Tencent Reports Record Profit

According to The New York Times, there are over 770 million internet users in China. Chinese Internet giant recently reported a record quarterly profit that beat analyst expectations driven by double-digit growth in its messaging platform WeChat and mobile gaming.

Billion Dollar Unicorns: Pinterest Revenues Jump 58%

Recent reports suggest image-based searching and sharing site Pinterest saw a 58% jump in its annual revenue. However, it has missed its earlier estimates.  

Billion Dollar Unicorns: Adyen Ready for an IPO

According to data platform PitchBook, there are nearly 30 private FinTech startups that are valued at or above $1 billion. One of them is Billion Dollar Unicorn Adyen that is expected to go public soon.

How does the Flipkart-Walmart Deal Impact Indian E-Commerce Startups?

The Indian online marketplace is marked by a keenly contested battle between Flipkart and Amazon. According to RedSeer, Flipkart, including its online fashion acquisitions Myntra and Jabong, had a 46% share in 2018. Amazon which entered the Indian market in 2013 had a 30% share. But it has not been easy for Flipkart to maintain

Read Full Article »

What Else is on Qualys’ Radar?

Early this month, Qualys (NASDAQ: QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, reported a strong quarter that blew past market expectations.

Billion Dollar Unicorns: BlackLine Striking Powerful Partnerships

According to a report by TechNavio published last year, the global business accounting software market is estimated to grow at CAGR of 6% to reach $4.1 billion by the year 2021. Blackline (Nasdaq: BL) is a SaaS-based finance and accounting firm that is trying to chip away at this market opportunity.

Tableau Has a Stellar Quarter

According to a recent market report, the global visual analytics market is expected to grow at a CAGR of 22% to reach $7.7 billion in 2023. Data analytics firm Tableau (NYSE: DATA) is a leading player in the industry. In its recent results, it beat estimates driven by a 46% growth in annual recurring revenues.

How is Microsoft Strengthening its Cloud Arsenal?

Microsoft (Nasdaq: MSFT) last week announced its third quarter results that blew past all market expectations. Microsoft’s Azure continued to shine and helped boost its Intelligent Cloud revenue.