The rapid rise of ride-sharing platforms such as Lyft and Uber around the globe is touted to disrupt the transportation industry (Tier 1 cities have already seen the shift).
According to KraneShares, the “passenger economy” is forecasted to contribute $8 trillion to the global economy by 2050. As more and more people start using ride-sharing platforms, a ripple effect on other factors like car ownership, people mobility, the insurance industry, navigation services and so on, is not far away.
Benchmark stock indexes pared their recent gains early this week amid elevated inflation concerns, but regained a part of the momentum later aided by recovery in tech stocks. The Dow
Shares of Alibaba Group (NYSE: BABA) have dropped 10% since the beginning of the year. The company reported mixed results for the fourth quarter of 2021 a day ago, with
With some of its parks and resorts either closed or operating at reduced capacity even more than a year after the virus outbreak, The Walt Disney Company (NYSE: DIS) is