in 2019 at $1.92 trillion. This is a growth of 68/8% from $1.14 trillion recorded in 2001. The United States outspends China Last year's spending represented steady ... More >>

China, India, And The US Could Lose Up To 40 Million Tourism Jobs

Wednesday, 20 May 2020, 6:57 am | Psychic Ventures Ltd

Coronavirus outbreak has had a huge impact on the global travel and tourism industry. To curb the spread of the virus, countries across the globe have imposed lockdown rules, leading to thousands of canceled flights and cruises, closed hotels, museums, ... More >>

Value Of Companies Trading On The London Stock Exchange Dropped By £842bn Amid Coronavirus Outbreak

Tuesday, 19 May 2020, 7:18 am | Psychic Ventures Ltd

The coronavirus pandemic has hit the global stock market hard, wiping off billions in stock values amid extreme volatility and massive sell-offs. Historic losses in the first three months of the year have turned into the worst quarter since 1987, ... More >>

Top 3 US Web Conferencing Apps Hit Over 70% Market Share

Wednesday, 13 May 2020, 6:52 am | Psychic Ventures Ltd

The coronavirus outbreak has had an enormous impact on world business, changing the way companies communicate internally or with clients. With lockdown rules in place and millions of employees staying at home, firms have had to replace face-to-face ... More >>

Digital Payments To Jump 45% And Hit $6.7trn Value By 2023

Wednesday, 13 May 2020, 6:45 am | Psychic Ventures Ltd

Coronavirus has caused a significant impact on the way consumers shop and make payments. With social distancing rules in place, many of them have embraced contactless payments and digital wallets as a safer way to manage their money. According to data gathered ... More >>

Global Video Games Sales Jumped 63% In March

Wednesday, 13 May 2020, 6:40 am | Psychic Ventures Ltd

The coronavirus outbreak hit the entertainment industry hard, causing enormous losses for the companies operating in this branch. However, as millions of people started spending more time indoors and online, the last few months have witnessed a surge ... More >>

TikTok Records All-Time High Downloads Of 200m In Q1, 2020 Led By India, Brazil

Tuesday, 5 May 2020, 6:43 am | Psychic Ventures Ltd

Data gathered by indicates that during the first quarter of 2020, popular video sharing platform TikTok had 200 million downloads, an all-time high record under three months. According to the data, this figure represents a growth ... More >>

Amazon Had 4bn Visitors In March, More Than EBay, Apple, Walmart, Rakuten Combined

Thursday, 30 April 2020, 7:23 am | Psychic Ventures Ltd

Data gathered by indicates that online retail giant Amazon had 4.06 billion unique visitors in March. According to the data, this figure was more compared to combined visitors for the other five leading online stores. Amazon dominates the ... More >>

One Third Of European Banks Closed Since 2008

Wednesday, 29 April 2020, 7:09 am | Psychic Ventures Ltd

The European banking sector has been affected by a declining trend over the last decade, with a noticeable fall in the number of banks, credit institutions, and the number of people working for them. According to data gathered by , the ... More >>

Online Gaming Traffic In The US Jumped 75% Amid Coronavirus Outbreak

Wednesday, 29 April 2020, 6:52 am | Psychic Ventures Ltd

With coronavirus lockdown rules in place and millions of Americans advised to stay at home, online engagement in the United States has increased dramatically in March. One of the most common at-home media activities in the United States last month was ... More >>

European Football Leagues To Lose €4.1bn Amid Coronavirus Pandemic

Thursday, 23 April 2020, 6:49 am | Psychic Ventures Ltd

The coronavirus lockdown has already left a huge impact on the sports industry, causing thousands of sports games, competitions and professional leagues to be cancelled or postponed. European football is no exception, with cancelled matches, empty stadiums ... More >>

Top 5 US App Store Games Hit $9.7 Million Daily Revenue In April

Wednesday, 22 April 2020, 7:00 am | Psychic Ventures Ltd

As one of the fastest-growing industries in the world, mobile games continue generating impressive profit for the most successful game developers. According to data gathered by GoldenCasinoNews , the five leading iOS gaming apps in the United States hit $9.7 ... More >>

Three Largest European Digital Banks Hit $1.9bn In Overall Fundraising

Thursday, 16 April 2020, 6:35 am | Psychic Ventures Ltd

Recent years have witnessed an incredible growth of digital banks, with millions of customers turning their backs on traditional high-street financial institutions. These apps or web-based banks changed the way people handle and manage their money ... More >>

European Retail Sales Industry Set To Lose $4bn Over Coronavirus Outbreak

Thursday, 16 April 2020, 6:34 am | Psychic Ventures Ltd

Thousands of stores, supermarkets and shopping malls have closed since March and millions of people have been forced to stay-at-home amid coronavirus lockdowns. This has led the European retail sales industry to suffer its biggest fall in years. Some ... More >>

Worldwide Interest In Netflix Grows By 142% Amid Coronavirus Pandemic

Thursday, 9 April 2020, 7:26 am | Psychic Ventures Ltd

Data gathered by indicates that global interest in streaming platform Netflix has risen by 142% over the last one year. According to the data a significant number of people were interested in the platform from the first week of March 2020. ... More >>