reuters losing market share
Filed in archive Global Economy 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 Fallen 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)
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. "
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