The Strong Growth of India’s Food Delivery Sector Will Likely Continue

The Indian food market is massive. As of 2019, the organized food market that includes restaurants was worth $22 billion, of which online food delivery only made up about 15%. That shows the huge growth potential of the food delivery sector in the country. In 2020, India’s online food delivery market was valued at approximately […]
How Electric Vehicle Battery Prices Can Fall in the Coming Decade

At the 2016 General Motors shareholders meeting, Mark Reuss — who would become GM’s President in 2019 — told shareholders that the company was paying $145 per kilowatt-hour for the LG Chem cells used in the Bolt EV, which was coming out later that year. Today, those same cells are probably about $130 per kilowatt-hour. […]
What Amazon’s Acquisition of Selz Means for E-commerce

This past January, Amazon quietly acquired the Australia-based e-commerce platform Selz. Founded in 2013, Selz offers a Shopify-like platform that helps small and medium-sized businesses launch their own online stores and add online payment options to existing websites, among other tools. During the pandemic, as online sales boomed, Amazon has seen its third-party marketplace grow […]
Trends in Chinese Luxury E-commerce: Strong Growth in the Digital Era

E-commerce is growing among luxury brands, Due to the impact of COVID-19, the youth-led change in luxury consumption behavior, and the trend of e-commerce livestreaming, a growing number of brands have increased e-commerce investments. As the landscape heats up, how will the brands, luxury e-commerce players, and traditional e-commerce giants operate? How will the luxury […]
Australia Hits the Gas on Online Grocery

Australia hasn’t exactly been a leader in online grocery. The Land Down Under has been growing about five years behind the UK, both in terms of online grocery and fulfillment capabilities. Pre-COVID, online sales were only 4% of total supermarket sales in Australia, compared with 10% in the UK. But since COVID hit, grocers have […]
Growth Beyond China: Mass and Prestige Beauty Are Accelerating Across Asia

You’re probably already aware that the beauty industry is booming in China. Before the pandemic, China saw an average of about 7% growth year over year. These are pre-COVID years. The pandemic has disrupted that growth in 2020, but there are good indicators for the future. While China is certainly leading the way in Asia […]
Streaming Video Likely Permanently Damaged the Cinema Business

Movie theaters are in trouble in both the UK and U.S., with reports that Cineworld, the second-largest cinema chain in the world, is looking into a company voluntary arrangement as an insolvency mechanism that would shutter some of its locations permanently. Meanwhile, the UK entered another lockdown on November 5 that ordered theaters closed. To […]
GLG Convene: Plant-Based Alternatives in APAC

The plant-based market opportunity is growing too fast to be ignored. Long seen as a tipping point for mass adoption, plant-based foods’ recent rapid embrace by fast food chains and F&B conglomerates over the last couple of years has accelerated the range of product innovations in restaurants and store shelves. In this video, you’ll hear […]
With an Uncertain Future, Airline Bankruptcies Are Up in the Air

The airline industry is enduring one of its worst crises, with second quarter results the worst ever and the third quarter not expected to be any better. Bankruptcies are likely on the horizon for some U.S. carriers. To learn more about what that process may look like, GLG spoke with Mark Berman, a former partner […]
Cinemas Are Back, but the Road to Recovery Is Long

Theaters started reopening their doors around the U.S. in the beginning of August, propelled by new Hollywood releases such as Tenet and Unhinged. But business isn’t exactly thriving. Cinemas still have to adhere to strict sanitary rules to prevent the spread of COVID-19, and convincing audiences to come out hasn’t been easy. GLG spoke with […]
Can Walmart+ Repeat the Success of Amazon Prime?

COVID-19 flipped consumer behavior on its head, changing everything from what we buy to how we buy it. In September, Walmart responded to this shift with the launch of a new subscription program. Walmart+, the first major rival to e-commerce subscription service Amazon Prime, gives members exclusive access to unlimited free deliveries, an enhanced in-store […]
A Rough Road Lies Ahead for Corporate Travel

The travel industry has suffered massive losses because of the COVID-19 pandemic. To get a handle on the situation from the point of view of both providers and corporations, GLG spoke with travel industry expert Peter McFadden, former head of strategic partnerships at Expedia Group. Below are a few select excerpts from our October 19, […]