Billion Dollar Unicorns: DraftKings Faces Hurdles

According to Juniper Research, the entry fee revenues in the fantasy sport industry are estimated to grow from $2.6 billion in 2016 to $5.3 billion by the year 2020. However, the industry is witnessing several legal and regulatory concerns that have slowed down the growth of Billion Dollar Unicorn DraftKings.

Billion Dollar Unicorns: Careem Focused on MENA

The highest privately valued company Uber is the poster child of ride sharing. One of its strong, regional rivals is Dubai-based Careem, which has recently entered the Billion Dollar Unicorn Club.

The Trade Desk Delivers the Rare Combination of High Growth and Profits

According to a recent eMarketer report, digital advertising spending in the US is expected to grow from $83 billion in 2017 to $129.23 billion in 2021. Digital ad expenditures overtook TV ad spend in 2016. TV ad spend is expected to reduce from 35.2% in 2017 to 30.8% by 2021. During the same period, digital advertising

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Billion Dollar Unicorns: Clover Health Reaches Milestone Valuation

Over the past few years, there has been an added focus within the global healthcare industry to reduce costs and manage resources more efficiently while improving patient care. To meet these pressures, healthcare organizations including physicians and insurance service providers have become data driven. San Francisco-based Clover Health is a Billion Dollar Unicorn club member making

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Billion Dollar Unicorns: Garena Files Privately in New Avatar

Singapore-based Garena became the most valuable Billion Dollar Unicorn from South East Asia riding on the popularity of its games. It has now expanded into e-wallets and e-commerce in the South East Asian region and has filed privately for an IPO after rebranding itself as Sea.

Billion Dollar Unicorns: Kuaishou to Focus on AI

According to a report by Zion Market research, the global digital photography market is expected to grow 6% annually from $77.66 billion in 2015 to $110.79 billion in 2021 driven by the increasing advancements within the social networking and photo sharing sites. Billion Dollar Unicorn  club member Kuaishou is already reaping benefits associated with this trend.

Billion Dollar Unicorns: Yello Mobile Delays IPO

South Korean Billion Dollar Unicorn club member Yello Mobile had been planning to go public this year. But recent financial results suggest that those plans may have been delayed by a year.

Billion Dollar Unicorns: Peloton Cycles Into the Club

According to Technavio, the global home fitness equipment market including treadmills, weightlifting machines, and stationary bicycles is expected to grow at a CAGR of 5.08% during the period 2017-2021. Peloton, which sells an Internet-connected indoor fitness bicycle, recently joined the Billion Dollar Unicorn Club.