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reuters losing market share

Filed in archive Global Economy by tj on April 6, 2004

Seems at least one of my predictions has some value - Reuters is loosing market share (probably to new upstarts?).

"The UK firm said its revenue share of the �6bn ($11bn) global financial information market had Fallenlinks two percentage points to 37% in 2003.

But Reuters said it was confident of regaining business with new products.

The company said it had gained against rival Bloomberg at the premium end of the market - where information screens cost around $1,000 a month. "
(Via Dragos)






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