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2016 IPO Prospects: Snap Snaps out of Chat Business to Justify Valuation

Posted on Friday, Sep 30th 2016

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An eMarketer report on the global mobile phone messaging market expects the global user base for over-the-top messaging services to grow from 1.4 billion in 2015 to 2.19 billion by the year 2019. Another report by GlobalWebIndex reveals that Facebook Messenger is the most widely used mobile app followed by Facebook-owned WhatsApp. Together, the two account for 70% of the user base globally. While Snap, formerly known as Snapchat, accounts for a modest 7% of global internet users, more than 40% of teenagers in mature markets like UK and US use it. >>>

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Zynga Launches Much Awaited CSR2, but Market Outlook Remains Weak

Posted on Thursday, Sep 29th 2016

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According to market reports, the mobile gaming industry was worth $34 billion in 2015. Within games, it is among the fastest growing segment. But despite the growth, gaming companies like Zynga are finding it difficult to deliver stellar results.

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Billion Dollar Unicorns: Grab from Singapore is the Next Big One

Posted on Wednesday, Sep 28th 2016

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There aren’t too many Billion Dollar Unicorn stories from South East Asia. But here is an interesting story of Grab, earlier known as GrabTaxi, that has successfully delivered an Uber-like offering in the region and now commands a multi-billion dollar valuation.

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Billion Dollar Unicorns: Line Delivers a Successful IPO

Posted on Tuesday, Sep 27th 2016

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According to eMarketer, over-the-top (OTT) mobile messaging services were used by more than 1.4 billion consumers in 2015, recording a 32% growth over the year. Total users are expected to grow to 2.19 billion by the year 2019 and will account for 68% of mobile phone Internet users. Two years ago, Japan’s mobile messaging service Line had abandoned plans to list. But early this year, the company finally took the plunge.

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The 5-Horse Race in Tech

Posted on Monday, Sep 26th 2016

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Tech has become a 5-horse race: Google, Apple, Facebook, Amazon, and Microsoft being the five horses fighting for dominance of Techdom. Google dominates Search and Mobile; Apple dominates mobile; Amazon dominates Commerce and Cloud; Facebook dominates Social; and Microsoft, despite its size, dominates nothing. >>>

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From Unicorn to Unicorpse: Ad-Supported Media Businesses Are Not Viable Anymore

Posted on Friday, Sep 23rd 2016

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Since being founded in 2003, Mode Media, formerly known as Glam Media, had been trying to run a content-based business model that could be scaled while being profitable and relevant. After thirteen years of trying, the company finally gave up this month and abruptly shut down shop. The incident is yet another datapoint in the broader phenomenon driving the media industry: ad-supported businesses simply don’t work unless you are Facebook or Google.

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Adobe Creative Cloud Continues to Grow

Posted on Thursday, Sep 22nd 2016

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According to analysts, the global digital media and the total addressable market for the Adobe Creative Cloud system is projected to grow to around $21 billion to $48 billion by 2018. Adobe (Nasdaq: ADBE) continues to expand its offerings within the segment and is thus delivering strong financial results each quarter. It recently announced its third quarter results, and this was the tenth successive quarter where it reported revenue growth.

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2016 IPO Prospects: Apptio Files Despite Reduced Valuation and Mounting Losses

Posted on Wednesday, Sep 21st 2016

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A recent report by MarketsandMarkets on the global cloud-based IT Service Management (ITSM) market projects the industry to grow 15% annually over the next five years to be worth $8.78 billion in 2021 from $4.41 billion in 2016. It is dominated by big vendors including IBM, CA Technologies, BMC Software, Microsoft, and HP. But, Bellevue, Washington-based Apptio is part of the small vendors that are making their presence felt in the industry. And now, the company is ready to go public.

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