Adobe (Nasdaq: ADBE) has successfully transitioned its business to subscriptions over the past few years. Profits and revenues slumped in the initial transition period, but that phase is finally over. The company is now producing impressive growth. Last week, it reported its twelfth straight quarter of revenue growth driven by growth in its marketing cloud
Last year, San Mateo-based Coupa (Nasdaq: COUP), a provider of cloud-based spend management firm, listed on the stock exchange. The market was pleased with the listing and it sent the stock soaring. But things haven’t looked so rosy since as investors begin to lose patience with its continued losses.
A recent report by Worldpay projects India to be the world’s second largest e-commerce market by 2034. The Indian e-commerce market is estimated to grow to $63.7 billion by 2020 driven by increasing internet penetration. Internet users in the country are expected to grow from 350 million in 2016 to 600 million by 2020. But
Analysts estimate that the global coworking market now has more than 7,000 vendors. Coworking operators help make it easier for companies to have a physical office location by enabling sharing of workspace. One such vendor, now looking to go public, is New York-based WeWork.
As per a report by Slice Intelligence, the growth rates for food subscription services is slowing down. Back in 2015, food subscription services like Blue Apron and HelloFresh were seeing growth of nearly 200% each quarter. Those growth rates have dropped to under 60% in the last quarter of 2016.
The foodtech market in India once attracted considerable funding as it was considered promising. However, the market has now become overcrowded and price wars as well as weak logistics and delivery infrastructure are taking a toll on the industry. In 2016, over 37 foodtech startups in India shut down while nine were acquired. Former Billion
After years of flipping between will it or won’t it, messaging service Snap (NYSE: SNAP), finally went public. The market has been looking forward to the IPO. But Snap will have to do more than just publish user metrics now. To justify its valuation, Snap will have to show its ability to drive revenue growth
SaaS-based enterprise application services provider Workday (NYSE: WDAY) may have delivered an impressive quarter, but the market is not impressed. During the recent result announcement, Workday announced a change in accounting practices and a re-organization of its operations – a move that has not gone down well with the analysts.